‘Don’t Sell State Assets to Politicians’ – Ato Forson to SSNIT

Finance Minister, Dr. Cassiel Ato Forson, has inaugurated a new Board of Trustees for the Social Security and National Insurance Trust (SSNIT), with a firm warning against mismanagement and politically driven asset disposals. At a swearing-in ceremony held in Accra, Dr. Forson underscored the critical importance of SSNIT as a national institution, describing it as one that “we will all need one day—when we retire.”

“The people of Ghana have entrusted their future into your hands. You must act in a way that reflects the weight of this responsibility,” the Minister charged. Dr. Forson expressed concern over previous questionable investment decisions by SSNIT and called on the new board to chart a more prudent and transparent path. In a direct and uncompromising tone, he warned:

Please don’t sell state assets to politicians. The President will not accept it, and as your sector Minister, I will be the first to oppose it.”

He further assured the board that the government is current on all payments due to SSNIT and reaffirmed the Finance Ministry’s support in maintaining the solvency and operational integrity of the Fund.

The newly appointed Board Chairman, Nana Ansah Sasraku III, expressed gratitude for the trust placed in the team and pledged a commitment to responsible fund management. We are prepared, united, and committed to ensure that the trust resources are managed with integrity and foresight,” he said.

Members of the SSNIT Board of Trustees:

Nana Ansah Sasraku III – Chairperson

Hon. Thomas Nyarko Ampem, MP – Member

Mr. Kwesi Afreh Biney – Member

Ms. Ama Serwaa Bonsu – Member

Mr. Michael Bozumbil – Member

Dr. Emmanuel Adu-Sarkodee – Member

Mr. Abdul-Moomin Gbana – Member

Ms. Salamatu Braimah Mahama – Member

Mr. Thomas Tanko Musah – Member

Mr. Benjamin Arkaah Otoo – Member

Dr. Frank A. Odoom – Member

Ms. Gifty Adishetu Mahama Biyira – Member

Emmanuel Agyabeng