Millison Narh chairs CSD board

The Central Securities Depository (GH) Ltd (CSD) has appointed Mr Millison K. Narh as Chairman of its Board of Directors.

Mr Narh, the First Deputy Governor of the Bank of Ghana, takes over from Dr Henry Kofi Wampah, who was the first Board Chairman of the Depository, until his resignation in March 2016, a release from CSD said.

Mr Narh is a Chartered Accountant by profession and a member of the Institute of Chartered Accountants (ICA), Ghana. 

He holds a Master’s Degree in Banking and Finance (Finafrica Foundation, Milan, Italy), and a B.Com (Hons) from the University of Cape Coast. 

He has considerable experience in Central Banking, with more than 37 years at the Bank of Ghana (BoG). He brings on board his worth of experience in corporate governance.

The Depository is the creation of a strategic partnership between the BoG and the Ghana Stock Exchange in 2014, which led to the merger of the two depositories that were handling debt and equity instruments, respectively.

Following the merger, the CSD has set out to become a leading global provider of efficient and reliable post-trade services by playing a pivotal role in the financial market in Ghana.

It also aims to become a thought-leader in the securities market in the subregion, and the continent at large.

As the Chairman of the board, Mr Narh is thus expected to use his new role to ensure that the staff and management of the depository work together to achieve these and more for the sustainable growth of the Ghana’s securities market.