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Wednesday, October 31, 2012

BEIGE CEO tells Ghanaian youth “it’s our time”

At age 36, Michael Nyinaku is setting an excellent pace in the world of business for many a Ghanaian youth presently seeking employment opportunities.

As Chief Executive Officer of the BEIGE Group, Mike has founded a number of wholly-owned Ghanaian companies in finance, hospitality, real estate and logistics as well as a charity Foundation for orphans and the vulnerable.

Today, Beige Capital and Beige Village, Golf Resort and Spa are fast growing as competitive brands on the market, generating employment and .

Mike was adjudged the Best Young Entrepreneur for 2011 at the Ghana Entrepreneur Awards and has emerged the overall male National Youth Personality for the year at the National Youth Achievers Awards (NYAA).

He is ‘humbled’ by the recognition and believes this is the time for the Ghanaian youth to take the mantle of leadership.

“It’s our time and we’re lucky to have a climate that is favourable for enterprise”, he told Luv Biz Report in an interview. “People of our age have had this opportunity because back in years, people could not express their initiatives but now we have political stability, there is a lot of investment coming into the country and there is belief in us as a people that can do better for our country”.

The young achiever is optimistic Ghana’s youth “would turn things around” in the next ten years.

Meanwhile, BEIGE Capital has increased its branches to 18, with the opening of six new branches in Kumasi.

The networks, located at Atonsu, Adum, Bantama, Suame, Tafo and Afful Nkwanta, have recorded about eight thousand customers in less than three months of operations.

“At Beige Capital we believe in rapid expansion because we’re not going to foreclose our business anytime soon. We’ll be in Kumasi for a lifetime, that is why we did not hesitate at all in opening six branches in one day… we are in Kumasi to partner the business community and grow with Kumasi”, stated Mike Nyinaku.

The CEO says the company is raising the bar in the financial service industry, priding in its operations as the most capitalized savings and loans company in the country.

According to him, the firm is pursuing a win-win clients’ relations model in a new way of lending to sustain businesses through a strict loan disbursement monitoring system.

He indicated Beige Capital, which was established in 2008, should go nationwide by 2014.

Story Kofi Adu Domfeh

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