Christopher Boadi-Mensah has been appointed as the Acting Chief Executive Officer (CEO) of the National Pensions Regulatory Authority (NPRA).
His appointment, effective January 23, 2025, was announced by the Office of the President.
The decision was made in accordance with Article 195(1) of Ghana’s Constitution and section 16(1) of the National Pensions Act, 2008 (Act 766).
The appointment is subject to the constitutionally required advice of the governing board of the authority, in consultation with the Public Services Commission.
Christopher Boadi-Mensah takes over the reins of the NPRA at a critical time, as the authority continues to oversee and regulate Ghana’s pension schemes, ensuring compliance and the protection of workers’ retirement funds.
His primary responsibilities are expected to include ensuring compliance with regulatory frameworks, enhancing the governance of pension schemes, and driving policies aimed at safeguarding the retirement savings of workers.
He is also expected to address challenges within the pension sector, such as transparency and the sustainability of pension funds.
The National Pensions Regulatory Authority plays a crucial role in regulating and monitoring pension fund managers, trustees, and schemes across the country.
With Christopher Boadi-Mensah’s appointment, stakeholders and contributors will be looking forward to strengthened oversight and reforms to boost confidence in the sector.
The announcement was also communicated to key stakeholders, including the Vice President, the Chief of Staff, the Minister for Labour, Jobs, and Employment and the Board Chairpersons of both the NPRA and the Public Services Commission.