Finance

Richard Nii Armah Quaye set to retire as Board Chairman of Bills Micro-Credit on Monday

According to the portal, an official announcement is expected to be made public on Monday, April 28, 2025.

As part of the announcement, Richard Quaye is expected to introduce his successor and unveil his next venture, RNAQ Holdings, where he will assume the role of President.

The move is expected to mark a leadership transition for Bills Micro-Credit while offering a glimpse into the vision behind RNAQ Holdings.

Quaye’s retirement will bring to a close a significant chapter in the story of Bills Micro-Credit.

Under his leadership, the company has steadily grown into a recognisable player in Ghana’s microfinance sector, expanding access to short-term financing for small businesses and individuals typically underserved by traditional banks.

Richard Nii Armah Quaye recently underwent a tax assessment by the Ghana Revenue Authori (GRA) following his highly publicised 40th birthday celebration, which drew significant attention on social media.

In response, Bills Micro-Credit Limited issued a statement distancing itself from Quaye’s personal financial activities, emphasising that it operates as an independent legal entity and does not fund his private purchases or events.

The company also clarified that Richard Quaye is not its CEO but serves solely as Board Chairman.

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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