Business
Evoking Authentic Leadership Through Neuroscience and Coaching – Scofray Nana Yaw Yeboah

The world of leadership is evolving rapidly, shaped by advancements in artificial intelligence, neuroscience, and the growing demand for emotional intelligence. As a transformational executive coach, I recently shared my insights in a post by the International Coaching Federation (ICF) across its social media platforms. The discussion revolved around the key differences between coaching, mentoring, and consulting—each of which plays a unique role in personal and professional development.
I highlighted the distinctions as follows:
Mentorship is ideal for those seeking guidance from someone with extensive experience in a related field.
Consulting is the best choice when an expert’s analysis and solution-provision skills are needed to accomplish a task.
Coaching, however, is a transformative process designed to unlock growth, development, and life-altering shifts in mindset, behavior, and attitude. It is an investment in one’s personal and professional evolution.
This perspective resonated deeply when applied to leadership. Leadership today is not just about casting vision, charisma, or decision-making for productivity. Instead, it demands emergence and authenticity—qualities that coaching nurtures through a revolutionary approach known as mBraining.
Coaching and the Three Brains: Head, Heart, and Gut
Modern neuroscience has revealed that human intelligence extends beyond the cephalic (head) brain. mBraining—a concept introduced by Grant Soosalu and Marvin Oka—emphasizes three key neural networks:
The Head Brain – Responsible for cognition, perception, and meaning-making.
The Heart Brain – Governs emotions, values, and relational connections.
The Gut Brain – Focuses on core identity, self-preservation, and decision-making intuition.
When these three brains work in harmony, leaders can develop creativity (head), compassion (heart), and courage (gut)—three pillars of authentic and effective leadership. Coaching helps leaders align these neural networks, enabling them to make more insightful decisions, inspire their teams, and foster organizational growth.
The Science Behind Leadership Coaching
Research supports the power of coaching in leadership transformation:
The Gallup Global Leadership Report highlights that employees look to leaders for hope, trust, compassion, and stability.
McKinsey & Company found that emotionally intelligent leaders drive 20% higher financial returns.
The ICF Global Coaching Study reported that 86% of companies investing in professional coaching see a return on investment, with 80% of individuals experiencing enhanced self-confidence and 70% noting improved work performance.
The Harvard Business Review (HBR) has consistently advocated for executive coaching, linking it to higher emotional intelligence, stronger leadership skills, and more effective decision-making.
Heart Intelligence and the Power of Coherence
The HeartMath Institute, a global leader in heart intelligence research, has demonstrated that the heart possesses its own nervous system and electromagnetic field. The institute’s studies show that leaders who maintain heart coherence experience:
Improved emotional stability and resilience
Greater team influence and performance
Stronger employee loyalty and trust
The emWave device, developed by HeartMath, measures heart rate variability (HRV) and is used by coaches to help leaders regulate emotions and enhance decision-making. Oprah Winfrey, in an HBR podcast, emphasized that leading with empathy fosters trust and deep human connection—a quality nurtured through coaching.
Gut Intuition: A Key to Strategic Leadership
Many of the world’s top business leaders—including Steve Jobs (Apple), Jeff Bezos (Amazon), and Richard Branson (Virgin Group)—have credited gut intuition for major strategic decisions. Neuroscientist Dr. Antonio Damasio has explored the role of intuition in decision-making, demonstrating that gut intelligence is crucial when logic and data are insufficient.
Coaching helps leaders harness this intelligence to navigate complex business environments with agility, adaptability, and strategic foresight. The gut, with its 500 million neurons, plays a critical role in leadership development.
Why Coaching Is a Game-Changer for Leadership
Leadership is no longer static; it is fluid, like water, adapting to changing landscapes. Coaching activates, synchronizes, and expands human intelligence, creating a more holistic and impactful approach to leadership.
By integrating neuroscience-backed coaching, leaders can:
Enhance personal and organizational performance
Build stronger, more cohesive teams
Navigate uncertainty with confidence and agility
Lead with authenticity, empathy, and strategic insight
The Future of Leadership: Head, Heart, and Gut in Harmony
In today’s corporate world, leadership demands both strategic intelligence and emotional depth. The future belongs to those who think with their heads, feel with their hearts, and decide with their guts. Neuroscience-driven coaching empowers leaders to unlock their fullest potential—transforming not just businesses, but lives.
Scofray Nana Yaw Yeboah, PCC FInstCM
Transformational Executive Coach | mBIT Master Coach | mBIT Trainer | President, ICF Ghana Chapter | Lead Consultant, Zoweh Global Consult
📩 Contact: +233 243 085 932 | Email: scofray@gmail.com
🌐 Website: www.coachscofray.com
📱 Socials: LinkedIn, Facebook, YouTube, Instagram, TikTok, Twitter – @Scofray
Banking and Finance
Bank of Ghana Warns Against Unlicensed Money Transfer Firms

