The Ghana Stock Exchange (GSE) celebrated various stakeholders at its 30th anniversary awards party and dinner, which was postponed due to COVID-19 last year. Long-time staff and various stakeholders who have contributed in various ways to the growth and development of the Exchange have received several awards.
The award ceremony was honored by Minister of Finance Ken Ofori-Atta and brought together many players from the capital market and financial sector space, the Securities and Exchange Commission (SEC), CEOs of listed companies and certified trading members, current and former Captains of Industry, Council and Staff of GSE.
The theme of the ceremony was “30 Years of Ghana Stock Exchange in Ghana: Perspectives for the Next Decade”. The theme aimed to highlight the history of the Stock Exchange with the different milestones, challenges and perspectives for the next 10 years as the capital markets continue to evolve with the introduction of new products, digitization and integration. at the regional level.
There were two broad categories for the awards comprising long-standing GSE stakeholders and staff. The stakeholder awards were divided into three categories, including those that have contributed immensely to the creation and development of the Ghana Fixed Income Market (GFIM), the companies and stock brokers that feature first on the GSE , and special rewards to people whose contributions have helped build capital. Marlet.
Some of the recipients included Ken Ofori-Atta, Minister of Finance; Togbe Afede XIV, founder of the SAS Finance group; Dr Yeboa Amoa, first Managing Director of GSE for their enormous contribution to the development of the capital market during its three decades of history.
Speaking at the event as a special guest, Minister of Finance Honorable Ken Ofori-Atta said: Growth that supports national economic development.
He commended the GSE for recognizing the people and institutions that have supported the growth of the stock exchange and the capital market.
He urged capital market players to work together to support the implementation of the SEC recently launched capital master plan to transform the capital market.
In his remarks, Chief Executive Officer of the Securities and Exchange Commission, Rev. Daniel Ogbarmey Tetteh, said, “GSE needs praise for recognizing active and past players in the industry for their various roles in growing the business. capital market. “
The trading journey began on the Exchange on November 12, 1990 and the Exchange has since evolved into one of Africa’s top performers with its landmark automation program in 2009 and MTN Ghana’s award-winning initial public offering with the innovative use of a “mobile money” platform.
Ghana Stock Exchange Managing Director Mr. Ekow Afedzie said: “The Stock Exchange marked a number of milestones including, but not limited to, the Automated Clearing and Settlement System in 2008; Creation of Ghana’s alternative market for SMEs in 2013; Merger of GSD from GSE and CSD from Bank of Ghana in 2014; and the creation of the Ghanaian fixed income market in 2015, among others.
He added that the ambition of the stock exchange in its three-year strategic plan is to become the preferred platform / leader in providing finance and investment for the public and private sectors; move from a border market to an emerging market and be recognized as the preferred port of entry into the West African foreign exchange market, and become a demutualized entity operating at optimal capacity with an innovative and commercial orientation.