Prince Kofi Amoabeng: He Grew His Lending Outfit Into A Bank And Lost It All | The Untold UT Story
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In this episode, Captain (Rtd.) Prince Kofi Amoabeng—co-founder and former CEO of UT—opens up about a lifetime of building, leading, and rebuilding. From Adisadel College to University of Ghana Business School, to the Ghana Armed Forces, and then into the trenches of entrepreneurship, he traces the choices, values, and hard lessons that shaped the UT Holdings/UT Bank journey
We talk childhood and schooling, what military discipline really taught him about execution and accountability, and how a small, fast-moving lending outfit grew into a household name—before UT Bank’s license was revoked on August 14, 2017, and its operations were transferred to GCB Bank. He reflects candidly on what happened, the toll, and the mindset it takes to start again.
Amoabeng also situates his story in context—recalling life in Ghana in and after the Nkrumah era, campus life at Legon, and the early years in uniform. His path from officer to entrepreneur is a through-line: discipline, speed, and service
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