Minister of Finance, Ken Ofori-Atta, has inaugurated the Board of the Securities and Exchange Commission (SEC) at the Ministry of Finance.
The reconstitution of the Board was in line with the Securities Industries Act, 2016 (Act 929) as amended.
Speaking at the inauguration ceremony, the Minister acknowledged the significant progress chalked in the Ghanaian Financial Sector, despite the challenges encountered.
He further noted key achievements attained in the Capital Market over the last few years including the significant growth reached in market capitalization of the GSE; the asset management industry clean up exercise which has helped to restore and rebuild investor confidence in the industry; the removal of Ghana from the Financial Action Task Force (FATF) grey list and the launch of the Capital Market Master Plan this year to provide the blueprint for the development of the Capital Market in Ghana, among others.
He underscored the important role of the SEC in the future of Ghana’s economic transformation and in making it an attractive hub for investors.
The Minister concluded his remarks by thanking members of the reconstituted Board for their commitment and urged them to deliver remarkable results on key initiatives to help transform the Ghanaian Capital Market.
The new SEC Board is chaired by Dr Yeboa Amoa together with three Executive Commissioners, Rev Daniel Ogbarmey Tetteh, Deborah Mawuse Agyemfra and Paul Ababio.
The other Commissioners are Elsie Addo Awadzi, Sampson Akligoh, Jemima Oware, Yaw Acheampong Boafo, Prof. Joe Amoako-Tuffour, Deila Assimeh and Augustine Addo.