On April 9th, President Nana Addo Dankwa Akufo-Addo named son of Yaw Osafo-Maafo, who is the Senior Presidential Advisor, Kofi Bosompem Osafo-Maafo, as the new Director-General of the Social Security and National Insurance Trust (SSNIT).

Kofi had previously served as Deputy Director-General for seven years.

He succeeds John Ofori-Tenkorang, who was dismissed by President Nana Addo Dankwa Akufo-Addo.

Here is a profile of Kofi Bosompem Osafo-Maafo

With a career spanning 25 years in executive positions within investment management and investment banking, Kofi brings extensive experience, notably spending 22 years in the United Kingdom.

During this period, he held key advisory roles with prominent UK-based global investment management firms, particularly focusing on equity investments in the mining and oil sectors across Global Emerging Markets, Europe, and North America.

As Deputy Director-General, Investment and Development of SSNIT, Ghana's national pension fund, Kofi led the restructuring of the multi-asset class investment portfolio.

Previously, he served as a Senior Investment Manager at Pictet Asset Management, the investment management arm of The Pictet Group, overseeing investments in mining, oil & gas, and material sectors.

Kofi's career began at the Abu Dhabi Investment Authority, followed by roles at Aviva Investors, HSBC Asset Management, Halbis Capital, and F&C Asset Management.

He also held a position as Investment Banker/Director at the investment banking arm of Unicredit Bank in London, with analytical oversight for European Oil Exploration and Production companies.

Furthermore, Kofi has provided consultancy services, evaluating iron ore investment opportunities in West Africa.

Currently, Kofi sits on the Board of CalBank Limited, a leading indigenous bank in Ghana, contributing to its Audit and Risk Management Subcommittees.

He holds a BSc (Hons) in Economics from Queen Mary, University of London, and a MA in International Business and Finance from the University of Reading. Kofi is an Associate Member of the UK Society of Investment Professionals.