Millison Narh appointed Board Chairman of Central Securities Depository

Information available to thebftonline.com is that the Central Securities Depository (GH) Ltd (CSD) has appointed Millison K. Narh as Chairman of its Board of Directors.?

Mr Narh, the First Deputy Governor of the Bank of Ghana, takes over from Dr. Henry Kofi Wampah, who was the first Board Chairman of the Depository, until his resignation in March 2016.

As the board Chairman, the first Deputy Governor of the central bank is expected to use his new role to ensure that the staff and management of the depository work together for the sustainable growth of the Ghana’s securities market.

The CSD which is an offshot of the Bank of Ghana is the creation of a strategic partnership between the BoG and the Ghana Stock Exchange in 2014, which led to the merger of the two depositories that were handling debt and equity instruments respectively.

Following the merger, the CSD has set out to become a leading global provider of efficient and reliable post-trade services by playing a pivotal role in the financial market in Ghana.

It does this by providing secured and efficient post-trading services that meet international best practice, driving forward development in the market through collaborative and open dialogue with financial market participants and stakeholders and being a well-run, professional and profitable organisation. It also aims to become a thought-leader in the securities market in the subregion and the continent at large.

Mr Narh is a Chartered Accountant by profession and a member of the Institute of Chartered Accountants (ICA), Ghana. He holds a Master’s Degree in Banking and Finance (Finafrica Foundation, Milan, Italy), and a?B.com?(Hons) from the University of Cape Coast.?

He has considerable experience in Central Banking, with more than 37 years at the Bank of Ghana (BoG). He brings on Board his worth of experience in corporate governance.