Richard Nii Armah Quaye steps down as Micro Credit CEO

Ghanaian entrepreneur, Richard Nii Armah Quaye, has stepped down from his roles as CEO and Board chairman of Quick Angels and Bills Micro Credit.

He made the announcement during a press conference at the Alisa Hotel in Accra, on Monday, April 28, 2025.

This resignation is part of Richard Nii Armah Quaye’s plans to retire from his business ventures, a decision he had previously shared a few weeks ago. He also introduced his new venture, RNAQ Holdings.

In his address at the event, Richard Nii Armah Quaye stated, “As I transition into retirement from my roles as CEO and Board Chairman across my businesses in Ghana and beyond, I aim to dedicate my efforts to uniting young individuals with financial resources, exceptional skills and early-stage enterprises.

My goal is to scale this initiative to ignite an economic revolution that will strengthen our nation. I am solely focused on our economic prosperity and have no political ambitions, despite any speculation.”

Richard Nii Armah Quaye’s retirement follows a grand 40th birthday celebration held at Black Star Square in Accra, which featured performances by renowned artists such as Davido and Sarkodie, and was attended by prominent figures from Ghana’s business and entertainment industries.

Despite retiring early from active service, Richard Nii Armah Quaye said he has no intention to enter into politics.

Nevertheless, he encourages the public to invest into venture capital to help find start-up businesses and small to medium enterprises (SMEs) across the country.

Lawyer Dei Kwarteng will take over as chairman of Bills Micro Credit, while Emmanuel N.L. Lamptey will assume the role of CEO at Quick Angels.

 

The post Richard Nii Armah Quaye steps down as Micro Credit CEO appeared first on The Ghanaian Chronicle.

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