The Finance Minister, Ken Ofori Atta, has sworn in new board members of the Securities and Exchange Commission (SEC).

The Minister asked the 11 member board to ensure that it regulates and streamlines development in the capital market.

Speaking after swearing them in, Ofori Atta reiterated that he is committed to ensuring that they get the needed investments in the capital market to improve Ghana’s economy.

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“As finance minister, I am committed to putting in place the needed steps to ensuring that our macroeconomic stability is achieved and this is where the new board chair of the SEC comes in.”

The new SEC board Chairman, Dr Yeboa Amoah said the board will be more interested in covering up on the backlog of initiatives which were unable to be executed due to the non-existence of the board.

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Other members of the board included the first deputy governor of the Bank of Ghana, Dr Johnson P. Asiama, Paul Ababio, Dr Johnson Asiama, Charles Adu Boahen, Mrs Jemima Oware, Prof Kofi Quashigah, Augustine Addo, Dr Joe Amoako Tuffuor, Delia Assimeh and Daniel Ogbarmey.

In a related development, the Vice President of Databank, Daniel Ogbarmey Tetteh has been appointed  as the new Director General of SEC.

He succeeds Dr. Adu Anane-Antwi who retired from the commission in December 2016.