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Company Profile ›

Mission & Vision ›

Corporate Officers ›

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Board of directors ›

Excellence ›

COMPANY PROFILE

Nexto Pharmaceuticals Limited is currently a wholly Ghanaian-owned company which was established by its current Executive Director, Mr. Emmanuel Darko. Nexto Pharmaceuticals was incorporated on October 17, 2011 under the Company Act, and commenced business on October 18, 2011. The Company is currently headquartered at the North Industrial Area enclave at Kaneshie, Accra.

 

Nexto Pharmaceuticals is active in the distribution of medical devices to various public and private hospitals, clinics and health centers in Ghana.

Nexto Pharmaceuticals currently focuses its activities on the distribution in Ghana of seven main products:

• Sutures

• Cannulas

• Examination Gloves

• Surgical Gloves

• Catheters

• Gauze and

• Nurse caps

 

From the year 2013 to 2015, the Company generated aggregate revenue of about 3.2M Ghana Cedis from its surgical gloves product line and has seen a steady growth. Nexto Pharmaceuticals is looking to be among the leading importers of medical devices in Ghana, and to develop and grow its own brand NEXLIFE®. Within 3 to 5 years, the Company wants to be one of the leading players in Ghana.

 

The Company does not have any holding, sister company or subsidiary in activity in Ghana or anywhere else. The Company is authorized under the Regulations to undertake the following:

 

• Distribution of medical and surgical equipment;

• Import and export of pharmaceutical products;

• Ownership, establishment, management and maintenance of hospitals research and diagnostic centers.

MISSION AND VISION STATEMENT

Our mission is  “to become one of the key players in the healthcare industry by distributing and supplying quality healthcare products and services not just in Ghana but in West Africa and beyond.”

 

Our vision is “to make health centres a partner in the delivery of quality, efficient and cost effective health services and in the planning and management of health facilities throughout the country.”

CORPORATE OFFICERS

Nexto Pharmaceuticals is currently managed by its Executive Director/CEO and a Director of Operations. As part of Nexto’s growth plans, the board has approved of the strengthening of the company’s senior management team through the recruitment of a Chief Finance Officer and the Head of Marketing & Sales.

Executive Director – Emmanuel Darko

Emmanuel Darko founded Nexto Pharmaceuticals in 2011, after an extensive experience in the medical devices distribution industry as a Sales and Marketing Manager. At his previous companies Surgmed Ghana Limited and Ike Chris Medical Suppliers, Emmanuel advised the CEO on the products the company should import along with the prospecting of new clients and the building of the brand. Emmanuel Darko holds a Bachelor of Sciences in Marketing from the University of Management Studies (UCOMS) Ghana, along with a diploma from the Chartered Institute of Marketing.

 

Chief Finance Officer – Mr. James Kugblenu Tetteh

James is the Accountant at Nexto Pharmaceuticals Limited. He has a good background in accounting, taxation, auditing, financial management and cost and management accounting. He is currently a qualified Chartered Accountant. He graduated with a First Class in HND Accountancy from Koforidua Technical University. James is also reading a two-year degree in bachelor of Commerce (Accounting Option) with the University of Cape Coast. Prior to joining Nexto Pharmaceuticals Ltd, James started his work career with Inter-Class Associates Ltd as an Audit Officer and was later promoted to Audit Associate and finally to Assistant Manager, (Tax & Audit). He also worked with Business Finance Consultants Ghana Limited as a Technical Manager/Consultant. He was a teaching assistant at the Koforidua Technical University. James was a tutor at the ICAG Professional Classes, Koforidua, where he provides guidance to ICAG students in Financial Management, Taxation and Cost and Management Accounting.

He is hardworking, dedicated, and possesses good communication skills. He attaches a great sense of purpose and a high level of commitment to any given task while taking into account, group interest in carrying out his task. James brings on board an excellent blend of advisory, financial statements preparation and interpretation, practical knowledge and application of Ghana Tax Laws as well as setting of accounting/bookkeeping system.

