Francis Atsu is a Certified Financial Risk Manager (FRM) and Certified Sustainability and Climate Risk Professional (SCR) by the Global Association of Risk Professionals (GARP) (USA) and an EXIN Agile Scrum Foundation Certified Professional. He holds a PhD in Finance (UK) (Commonwealth Scholar) from Brunel University of London, MSc in Financial Mathematics (Sweden) from Uppsala University and a BSc (Hons) in Mathematics (Ghana) from Kwame Nkrumah University of Science and Technology. He is a creative and solution-driven Risk (including climate change risk) and Financial Analyst with much experience in risk management, investment analysis, data analytics, corporate training and consulting, research and lecturing.

Dr Francis Atsu offers consultancy services for numerous institutions in risk modelling and management, investment appraisal, data analytics, and other allied areas.  His recent clients are Ministry of Finance, Bui Power Authority, Broll Ghana Limited, Electricity Company of Ghana, AngloGold Mining Company, USAID, among others.

He is the Chairman of GIMPA’s Enterprise Risk Committee that formulated and implemented enterprise risk management policies for identifying and managing risks inherent in GIMPA’s operations and external factors. He is also a member of GIMPA Board of Trustees that performs fiduciary duties for the GIMPA Occupational Pension (Tier 2) and Provident Fund (Tier 3) schemes. He also a Senior Lecturer in Finance at GIMPA Business School.

Dr Atsu is adept at using the following applications: SAS, PYTHON, MATLAB, R, STATA, EVIEWS, Excel VBA; Power BI (Business Intelligence and Data Visualization Tool).  He serves as a referee for top-tier journals (e.g., Journal of the Royal Statistical Society- series A, Journal of Banking and Finance, Journal of African Business, African Journal of Economic and Management Studies (AJEMS), among others). In 2016, Dr. Atsu was adjudged as the best reviewer by AJEMS. Further, he is a published author and conference speaker on sustainability and climate risk, enterprise risk management, corporate default modelling, the and Basel II/III.

Professional affiliations

• International Academy of Africa business and Development (IAABD)
• Global Association of Risk Professionals (GARP) INC
• EXIN Agile Scrum

• Financial risk management
• Sustainable finance/Climate change risk management
• Behavioral finance
• Survival Analysis (Frailty Models)

• Asset stranding
• Sustainability and Climate Change
• Climate Change Risk Management
• Behavioral Finance
• Risk Modelling and Management
• Triple dividend of Resilience

2021

Individual Consultant, Ministry of Finance. Under the GEMS-TA Project sponsored by World Bank, led Ministry of Finance to build an institutional capacity in fiscal risk management, with the PFM framework, for identifying and managing fiscal risks arising from the actions of Government of Ghana (including State-Owned Enterprises, and Metropolitan, Municipal and District Assemblies-Subnational Governments) within the fiscal space and external factors.

Individual Consultant, Ministry of Finance. Under the GEMS-TA Project sponsored by World Bank, led Ministry of Finance to build an institutional capacity in report writing and presentation for the treasury and debt management function of the MoF

2020

Individual Consultant, Ministry of Finance. Responsible for developing and facilitating Basel II and Basel III Learning Roadmap for Treasury and Debt Management Division and other Units at the Ministry of Finance under the Ghana Economic Management Strengthening Technical Assistance (GEMS-TA) project funded by the World Bank

2018   

Leader of two programmers who designed and delivered training course in Statistical Analysis Software (SAS) for researchers on USAID and GHANA FTF Agriculture Policy Support Project

2017   

Leader of a team of three who carried assignment in designing and implementing risk management programs for Senior Managers from Volta River Authority, Ghana Highways Authority, among others

• 2016 Best reviewer, African Journal of Economic and Management Studies (AJEMS)
• 2015 Invited to Bank of England for Afro-Caribbean scholarship and bursaries Awards, under the auspices of Commonwealth Commission, UK
• 2012-2016 Commonwealth Scholar, Received Commonwealth Scholarship to PhD Finance at Brunel University, UK
• 2014 Invited by the Queen of England to Reception for Youth, Education and the Commonwealth, Buckingham Palace, UK
• 2014 Invited to British Parliament by Commonwealth Commission and Commonwealth Parliamentary Association (CPA), UK, 2014
• 2002 Gold Medalist, Member of Kwame Nkrumah University of Science and Technology (KNUST) 2002 gold medalist team in Ghanaian National Interuniversity Cross-country
• 2001 Gold Medalist, Member of Kwame Nkrumah University of Science and Technology (KNUST) 2001 gold medalist team in Ghanaian National Interuniversity Cross-country

Master’s Level Course, GIMPA Business School, GIMPA, Accra, Ghana

• FIN 703: Risk Management in Financial Institutions
• MBA Quantitative Techniques
• FIN 702: Investment Management
• BUS 718A: Managerial Finance
• BUS 712A Analytical Skills for Decision Making
• ECO 746B: Asset Pricing Theory and Management
• GBUS 719: Quantitative Methods
• SPSGDF 603: Quantitative Methods
• SPSGDF 703: Risk Management
• RMGT 606: Credit Risk Management
• MDEF 626: Financial Risk Management
• FIN 818D: Financial Modelling

Postgraduate Diploma Level Course, GIMPA Business School, GIMPA, Accra, Ghana

• GBUS 605: Business Finance

Undergraduate’s Level Course, GIMPA Business School, GIMPA, Accra, Ghana

• Mathematics for Economists
• UMTH 101: Quantitative Methods II
• GBUS 208: Statistics for Business
• Statistics II
• Statistics I
• BUS 223B: Business for Statistics 1
• FINC 401: Financial Risk Management

Peer reviewed journal articles

• Atsu, F., & Adams, S. (2021). Energy consumption, finance, and climate change: Does policy uncertainty matter? Economic Analysis and Policy
• Adams, S., Atsu, F., Klobodu, E. M., & Richmond, L. (2020). Electricity transmission, distribution losses and economic growth in South Africa. Heliyon, 6(11), e05564.
• Tweneboah-Koduah, S., Atsu, F., & Prasad, R. (2020). Reaction of Stock Volatility to Data Breach: An Event Study. Journal of Cyber Security and Mobility, 1-19.
• Atsu, F. & Tweneboah-Koduah, S. (2018). Impact of Cyberattacks on Stock Performance: A Comparative Study. Information and Computer Security Journal, 26(5), 637-652
• Atsu, F., Andoh, C., & Mensah, L. (2017). Econometrics for Financial Applications (Studies in Computational Intell). In L. Anh, L. Dong & V. Kreinovich, GL+ and G L- Reg. Springer
• Adams, S., & Atsu, F. (2015). Assessing the distributional effects of regulation in developing countries. Journal of Policy Modeling, 37(5), 713-725
• Adams, S., & Atsu, F. (2014). Aid dependence and economic growth in Ghana. Economic Analysis and Policy, 44(2), 233-242
• Atsu, F., Agyei, C., Phanuel Darbi, W., & Adjei-Mensah, S. (2014). The impact of telecommunication revenue on economic growth: evidence from Ghana. African Journal of Economic and Management Studies, 5(2), 195-208.

Email: fatsu@gimpa.edu.gh