Stanlib Ghana has hosted the 2019 Stanlib Dialogues, bringing together leading financial market players in the banking and financial industry to discuss relevant issues and chart a path for growth.
The Dialogues, which was under the theme, ‘Surviving the Storm’ was meant to discuss emerging issues surrounding the banking reforms which was undertaken by the Bank of Ghana in 2017 and 2018, which were intended to clean the sector and create long term positive outcomes for credit creation and growth.
Speaking at the event, Stanlib’s Managing Director, Mr. Emmanuel Alex Yaw Asiedu, explained that the investment industry, the fastest growing segment of the financial services sector, despite the reforms, is however struggling.
He said poor governance and liquidity challenges have dented investor confidence, raising questions as to whether the banking sector reforms have contributed to the storm or whether it had expose an already ailing industry.
“These are the questions the Dialogue seeks to answer by bringing together industry experts to answer the necessary questions and propose the way forward”, he noted.
The Dialogue paraded top industry experts including, Mr. Osei Gyasi, Head of Banking Supervision at the Bank of Ghana, Managing Director of Consolidated Bank Ghana, Mr. Daniel Addo, and Deputy Director General of the Securities and Exchange Commission (SEC), Mr. Paul Ababio among others.
Other industry experts including trustees, investors and financial sector professionals were also in attendance.
Stanlib Ghana is a multi-specialist investment management and advisory firm licensed by SEC and registered with the NPRA. It belongs to a family of Pan-African investment companies active in eight African countries and with business partners in North America, UK, Europe, the Middle East and Asia.
In Ghana, Stanlib manages approximately GHc3 billion in client funds.