Former Asante Kotoko Chief Executive Sylvester Asare Owusu has been installed Bantamahene, a sub-chief in Kumasi.
His stool name is Baffour Owusu Amankwatia VI.
Asare Owusu has succeeded Baffour Asare Owusu Amankwatia V who died in 2015.
he has now been ordered to be confined in a secret location for some days following which he would be outdoored to the public and coronation held for him to swear the oath of allegiance to the Ashanti King.
During the period, he will be taught the history and tradition of the office he is about to occupy.
Sylvester Asare is a business magnate in the Ashanti region and owns a number of businesses including Silvercrest and is regarded as one of the wealthiest men in the Garden City.
He will be remembered for his role in the signing of Charles Taylor from arch-rivals Hearts of Oak.
In 2009, he was handed a five-year ban from all football related activities after being implicated by the Justice Belieb Committee for the overcrowding incident at the Baba Yara Stadium where four died and over 400 fans sustained various degrees of injuries during a league clash against Hearts.