Ambassador Afare Donkor is a banker by profession, with a degree in Economics from the University of Ghana. His work experience has been centered in the financial services industry. Between 1968 and 1985 he worked in the following banks; Barclays Bank, National Investment Bank and Merchant Bank.
In 1985 he set up the first Discount House in Ghana, Consolidated Discount House (CDH) which was formed together with eight banks and six insurance companies. He was its first Managing Director between 1985 and 1990. During that period, he helped establish the Securities Discount Company (SDC), Ghana Leasing Company and also helped to establish the Ghana Stock Exchange, all three of which he was Chairman during the 1990’s.
In 1989 he founded the first privately owned bank-Continental Acceptance Limited, now CAL Bank, and was its first Managing Director until 1996. CAL Bank is currently public company and Mr. Donkor remains the largest single individual shareholder. He served on several boards including Chairman of Ghana Cocoa Board (COCOBOD), and Ghana Oil Company GOIL of which at a certain point in time he acted as its chairman.
Between 1996 and 2002 he was a Consultant in Banking and Finance operating under the name Sedgewick Consult until appointed Ambassador to the People’s Republic of China between July 2002 and January 2009. On his return to Ghana, he founded Summit Industries Ltd, producers of Le Country Mineral Water and is to date the Chairman.
Since his return, Ambassador Donkor has also successfully provided consulting services for Chinese and Russian firms who are now currently involved in the oil Sector in Ghana. He is married with three children and three grandchildren.