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Dr. Anane Antwi SEC Board Chair Appointment Push

May 20, 2025

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The recent appointment of Dr. Adu Anane Antwi as the Board Chairman of the Securities and Exchange Commission (SEC) wasn’t simply a matter of course. It was the culmination of a deliberate and sustained effort on his part, reflecting a deep commitment to the institution and a clear vision for its future. As Dr. Antwi revealed in a statement on May 20, 2025, securing this leadership position has been a long-term ambition, fueled by his desire to implement crucial reforms within the SEC and contribute to the stability and growth of Ghana’s financial markets. The appointment as **SEC Board Chair Appointment** highlights the importance of leadership in guiding the future of Ghana’s financial markets.

Dr. Antwi’s journey towards leading the SEC board began several years prior to his eventual appointment. His interest in the role dates back to his retirement as Director General of the SEC in December 2016.

In January 2021, four years after stepping down from his previous role, Dr. Antwi formally expressed his interest in becoming the SEC Board Chair. He reached out to the then Minister for Finance, conveying his desire and availability to serve in this capacity. “In January 2021, after four years of my retirement, when the board was going to be reconstituted, I wrote to then minister for finance expressing my desire and availability to serve as the chair of the SEC board, but I didn’t get any response,” said Dr. Antwi. While this initial attempt didn’t yield immediate results, it underscored his long-term ambition to return to the SEC in a leadership role. Perhaps he felt his experience and knowledge could best be utilized at the helm, guiding the organization through its next phase of development.

Undeterred by the lack of response to his initial expression of interest, Dr. Antwi renewed his efforts in early 2025. On January 30, 2025, he sent a similar letter to the current Minister for Finance, Dr. Ato Forson, reiterating his desire to be considered for the SEC Board Chair position. This proactive approach demonstrated his continued commitment and unwavering belief in his ability to contribute effectively. His persistence paid off when, on May 7, 2025, he received a call from the minister’s office requesting his curriculum vitae, which he promptly submitted, marking a significant step forward in his pursuit of the role.

Dr. Ato Forson, Minister for Finance
Dr. Ato Forson, the current Minister for Finance, played a key role in Dr. Antwi’s appointment.

The culmination of Dr. Antwi’s efforts came on May 16, 2025, when he received an invitation to the Ministry of Finance for the board’s inauguration, scheduled for May 19. This invitation marked the realization of his long-held ambition and the beginning of a new chapter in his career. “I thank God for giving me another opportunity to offer my services to the SEC and the country. I hope to give my best services to the Securities and Exchange Commission as the chair of its board,” he stated, expressing his gratitude and commitment to serving the SEC and the nation.

Dr. Antwi’s motivation for returning to the SEC is rooted in his desire to see through the implementation of key reforms that he initiated during his previous tenure. He aims to build on the foundation he laid with the Securities Industry Act of 2016. “I have desired to get back to the SEC as the board chair to help implement the various reforms I introduced in the Securities Industry Act of 2016 before I retired,” Dr. Antwi explained, highlighting his commitment to completing the work he started. It’s worth noting that Dr. Antwi was deeply involved in the drafting of the Securities Industry Bill as a consultant, even before assuming the role of Director General.

During the inauguration ceremony, Finance Minister Dr. Ato Forson articulated his expectations for the newly reconstituted board, emphasizing the critical role of the SEC in restoring confidence, integrity, and dignity to the financial sector. “The taxpayer cannot continue to be used as a punching bag. The public must no longer bear the burden of regulatory failures,” Dr. Forson stated, underscoring the importance of accountability and investor protection. He charged the new board to act with focus and integrity to protect investors, promote transparency, and uphold accountability. The composition of the reconstituted SEC Board is as follows: Dr. Adu Anane Antwi (Chairman), Dr. James Klutse Avedzi, Mr. Mensah Thompson Emmanuel, Deborah Mawuse Agyemfra, Dr. Zakaria Mumuni, Mr. Louis Kwame Amo, Ms. Maame Samma Peprah, a nominee from the General Legal Council, Edward Kaale-Ewola Dery, William Coffie, Helen Adwoa Ntoso, MP, and Dr. Adu Anane Antwi.

Dr. Adu Anane Antwi’s journey to the **SEC Board Chair Appointment** reflects his deep-seated commitment to the Securities and Exchange Commission and the broader financial sector. His proactive approach and clear vision for reform suggest a potentially transformative period for the SEC. His dedication to the role and his commitment to implementing key reforms signal a renewed focus on protecting investors and ensuring market integrity within Ghana’s financial landscape.

Image Source: MYJOYONLINE

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