The Deputy Minister for Finance, Hon. Thomas Nyarko-Ampem, has inaugurated a new Governing Board for the Venture Capital Trust Fund (VCTF). The fund was created to fill a gap in Ghana’s financial system and is seen as an important part of national development.
Hon. Nyarko-Ampem called on the board to focus on finding businesses and innovative ideas that can help grow the economy and advance the country. “He noted that the Trust Fund was established to address a critical gap in the country’s financial architecture and remains a strategic investment for national development.” He also said, “He then urged the board to identify the right businesses and innovative ideas that can drive economic growth and help develop the country.”
Dr. Daniel K. Seddoh, who chairs the new board, thanked the government for entrusting them with this responsibility. He said, “Board Chairman, Dr. Daniel K. Seddoh, expressed appreciation to government for the opportunity to serve and pledged that the team will work to fulfil its mandate in line with the Trust Fund’s strategic objectives.”
The new board includes representatives from several sectors: Dr. Daniel K. Seddoh (Chairperson), Mr. Michael Abbey (Administrator of the Trust Fund/Member), Ms. Emmanueler Ewurabena Quaye (Ministry of Finance Representative/Member), Ms. Alimatu Issahak (Ministry of Private Sector Development Representative/Member), Mr. Kisseih Antonio (Ghana Securities Industry Association Representative/Member), Mr. Victor Yaw Asante (Ghana Association of Bankers Representative/Member), Mr. Henry Bukari (Ghana Insurers Association Representative/Member), Ms. Evelyn Mawuse Amesame (Formal Sector Representative/Member), and Nana Okokodurfo Ogyeabo Kwamena Hamma Ababio VII (Informal Sector Representative/Member).