The Bank of Ghana (BoG) has issued a public warning about the operations of several Money Transfer Organisations (MTOs) that are conducting business in Ghana’s remittance and foreign exchange markets without the required authorization.
In a statement released on Friday, June 27, the central bank disclosed that it had identified multiple entities operating in violation of existing financial regulations. The BoG cautioned individuals, commercial banks, Dedicated Electronic Money Issuers (DEMIs), and Enhanced Payment Service Providers (EPSPs) to avoid transacting with these unlicensed organisations.
The unauthorised MTOs listed by the BoG include:
1. ACE Money Transfer
2. Remit Union
3. Remit Home
4. Roze Remit
5. Monty Global
6. Nairagram
7. i-Transfer
8. Hurupay
9. Eversend
10. Izi Send
Citing Section 3.1 of the Foreign Exchange Act, 2006 (Act 723), the BoG emphasized that no individual or entity may deal in foreign exchange without a valid license. Additionally, Section 15.3 of the Act mandates that all international money transfers to and from Ghana must be processed through a licensed and authorised service provider.
The central bank reaffirmed its dedication to maintaining the integrity of Ghana’s financial system and urged the public to conduct all foreign exchange and remittance transactions exclusively through licensed institutions.
The full statement from the Bank of Ghana can be found below.
Banking and Finance
Treasury Misses Target for Fourth Consecutive Week as Investors Favour Bank of Ghana Bills

The government failed to hit its treasury bills target for the fourth straight week, according to auction results from the Bank of Ghana. The Treasury raised GH¢3.379 billion, falling short of its GH¢4.551 billion target by approximately 24%, and ultimately accepted GH¢2.952 billion.
Analysts attribute this shortfall to investor preference for Bank of Ghana bills, which offer a lucrative rate of 27% — well above the inflation rate of 18.4%.
Demand was driven mainly by the 91-day treasury bill, with investors submitting GH¢62.418 billion, accounting for 71.55% of total bids. The Treasury accepted GH¢2.191 billion of these.
Meanwhile, the 182-day treasury bill attracted GH¢716.29 million, of which GH¢603.74 million was accepted. The 364-day bill received GH¢236 million in bids, with GH¢157.76 million accepted.
Despite the weak demand, interest rates on the short end of the yield curve continued to inch lower. The 91-day bill yield fell by one basis point to 14.69%, while the 182-day rate held steady at 15.25%. The 364-day yield slipped slightly to 15.69%, down from 15.74% the previous week.
Business
Telecel Ghana Faces GH¢2M Lawsuit Over Alleged Unauthorized Use of Trader’s Image

Telecel Ghana has acknowledged a GH¢2 million lawsuit filed by Makola Market trader, Faustina Djagbele Abbey, over the alleged unauthorized use of her image in its “Telecel Red Save” campaign.
In a statement issued on Wednesday, the company said it is “aware of media reports” about the claim and is “reviewing the details” to establish the facts. The lawsuit, filed on May 23, 2025, at the High Court, accuses Telecel of using Abbey’s photo across billboards, social media, and traditional advertisements for its digital savings product without her consent. The claim cites Ghana’s Data Protection Act, 2012 (Act 843), as grounds for the suit.
Telecel assured the public it takes privacy, image consent, and intellectual property seriously, stating: “We are currently reviewing the details of this claim to establish the facts. We wish to assure the public that we take matters of privacy, imagery consent and intellectual property seriously.”
Abbey’s lawyers argue the campaign caused their client significant personal distress, with friends and relatives mistaking her for a brand ambassador or suggesting she had financial ties with the telecom giant.
With a market share of 17.2 per cent, Telecel is one of Ghana’s largest telecommunications firms. The case has sparked a wider conversation about digital privacy and image rights within corporate marketing.
The company concluded its statement by thanking the public for its understanding as it works through the matter.
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