NPRA CEO meets key stakeholders
Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Christopher Boadi-Mensah, convened a key stakeholder engagement on February 9, 2025, to address the future of Ghana’s pension sector. The meeting, held at the NPRA Boardroom, brought together pension managers, fund managers, and custodians for discussions focused on enhancing the sector’s inclusivity, performance, and resilience.
Boadi-Mensah emphasized the need for a pension system that caters to both formal sector employees and the millions of self-employed individuals in the informal sector. He advocated for innovative micro-pension schemes and digital solutions to expand coverage and ensure financial security for all Ghanaians.
Key discussions centered on enhancing pension fund performance, strengthening compliance, and restoring public confidence in the system. The CEO acknowledged the challenges posed by economic fluctuations, including inflation and debt restructuring, and called for stronger governance and transparency in fund management. He stressed the urgency of addressing delays in benefit payments and improving employer compliance, noting that trust in the pension system is crucial for its sustainability.
Industry leaders at the meeting shared insights on regulatory improvements, investment strategies, and policy adjustments needed to secure pension funds against economic uncertainties.
“This is not just about policies; it’s about people’s lives,” the CEO stated, reaffirming the NPRA’s commitment to a collaborative, hands-on approach in policy implementation and regulatory oversight.
He urged all stakeholders to work together in building a pension system that guarantees financial dignity in retirement.
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