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General News | Feb 2, 2005

Nana Wereko Ampem Appointed Member Emeritus

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The United Nations has appointed Nana Wereko Ampem II as Member Emeritus of the United Nations Investment Committee.

This followed the decision of Nana Ampem, also known in private life as Mr. Emmanuel Noi Omaboe to retire from the committee.

In a citation signed by the Secretary-General, Mr Kofi A. Annan, the UN expressed its thanks to Nana Ampem who is also the Amanokromhene and Gyasehene of Akuapem for the dedicated service which he had rendered over many years as a member of the United Nations Investments Committee.

“Mr. Omaboe first joined the United Nations Investments Committee in 1980 and has served continuously since then. He has been Chairman of the Committee since 1997. During the course of Mr. Omaboe's service, the assets of the United Nations Joint Staff Pension Fund rose from approximately US $2.1 billion to over US $ 26.5 billion, with an increasingly global diversification of its portfolio,” it said.

The citation concluded by saying that “for Mr. Omaboe's guidance in the field of investments, his deep concern for those with whom he has worked, and his unceasing efforts on behalf of the thousands of participants and beneficiaries of the United Nations Joint Staff Pension Fund, I express my sincere appreciation.”

A letter from the Under Secretary-General for Management and addressed to Nana Ampem said “you have provided invaluable advice and guidance to the fund, and have shown dedication and concern at all times in protecting and enhancing the fund's assets. Your leadership, wise counsel and valued experience will be greatly missed.”

It said the Secretary-General has decided to appoint him as Member Emeritus in honour of “your invaluable service as the Chairman of the Investments Committee that we have had the privilege to enjoy for so many years.”

The letter described his guidance as the Chairman of the Investments Committee as invaluable saying that “we will miss your presence at the meetings and wish you long and healthy retirement.”

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