 

Operations and Marketing Manager – Eugene Christopher Nii Adjei Tetteh

The Head of Operations joined Nexto Pharmaceuticals at the end of 2016 on a full-time basis to supervise the logistics and stock management functions. Eugene has 12 years’ experience working in the telecommunications industry, customer service, retail, finance and credit. Most recently, Eugene was in charge of logistics and sales within the Department of Commercial Operations at Vodafone Ghana, where he also developed a system for stock management and cash handling. Eugene holds a BBA in Accounting from the University of Ghana/Methodist University College Ghana, along with a Master of Business Administration (MBA) in Finance from the University of Ghana/Wisconsin University College Ghana.

 

Head of Management Information Systems – Gilbert Osei-Dadzie

The Management Information Systems function is a strategically outsourced consultancy led by Mr. Gilbert Osei-Dadzie, an Information Systems expert with over 10 years industry experience. He holds a Masters in Electrical & Electronic Engineering from Kwame Nkrumah University of Science & Technology and have worked in sectors such as International Cultural/Education, Donor Funded Projects, and Telecommunications. Gilbert comes on board with vast experience in Project Managing deployment of Enterprise Resource Planning (ERP), Accounting Systems and Enterprise Content Management. He also has practical knowledge of Data Science/Business Intelligence, Software Development and Relational Database Management. He is a member of a number of internationally reputable bodies such as the Institution of Engineering & Technology (IET)-UK, Association of Computing and Machinery (ACM)-US, and Association for Information & Image Management (AIIM). He is the Chief Executive and Chief Systems & Engineering Officer of SmartTEK-AES, a Science, Technology, Engineering,  Sustainable Agriculture and Research based company in Accra.

CORPORATE GOVERNANCE

Effective September 2016, Nexto Pharmaceutical constituted its new board with the sole responsibility of:

– Supervising, retaining, evaluating and compensating the CEO

– Assisting the CEO with the recruitment of key strategic and senior management personnel

– Regularly assessing the overall direction and strategy of the business

– Establishing a policy-based governance system, i.e. to develop policies to guide its own actions and the actions of the CEO

– Protecting the Company’s assets and board members’ investment, including the Company’s plants, equipment, facilities and human capital;

– Monitoring and controlling the Company’s operations; this includes supervising the auditing process and hiring the auditor.

 

The board, currently counts seven members and can be expanded to new members if the Company decides to complete other equity fundraisings and welcome new investors in order to support the Company’s growth.

BOARD OF DIRECTORS

The Directors of Nexto Pharmaceuticals is currently comprised of seven individuals:

• One (1) Non-Executive Chairman

• One (1) Executive Director

• Five (5) Non-Executive Directors

 

The Board of Directors is mainly responsible for the governance, policy and strategic direction of the Company. The board can be expanded to new members if the Company decides to complete other equity fundraisings and to welcome new investors in order to support the Company’s growth.

 

A profile of the different board members is provided below:

Dr. Padi Roland Ayertey (Board Chairman)

Dr. Ayertey has been an obstetrician and gynecologist at Resolve Medical Services since 2009, with a specialty in reproductive endocrinology and infertility. Dr Ayertey has a twenty-year experience in obstetrics and gynecology gathered at prominent institutions such as Ghana Health Service, Tema General Hospital or Korle Bu.

Dr. Ayertey holds a Bachelor of Medicine and Surgery from the University of Ghana Medical School, along with several certificates in surgery.

 

Mr. Emmanuel Darko (Executive Director)

Emmanuel Darko founded Nexto Pharmaceuticals in 2011, after an extensive experience in the medical devices distribution industry as a Sales and Marketing Manager. At his previous companies Surgmed Ghana Limited and Ike Chris Medical Suppliers, Emmanuel advised the CEO on the products the company should import along with the prospecting of new clients and the building of the brand. Emmanuel Darko holds a Bachelor of Sciences in Marketing from the University of Management Studies (UCOMS) Ghana, along with a diploma from the Chartered Institute of Marketing.

