Ghana To Host Sovereign Fund & Investment Forum

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Mr. Laud Senanu-CEO, NPRA
Mr. Laud Senanu-CEO, NPRA
Mr. Laud Senanu-CEO, NPRA
Mr. Laud Senanu-CEO, NPRA

The Ghana Pension and Sovereign Fund & Investment Forum set to kick off from the 5th -6th June, 2014 in Accra has been endorsed by the National Pensions Regulatory Authority (NPRA). In a statement issued in Accra, the Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Mr. Laud Senanu has called for all key stakeholders to contribute towards building a successful ?brand? of pensions in Ghana. Speaking to the Directors of Africonomie who paid a courtesy call on him, Mr. Senanu lauded Africonomie for organizing such an excellent forum which focuses not only on the factors affecting pension funds investment in Ghana but also creating strategic alliances between players in the local industry and their foreign counterparts.

This potentially creates an avenue for attracting off-shore investments into Ghana. The reforms in the pensions industry which established the current contributory three-tier scheme has brought in its wake renewed interest and a sound outlook to all stakeholders. As usual, financial services entrenched in capital markets are characterized by intangible sentiments driven mainly by confidence in the system. Mr. Senanu has therefore urged all the players in the industry to take this opportunity not only to attend passively but participate in the invite-only investor sessions to potentially create alliances with foreign partners. Mr. Martin Ofori commended the NPRA for supporting the GPSFIF and noted that the Ghana Forum will help the industry to create sustainable vehicles for long term investment and help develop the Investment Banking space, which has become very necessary for the economic transformation in Ghana. Adding to this, Mr. Kojo Yankah stated that the GPSFIF would discuss the value of pension brand positioning for key businesses in Ghana on an international platform.

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