The maiden Chancellor of the University of Professional Studies (UPSA) has promised to institute a $ 100,000 Endowment Fund to help broaden academic and professional excellence in the University.
Nene Drolor Bosso Adamtey I, UPSA Chancellor and also the Suapolor of the Se (Shai) Traditional Area, said the fund would be used to support the University’s Strategic Leadership Centre to enable students to provide sustainable leadership that would further promote the socio-economic development of the nation.
He assured that a very solid endowment policy would be put in place to strike a balance between providing a predictable and stable stream of revenue for current beneficiaries, and also increase the purchasing power of the revenue stream for future beneficiaries.
Nene Adamtey, known in private life as Dr. Kingsley A. Fletcher, who made the announcement during his induction as the maiden Chancellor of UPSA in Accra, on Saturday, said the Fund would contribute to the continuous transformation of the University.
He becomes the maiden Chancellor of the University following the passage of the UPSA Act (Act 850) in October 2012, which made it self-governing
He said UPSA had the great distinction of being the first and only public institution with the mandate to offer academic degrees and higher professional education in Ghana, as well as the oldest professional school of accounting and management.
The Chancellor said he was impressed by the marvelous progress that the University had made, from an entirely private higher learning centre to a university of choice in business studies in the whole of Africa.
He said his vision was to enhance the external visibility of the University and strengthen linkages and collaborations around the globe, declaring that this would expand the scope and presence of their programmes.
Nene Adamtey said: “In today’s emerging world, institutions of higher learning should not only train students in broad areas, but attach specialized fields, such as petroleum, agriculture, allied health and others, so that we can produce petroleum accountants, health economists, agricultural marketers and valuators.”
Mr Justice Nii Aryeetey, UPSA Council Chairman commended the Vice Chancellor, management team, staff and students for their continuous support and dedication to the course of the University and the provision of quality higher education in Ghana.
He described the maiden Chancellor of UPSA as a man of many parts, an endowed enterprising young man, an astute traditional ruler, author, international advisor, an academician and a visiting Professor in many institutions of higher learning around the world.
Professor Joshua Alabi, UPSA Vice Chancellor, lauded Management, Executive Committee, Academic Board and the Governing Council for a thorough and painstaking work, which has yielded in the appointment of such an illustrious son of Ghana as the first Chancellor of the University.
He noted that Dr Fletcher had demonstrated a deep commitment to academic excellence, educational access, economic development and community outreach.
The Vice Chancellor said the Chancellor brings to UPSA an impressive record of extensive academic, administrative and leadership experience to lead Ghana’s Business Professional University, which blends Scholarship with Professionalism.