Switchback Developers Limited (SDL) is a Ghanaian company registered to engage in property development and management and a Special Purpose Joint Venture Company formed for the sole purpose of undertaking a series of High Class Mixed-Use development facility dubbed “The Switchback Park Project” that sits on a 16.77acre plot within the Switchback road enclave situated between Liberation Road and Switchback Road opposite the 37 Military Hospital and adjacent to the Army Officer’s Mess. The Liberation Road /Independence Avenue is home to Banks, Insurance Companies, Telecommunication Companies, High Commissions, Multilateral Institutions, etc and attracts one of the highest rents and prices. Though, close to the Central Business District (CBD) of the capital, it is removed from the heavy downtown traffic, thus making it a preferred residential location. The site also benefits from the security from the Flag Staff House (the Presidential palace) that is almost opposite the subject land.
The company was registered on 11th May 2007 and issued with a license to commence business on 14th May 2007. The company is currently located at the construction site on Switchback Road, Opposite 37 Military Hospital.
The Shareholding Structure of Switchback Limited is as follows:
The Company’s mission is to develop the Switchback Park Project into mixed-use facilities namely:
The company seeks to create a district in the city of Accra that forecasts the way and manner in which the capital will and should develop; promoting a vibrant and vivid landscape that cultivates civic pride and creating a unique sense of place that exceeds tenants expectations and gratifies users of this inviting and accommodating urban space.
Switchback Developers Limited (SDL) is overseen by an independent Board of Directors representing the interest of the promoters / shareholders. The board is made up of persons of with requisite experience and qualifications. The board oversees policy and technical direction of the Switchback Park Project, approves design and technical specifications and awards contracts. The construction and project management will be handled by specialized and competent construction and project management companies.
Mr. Charles B. Nimako is currently the Director of Africa Initiatives for Safe Water Network, a US based NGO. Before joining Safe Water Network in May 2010, Mr. Nimako was the Chief Executive Officer of PepsiCo franchise holders Beverage Investments Ghana Limited and SBC Beverages Ghana Limited. Mr. Nimako graduated in Economics and Accounting from Claremont McKenna College in California, and obtained an MBA from Stanford University’s Graduate School of Business. He is a Certified Public Accountant (CPA) and is a current Member of the American Institute of Certified Public Accountants.
Mr. James Frempong is the Managing Director of Switchback Developers Limited, having been in this position since June 2012. Prior to that he was the Director of Business Development and Chief Accountant at Trasacco Estates Development Company Limited, Metropolis Development Limited and Ital Prestress & Construction Products Limited from February 2004 to May 2012. Mr. Frempong is a Chartered Accountant by Profession. He is a Fellow of the Association of Chartered Certified Accountants ((FCCA) and a member of the Institute of Chartered Accountants (Ghana) with 30 years post qualification experience. He holds a Master of Business Administration degree in Finance from the Manchester Business School, UK and he is a former Officer of the Ghana Army
Mr. Emmanuel Owusu-Ansah is a Health Planner with special interest in Health systems and Institutional Arrangements within the Health Sector. He received his training in a number of Universities starting with a degree in Sociology at the University of Ghana, Post Graduate Diploma at the University of Dortmund in the then Western Germany, an MSC Degree from the Kwame Nkrumah University of Science and Technology in Kumasi and an MA Degree in Health Facility Planning from the Built Environment Faculty of the South Bank University in the United Kingdom.He has over twenty-five years working experience in both public and private health systems and project management areas. Emmanuel, until his retirement from active service at the Ministry of Health was the Director of PPME and worked in various capacities as team leader in Annual Reviews of the health sector.
Augustus Mensah is a seasoned investment professional with over a decade of experience in equity investment management within the nation’s biggest pension fund – SSNIT. He is currently the Head, Listed Portfolio at the Social Security & National Insurance Trust. He is also responsible for examining the data of various listed assets using financial results, market prices, and industry factors and using the data to predict the future earnings of the company and consequently advise on buy, sell or hold decisions.
Kwaku Appiah-Adu is Professor of Strategy at Central University, Dean of the Business School and Principal Strategic Advisor to the Oxford Policy Management’s Oil and Gas Programme, Ghana. Previously, he worked at the Office of the President, Ghana, where he was Head of Policy Coordination, Monitoring and Evaluation, Chairman of the Oil and Gas Technical Committee, Director of Ghana’s Central Governance Project and member of the President’s Investors’ Advisory Council, as well as the Advisory Board for the UN Initiative on Continental Shelf Delineation. Prior to that, he worked as a consultant with PricewaterhouseCoopers and lectured at the Universities of Cardiff and Portsmouth. An author with over 100 publications, he has also served on various boards in the public and private sectors. Currently, he is Board Chairman of GLICO Pensions Trustee Company Ltd, Chairman of the Centre for Advanced Strategic Analysis, Advisory Board member of the Lupcon Centre for Business Research (Germany), Director of Traders International Africa (USA) and Independent Director of the Shell Pensions Fund. He has received many awards, including the President’s Award for exceptional contribution to national development. Kwaku is a Chartered Architect and a member of the Royal Institute of British Architects, London, UK.
Mr. Ian Morris is the Managing Director of Trasacco Estates Development Company, the largest Luxury development company in Ghana. Mr. Morris has held the position for over fourteen years, under his leadership the company has grown its annual turnover to US$30 million with development in progress of US$400 million. He is also the Managing Director for ITAL Pre-Stressed Construction Products Ltd, a civil engineering, industrial services and building materials company. Mr. Morris previously worked as an Architect for TR Hamzah & Yeang Sdn Bhd in Malysia where he worked for two years. He also worked as a project Architect for Sir Norman Fosters and Partners and Benoy LLP both in the UK. Mr. Morris is also a shareholder and Director for TGL properties, owners of a 205 Room Business Hotel in Accra, and independence Properties Ltd, developers of Hilton Garden Inn Hotel in Accra.
Mr. Kwasi Atuah is the CEO, founder and also shareholder of Lifeforms Group. He began his career as a film producer and is considered the pioneer of airtime sales and program syndication in Ghana. Working with Warner brothers, Columbia Pictures and Viacom, Mr. Atuah introduced to Ghanaian TV screens sitcoms such as 227, family matters and different strokes among many others, which arguably raised the bar for Ghanaian producers. After a successful career in program syndication, Mr. Atuah realigned Lifeform’s core function from program syndication to infrastructure development. Over the past 10years, Lifeforms Limited under the direction of Mr. Atuah, has developed a number of projects such as the refurbishment of GBC, SHEP 4 /project – US&350 million national electrification project, funded by US EXIM Bank, and the supply and implementation of prepaid meters to improve the efficiency of energy use in Ghana.