The Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Chris Boadi-Mensah, has called on companies listed on the Ghana Stock Exchange (GSE) to uphold the highest standards of corporate governance in order to sustain investor confidence and attract long-term institutional capital.
Speaking at the listing ceremony of Kasapreko PLC on the Ghana Stock Exchange, Mr. Boadi-Mensah said public listing comes with increased responsibility and accountability to shareholders, regulators and the investing public.
He noted that companies seeking to attract pension funds and other institutional investors must demonstrate strong governance structures, transparency and sound management practices.
“By listing on the Ghana Stock Exchange, you have chosen accountability,” he stated.
According to him, institutional investors, particularly pension funds, are increasingly prioritising companies that maintain robust governance frameworks, provide timely disclosures and operate with transparency.
Mr. Boadi-Mensah explained that well-governed companies are better positioned to access long-term capital and deliver sustainable returns to shareholders.
He further stressed the importance of broad-based ownership and adequate market liquidity, noting that successful public listings require founders and existing shareholders to embrace wider participation in ownership while ensuring sufficient shares are available for trading on the market.
The NPRA Chief Executive urged management teams of listed companies to focus on long-term value creation rather than short-term gains, arguing that sustainable growth ultimately benefits both investors and the broader economy.
Addressing the management of Kasapreko PLC, he encouraged the company to maintain high standards of corporate governance and safeguard the confidence reposed in it by investors.
He noted that pension funds, which manage the retirement savings of millions of Ghanaian workers, are increasingly seeking investment opportunities in credible and well-managed listed companies.
Mr. Boadi-Mensah therefore urged the company to honour the trust placed in it by shareholders and prospective institutional investors.
The remarks come as Ghana continues efforts to deepen its capital market and encourage more indigenous companies to access long-term financing through public listings.
Market analysts say stronger corporate governance practices among listed firms are essential for attracting institutional investment, improving market liquidity and enhancing confidence in the country’s capital markets.
Kasapreko PLC’s listing is expected to broaden investment opportunities on the Ghana Stock Exchange while providing the company with access to additional capital to support its growth ambitions.
