Finance Minister inaugurates SSNIT Board, warns against politically-motivated asset sales

The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated a new Board of Trustees for the Social Security and National Insurance Trust (SSNIT). He emphasized the need for prudence, integrity, and transparency in managing Ghana’s pension funds.

During the ceremony in Accra, Dr. Forson highlighted SSNIT's national importance. He reminded the board that everyone will rely on it when they retire. The people of Ghana have entrusted their future to this board. Their actions must reflect this significant responsibility.

Dr. Forson questioned some past investment decisions made by SSNIT. He urged the new board to create a better path forward. He warned against selling state assets to politically connected individuals. “Please don’t sell state assets to politicians,” he stated firmly.

He assured the Board that the government is current on all payments due to SSNIT. The Ministry will continue supporting efforts to keep the Fund solvent and effective.

Chairman Nana Ansah Sasraku III acknowledged the challenges ahead but expressed readiness to deliver results. “We are prepared, united, and committed,” he said about managing trust resources with integrity.

The members of the newly constituted SSNIT Board of Trustees are:

1. Nana Ansah Sasraku III – Chairperson
2. Hon. Thomas Nyarko Ampem, MP – Member
3. Mr. Kwesi Afreh Biney – Member
4. Ms. Ama Serwaa Bonsu – Member
5. Mr. Michael Bozumbil – Member
6. Dr. Emmanuel Adu-Sarkodee – Member
7. Mr. Abdul-Moomin Gbana – Member
8. Ms. Salamatu Braimah Mahama – Member
9. Mr. Thomas Tanko Musah – Member
10. Mr. Benjamin Arkaah Otoo – Member