Appointments Asa B is the new boss of the Security & Exchange Commission

The president of Ghana Nana Akuffo Addo has named Stephen Asamoah-Boateng as the new CEO of SEC

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Stephen Asamoah-Boateng has been appointed as the Chief Executive of the State Enterprises Commission (SEC).

He takes over from Dr Camynt Baezie.

According to the Daily Graphic Dr Baizie was asked to proceed on leave from last Monday, April 24, 2017.

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The SEC is charged with the sole responsibility of getting all state-owned enterprises (SoEs) to sign annual performance contracts.

The primary Mission of the Ghana Securities and Exchange Commission (SEC) is to protect investors and maintain the integrity of the securities market.

The sources said the Akufo-Addo government was not only interested in the signing of performance contracts by the SoEs but that the new boss would be charged with the responsibility of holding the chief executives of all SoEs to deliver on their contracts.

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They said it was the inability of the SEC to hold SoEs to account for their stewardships that had accounted for the declining fortunes of otherwise profitable state-owned organisations in the countr