Finance Minister, Ken Ofori Atta has inaugurated an 11-member reconstituted board to spearhead the broader plan and objectives of the largest non-bank financial institution in the country, Social Security and the National Insurance (SSNIT).

The Minister administered the oath of Secrecy and the Official oath to the board chairman, Dr. Kwame Addo-Kufour, a former Minister of Defense and brother of former President John Agyekum.

The Board members who were sworn in include, Hon Abena Osei-Asare, Alex Frimpong, Daniel Acheampong, Joshua Ansah, Prince William Ankrah, Mahamadu Assibi Azonko, David Ofori Acheampong, Benjamin Odotei Asumang, Bearice Zakpaa Vib-Sanziri and Dr. John Ofori.

Speaking at the swearing in ceremony held at the Finance Ministry in Accra, Ken Ofori-Atta charged the board to leverage on technology and automation to whip all potential contributors, adding that government is committed honoring their bit to ensure efficient operation of SSNIT.

SSNIT will be subjected to financial scrutiny

The newly sworn in board chairman and Former Defense Minister in the erstwhile Kufuor administration also noted that SSNIT will be subjected to an extensive review by reputable financial assessor to ascertain it performance and structure.

Several challenges which bedeviled SSNIT’s operations listed as irregularities and improper practices, imprudent investment, and other external, sluggish payment of the contribution of government workers will be will be dealt with if the Fund is properly managed, Dr. Addo-Kufour assured.