The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated a newly constituted Board of Trustees for the Social Security and National Insurance Trust (SSNIT), with a firm directive to prioritize prudent investment, ethical leadership, and transparent management of the nation’s pension funds.
Speaking at the official swearing-in ceremony held in Accra, Dr. Forson underscored the critical role SSNIT plays in safeguarding the financial future of Ghana’s workforce.
“SSNIT is not just another institution—it is a lifeline we will all depend on someday. Your work here affects every Ghanaian who contributes to the scheme,” he told the new board members.
Highlighting growing public concern over past financial decisions, the Minister openly questioned the viability of some of SSNIT’s previous investments.
He urged the new board to adopt a more strategic and responsible investment approach, one that ensures long-term sustainability and public trust.
In a pointed remark on asset management, Dr. Forson cautioned against any attempt to offload public assets to individuals with political affiliations. “Let me be clear,” he said.
“Do not sell state assets to politicians. The President will not tolerate it, and I, as your supervising minister, will be the first to raise objections.”
Reiterating government’s commitment to the pension scheme, Dr. Forson assured the trustees that all statutory payments due SSNIT had been settled.
He pledged the Ministry’s continued collaboration to ensure the Fund’s stability and to protect the interests of contributors.
The newly appointed Chairman of the SSNIT Board, Nana Ansah Sasraku III, expressed appreciation for the confidence reposed in them and pledged the Board’s readiness to uphold the highest standards of governance.
“We accept this responsibility with a deep sense of duty. The Board is committed to ensuring that the Trust is managed with foresight, discipline, and transparency,” he affirmed.
The new Board is expected to steer SSNIT through a crucial phase of reform, aimed at enhancing the efficiency and sustainability of Ghana’s social security system.
Members of the SSNIT Board of Trustees:
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
11. Dr. Frank A. Odoom – Member
12. Ms. Gifty Adishetu Mahama Biyira – Member
