Kwahu Educational Trust Fund launched

Page 44
28-07-08

THE Omanhene of the Kwahu Traditional Area, Daasebre Akuamoah Boateng II, has inaugurated a nine-member Board of Trustees for the Kwahu Educational Trust Fund (KETFund) in Accra.
They are Professor J.S.K. Ayim, Chairman of the National Accreditation Board; Nana Kwame Kumnipa IV, Twenedurasehene and Wirempehene of Kwahu; Mr David Osei Asare, a legal practitioner; Mr Dan Kwadwo Anyan, a civil engineer; Mr Eric Owusu-Acheaw, a banker; Mr Jackson Atuobi-Ansong, an accountant, Mr Eric I.A. Odame, a business executive; Mr Richard Addo, a business executive, and Ms Augusta G. Tenkorang, educationist.
The Kwahu Development Association (KDA) has provided GH¢100,000 as seed money for the fund.
At the ceremony, Nana Boateng said the fund was aimed at supporting brilliant needy students from the traditional area.
According to him, those who were not financially sound but were academically good needed to be supported to contribute their quota to national development.
He said the board members were selected based on trust, and urged them to work hard to justify the trust reposed in them.
Nana Boateng cautioned the members against nepotism and corruption, and charged Kwahu citizens, home and abroad, to support the association to generate more money for the fund.
Prof. Ayim thanked the chiefs and people of Kwahu for the task assigned them, and pledged that they would work to perfection.
The Chairman of the Executive Council of KDA, Mr E.R. Ofori, said the objectives of KETFund were to provide financial support for the education and training of brilliant needy students from the Kwahu Traditional Area, as well as provide educational facilities and materials.
The fund, he said, was also to assist educational institutions and teachers in the provision of facilities or equipment needed for the training of students, offer scholarships/grants to students, and engage in activities that might promote education, among other things.
He said the board shall be solely responsible for the security of the fund and invest in other areas that might be approved by the Board of Trustees, adding that “the fund shall be held upon trust and shall consist of donations from the associations and such other sources as may be identified by the board”.
The Kwahu East District Chief Executive, Mr Raymond Osafo Gyan, pledged the support of the Assembly to the fund to enable it to achieve the desired objectives.