Emmanuel Abraham Folson

With over 50 years of working experience in the Finance & Accounting Industry, Mr Folson has engaged a lot of Financial and Accounting institutions and other companies before his current position. 

Mr Folson held the position of Director of Finance at Ghana Airways (1992 -1998) where he was responsible for the financial administration of the corporation and was a member of the three-man Interim Committee appointed by the Board of Directors pending the appointment of a substantive Chief Executive for the corporation.

He also worked with UNDP / World Bank (Nov 1991 / Jan 1995) on a short-term consulting appointment for Public Expenditure Review in Uganda and Ethiopia respectively. The assignment involved the determination of adequate levels of funding to ensure the satisfactory provision of services in existing Government Education, Primary Health Care, Roads Network and Agricultural Extension Services.

From Nov 1989 – 1992, He was one of the Ghanaian representatives on an International Committee CIMAO Liquidation Committee who were charged with the function of winding up the tri-nation joint venture company set up between Togo, Ghana and La Cote d’Ivoire for the production of clinker which was duly safeguarded in the interest of the people of Ghana.

He worked as the Chief Accountant of Accra Brewery Limited (1987 – 1990) and was responsible for the Commercial Manager and the financial administration of the company. He also coordinated the development, installation, and implementation of an Accounting Software package specifically tailored for a brewery environment and its peculiar reporting requirements.

He was also the Leader, the Budget Task Force at the Ministry of Finance and Economic Planning (Mar – Nov 1987) where he reported to the erstwhile P.N.D.C Secretary and was involved in the establishment of the inter alia Expenditure Norms for the main classes of recurrent (non-wage) budget for Ministries of Agriculture, Health and Education.

Mr Folson was the Chief Manager (Jan 1983 – 1987), Deputy Chief Accountant (Jan – July 1977) and Chief Accountant (July 1977 – Dec 1982) at Ghana Reinsurance Organization where he assisted the Chief Accountant in the daily administration of the Accounts Department in the implementation of policy decisions on accounting matters of the organization. He also helped in the formulation and implementation of policies as the Chief Accountant of the organization.

Mr Folson also worked at UAC Ghana Limited as the Manager, Unilever Audit Department (April 1976 – Jan 1977) and was responsible for the Audit activities of the various units within the group (breweries, textile manufacturing, department stores, vehicle assembly plants etc).

He was the Chief Accountant of James Vance Travel / James Vance Travel (West end) Limited in London, UK (July 1972 – March 1976) and was responsible for the formulation and implementation of accounting policies. 

From Jan – June 1972, Mr Folson worked as an accountant at Fox & Co. / Wall & Tanfield Chartered Accountants, Aldridge Road, Birmingham, the U.K. where he prepared and audited accounts and helped clients with taxation matters.

Mr Folson worked at Fisher Philips & Co. Chartered Accountants, Chancery Lane, London, U.K. (Dec 1971) as an Audit Senior and also worked as an Audit Clerk rising to Audit Senior at Evans Cross & CO. Chartered Accountants, Bilston Staffs, in England (1966 – Sept 1971).

Mr Folson has over the years held other different positions in different institutions such as Chairman, Board of Directors at Accra City Hotels Limited (1993-date), Member, Board of Directors at M. Tabbica & Sons Limited (1997 – 2005), member, Board of Directors at Ghana Airways Limited (1996 – Mar 1998), Government rep on Board at Mankoadze Fisheries Limited (Oct 1989 – June 1990) and was a part-time lecturer at School of Administration, University of Ghana (1981/82 – 1983/84).

Mr Emmanuel Abraham Folson is a Fellow, Chartered Association of Certified Accountants (FCCA) and a Member, of the Institute of Chartered Accountants, Ghana (ICA-GH). He also holds a qualification in the Association of Chartered Certified Accountants from the College of Commerce and Technology Wednesbury Staffs, England (1966 – 1970).

He also delivered a paper, October 1997 “Privatization – Political, Legal and Financial Objective the Ghana Perspective’’ Air Finance for Africa Conference at Sandton Sun Towers Inter-Continental Hotel, Sandton, South Africa.

Mr Folson has gained exquisite experience in the industry and his works reflect a strong commitment to the strengthening of the accounting profession in Ghana.