Renowned Ghanaian entrepreneur and businessman Richard Nii Armah Quaye has officially announced his retirement from his executive roles at Quick Angels and Bills Micro Credit, signaling a shift in focus toward national economic development and youth empowerment.
The announcement was made on Monday, April 28, 2025, at a press conference organized by RNAQ Holdings at the Alisa Hotel in Accra. This move, though significant, did not come as a surprise, as Quaye had hinted at his intentions prior to his much-anticipated 40th birthday celebration.
In an emotional statement, Quaye expressed gratitude to all who had contributed to the success of his business ventures over the years and explained his motivation for stepping down.
“As I retire from my roles as CEO and Board Chairman of all my businesses in Ghana and abroad, I aim to dedicate my time and energy to uniting young individuals with financial resources, exceptional skills, and early-stage businesses to drive a larger-scale economic revolution that will strengthen our nation,” he declared.
He emphasized that this new chapter is not politically motivated but driven by a singular desire to see Ghana thrive economically. “My only aspiration is to see our country thrive economically, and I have no political ambitions, despite any speculation,” Quaye added.
Quaye used the opportunity to encourage the youth of Ghana to embrace entrepreneurship with courage, vision, and tenacity. He underlined the power of perseverance and innovation in shaping Ghana’s economic future.
As part of a well-structured succession plan, Lawyer Dei Kwarteng has been appointed as Chairman of Bills Micro Credit, while Emmanuel N. L. Lamptey will now serve as the Chief Executive Officer of Quick Angels.
Both successors expressed appreciation for Quaye’s visionary leadership and pledged to uphold his legacy by driving innovation and growth within their respective institutions.
“We are grateful for the trust and guidance Richard has provided over the years,” Lamptey said. “We will work with dedication to ensure his vision continues to uplift businesses and transform lives.”
Quaye’s departure from formal leadership roles does not signify a retreat from public life but rather a renewed mission to catalyze national development through mentorship, investment, and youth empowerment.
This bold move by one of Ghana’s foremost entrepreneurs signals a profound commitment to sustainable economic transformation and leaves behind a legacy of innovation, resilience, and service.