 

Mrs. Carole Ramella (Non-Executive Director)

Carole Ramella is the founder and current Managing Director of GFA Consulting Ltd, a corporate finance boutique based in Ghana and specialized in fundraising advisory for businesses that operate in West and Central Africa. After a first experience with Paribas and Arthur Andersen, Carole joined Gras Savoye, an insurance brokerage company, to develop the M&A practice for private equity and industrial investors. In this role Carole contributed to establishing this practice as one of the major players in France. She then joined Duff & Phelps, one of the world’s leading independent valuation and M&A firms, and helped increasing the brand’s awareness in France. In early 2011, Carole returned to Africa and founded GFA Consulting Ltd. Carole is 42 years old; she is a graduate of Reims Management School in France and holds an MBA from INSEAD. In July 2016, Carole was nominated by the French Government Advisor for Foreign Trade in addition to her advisory activities.

 

Mrs. Em Ekong (Non-Executive Director)

Em Ekong is the founder and Director of Urban Inclusion, a company incorporated in the UK and Ghana and specialized in business support. Em has a wide experience in the development and delivery of enterprise, employment and skills programs in both the UK and West Africa to support women, young people and ethnic minority communities. Em has a strong expertise in a diversity of business support services including business coaching and mentoring, business planning, business growth strategies, marketing strategies, social enterprise development, community capacity building and project management. Em holds a Master of Sciences in Economic Development – Econometrics, Public Sector Project Appraisal, Urban Regeneration, Development Economics and the World Economy. She also holds a B.A. Hons in Economics and Finance 2:1, with a major in Economics and a minor in Finance.

 

Mr. Patrick Kwablah Senadzo (Non-Executive Director)

Patrick brings to the Nexto board his long expertise in strategic marketing and the support of SMEs through the development of strong business models. Patrick started his work experience in 2005 as a marketing instructor at the University College of Management Studies, where he later became the Marketing and Communication Strategist. In 2014, he founded Patjos Business Solutions. Patrick holds a Master of Science in Marketing from Glamorgan University in the UK, and he has a Professional Post-Graduate Diploma in Marketing from the Chartered Institute of Marketing in the UK. He also received a certificate in Sales Management from the London Chamber of Commerce and Industry in the UK.

 

Mr. Alidu Mohammed Ibn Nurudeen (Non-Executive Director)

Since 2013, Alidu has been an Assistant Manager, Legal and Enforcement Department at the Securities and Exchange Commission in Ghana. He is a member of the Ghana  Bar  Association  and  has  had  experience  as  a   legal practitioner with Dassah & Associates, Kulendi @ Law and the National Board for Small Scale Industries. Alidu holds a Bachelors of Law (with Honors) from the University of Ghana, Legon. He has also received a Barrister of Law professional qualification from the Ghana School of Law.

 

Mr. Anthony Kobina Ghartey (Non-Executive Director)

Anthony has been a Senior Pharmacist at the St John of God Hospital (Duayaw Nkwanta) since 2015. In this capacity, he handles budgeting and procurement of medicines and medical devices and manages the medical stores. Prior to that position, one of his notable positions was Senior Regulatory Officer at the Food and Drugs Authority between 2004 and 2015, where he reviewed several product registration processes and handled investigation activities. Anthony holds a Bachelor of Pharmacy Degree from the Korle Bu Teaching Hospital and several pharmacy and health-related certificates from Ghana and US institutions.

EXCELLENCE

The Food and Drugs Authority (FDA)-Ghana, has developed a specific framework for the registration and importation of medical devices for use in humans as well as medical devices for veterinary uses. Medical devices must be safe, effective and manufactured from premises that meet the codes of current good manufacturing practices (cGMPs).

 

Nexto has already introduced its application with the Food and Drugs Authority (FDA)-Ghana for the registration of a list of 13 medical devices under the NEXLIFE® brand. Getting these products registered will allow Nexto to be in a condition to import products in Ghana and to join the limited list of authorized medical device importers in the country.

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