Chris Boadi-Mensah advocates strong corporate governance for listed firms
Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Chris Boadi-Mensah, has urged listed companies to uphold high standards of corporate governance to maintain investor confidence and attract long-term institutional capital.
Addressing guests at the listing ceremony of Kasapreko PLC, Mr. Boadi-Mensah said companies that choose to list on the stock exchange must recognise the responsibility that comes with public ownership.
“By listing on the Ghana Stock Exchange, you have chosen accountability,” he stated.
He noted that pension funds and other institutional investors are more likely to invest in companies that prioritise transparency, timely disclosures and sound management practices.
According to him, successful public listings require founders and existing shareholders to embrace broad-based ownership and provide sufficient market liquidity for investors.
Mr. Boadi-Mensah further stressed that long-term value creation should remain the focus of management teams instead of short-term gains.
He urged the management of Kasapreko PLC to honour the trust placed in them by investors, including Ghanaian workers whose retirement savings may be invested in the company through pension funds.