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Meet Afua Kyei: The chief financial officer of Bank of England

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Afua Kyei, the chief financial officer of the Bank of England was recently named in the 2023 list of 100 Most Reputable Africans.

The list by Reputation Poll International (RPI), a leading global reputation firm (reputationpoll.com), named nine other Ghanaians selected in the areas of governance, entertainment, human rights/advocacy, education and business.

The other Ghanaians include Professor Naana Jane Opoku-Agyemang, the chancellor of the Women’s University in Africa and Eric Yirenkyi Danquah, a professor of plant genetics at the West Africa Centre for Crop Improvement (WACCI) in Accra.

Others are Dag Heward-Mills, the founder and bishop of the Lighthouse Chapel International; Edward Enninful, OBE, the editor-in-chief of British Vogue; Ken Kwaku, the honorary consul of Ghana to Tanzania; and Kofi Tutu Agyare, managing partner at Nubuke Investments.

The remaining three are Lucy Quist, the managing director of Morgan Stanley Ghana, Samuel Esson Jonah, the chancellor of the University of Cape Coast, and Theresa Ayaode, the executive director of the Multiple Concepts Group.

About Afua Kyei

Afua Kyei is the Executive Director for the Finance Directorate, a Director of the Bank of England Asset Purchase Facility Fund and of the Bank of England Alternative Liquidity Facility. Afua is one of the executive sponsors leading Bank of England’s  approach to climate change and is focussed on diversity and inclusion.

Kyei joined Bank of England in 2019 from Barclays Bank where she held Finance Director roles (2012-2019) across its three divisions: Group Operations and Technology, the Investment Bank, and latterly in the Retail Bank as Chief Financial Officer Mortgages. She played a key role in Barclays’ strategic cost transformation program, TRANSFORM and was an ambassador for diversity and inclusion for Group Finance Director functions.

Previously, she held advisory roles at UBS in Mergers and Acquisitions, Group Strategic Advisory (2007-2009) and was an Investment Banker in the Financial Institutions Group covering UK, Benelux, Central and Eastern Europe (2009-2011). She was part of the team that helped advise RBS during the financial crisis in relation to its divestments mandated as part of EU State Aid remediation, its participation in HM Treasury’s £282bn Asset Protection Scheme and its capital issuance of £33.5bn to HM Treasury.

She qualified as a Chartered Accountant (ICAS) with Ernst & Young. She read Chemistry at Somerville College, Oxford University and graduated with a Master’s degree. She was awarded a Junior Research Fellowship by Princeton University in Organic Chemistry.

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