The new leadership of ACI Ghana – Financial Market Association has called on members to uphold the highest ethical standards in their service delivery to rebuild the needed confidence in Ghana’s fixed income market.
Speaking to Joy Business at the handing over ceremony of the association, the newly sworn in president Lawrence Osilaja Boampong explained that, the recent drop in savings and the lack of confidence in the financial market poses a potential risk to the economy.
He therefore called on practitioners to discharge their duties with all the professionalism to ensure confidence is restored in the sector.
“It our responsibility to support government to ensure that confidence is brought back to the market. The terms of pricing and information we put out there as market participants is very critical. There is a lot we must do. “
He further called for a deepened collaboration with stakeholders in the industry to ensure an improved sector.
“We are looking forward to enhanced collaborations with the regulators; Bank of Ghana and Securities Exchange Commission, the Ministry of Finance and other member associations. They have been supportive but we believe that there is a lot more to be done.”
Executive Director, Wholesale and Investment Banking Division at GCB Bank, Sam Aidoo, also charged members of the Ghana financial market to lead the charge in whipping up confidence in the financial markets by encouraging savings.
ACI Financial Markets Association, Ghana, an affiliate of ACI International, is a leading association of regulated financial market professionals.
The group which is committed to educating market participants and deepening collaboration with all relevant stakeholders to improve the sector.
The new executives is headed by Lawrence Osilaja Boampong, head of Fixed Income Sales at GCB Bank. He is supported by Maame Adjoa Thompson; Team lead of Fixed Income Sales at Guaranty Trust Bank and Stephen Biritwum of Fidelity Bank.
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