Ghana: John Mbroh appointed new CEO of NPRA

The President, Nana Addo-Dankwa Akufo-Addo has appointed John Kwaning Mbroh as the Chief Executive Officer (CEO) of the National Pensions Regulatory Authority (NPRA).

Mr. Mbroh will assume the position starting February 1, 2024, succeeding Mr. Hayford Atta Krufi, who is retiring after serving in the role since 2017.

“Mr. Mbroh, a management member of the NPRA and currently the Director of Standards and Compliance at the Authority for the past six years, has taken charge of the core mandate under Section 7 of Act 766 of 2008 and has significantly enhanced the Authority’s regulation of the 3-tier pension schemes, schemes’ trustees, and service providers”, a statement from the NPRA said.

Mr. Mbroh, with expertise in pension systems and administration, has been the Coordinator of the Authority’s Risk-Based Supervision System (RBSS) deployment. This initiative aims to transition the Authority from a compliance-based to a risk-based approach. Mr. Mbroh has played a key role in developing the business processes manual, the RBSS framework manual, and completing a transitional RBS model.

The new CEO has attended several local and international conferences on pensions and has represented the Authority at the technical committee levels of the International Organisation of Pension Supervisors (IOPS), the OECD Working Party on Private Pensions, the International Social Security Association (ISSA) and Ghana’s Financial Stability Council (FSC).

Assuming the role of CEO at the NPRA, Mr. Mbroh brings extensive experience, having undergone specialized training in various areas such as Risk-Based Supervision of pension funds, pension system design, managing pensions in developing economies, alternative investments, responsible investing, Financial Technology, pension inclusion, social protection systems, retirement planning, leadership, corporate governance, and more.

Until 2018 when he joined the NPRA, he worked as a Lecturer and rose through the ranks to become a Senior Lecturer, Head of the Department of Accountancy Studies and Director of the Business Advisory Directorate of the Cape Coast Technical University between January 2006 and December 2017.

During his tenure, he instructed first-year post-graduate Accounting and Finance, as well as final-year Corporate Finance, at the Kwame Nkrumah University of Science and Technology, Institute of Distance Learning. Between the academic years 2013 and 2015, he supervised 15 postgraduate dissertations.

Mr. Mbroh has co-authored a book on financial management, contributed to numerous articles, and is recognized for hundreds of citations in the fields of accounting, funding, and financial management practices of SMEs in Ghana.