Minister of Finance, Dr. Cassiel Ato Forson, has cautioned the newly inaugurated Board of Trustees of the Social Security and National Insurance Trust (SSNIT) against yielding to political pressure to sell state assets to politically exposed individuals.
Speaking at the swearing-in ceremony held in Accra on Tuesday, June 3, 2025, Dr. Forson urged the board to prioritise the public interest in all investment decisions and avoid the missteps of the past that have raised concerns over the management of pension funds.
“Please do not sell state assets to politicians,” Dr. Forson stated firmly. “The President will not accept it, and as your sector Minister, I will be the first to oppose it.”
His remarks come amid growing public scrutiny of SSNIT’s investment strategies, including recent attempts to divest shares in key national assets.
The Finance Minister underscored the need for all decisions to be anchored in value for money, transparency, and the long-term interests of pension contributors. He reminded the board of SSNIT’s critical role in safeguarding the retirement security of Ghanaian workers.
“The people of Ghana have entrusted their pension investments into your care,” he said. “Be mindful that you are investing our future, our monies, and our everything.”
Dr. Forson also encouraged the board to diversify SSNIT’s investment portfolio, noting that it was currently “too heavy on real estate” and should look into alternative, profitable sectors.
The newly inaugurated board, chaired by Nana Ansah Sasraku III, pledged to manage the Fund’s resources with integrity, transparency, and long-term vision.
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