Samiksha Jaiswal (Editor)

Social Security and National Insurance Trust

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Formed
  
1965

Website
  
www.ssnit.org.gh

Number of employees
  
2,200

Jurisdiction
  
Republic of Ghana

Headquarters
  
Koforidua

Founded
  
1965

Social Security and National Insurance Trust citifmonlinecomwpcontentuploads201411ssnit

Agency executives
  
Prof. Joshua Alabi, Chairman Ernest Thompson, General Director

Profiles

The SSNIT, or the Social Security and National Insurance Trust, is an important agency of the government of Ghana. The "job description" of the SSNIT, according to its website, is to administrate the National Pension Scheme. In so doing, the SSNIT owns major amounts of stock in Ghana's principal companies, and is an important part of Ghana's economy.

Stock Portfolio

For example, SSNIT owns:

  • 10% of Accra Brewery Company Limited; [1]
  • 25% of Aluworks; [2]
  • 30% of Ghana Commercial Bank; [3]
  • 20% of HFC Bank; [4] and
  • 20% of SG-SSB (SG Social Security Bank).[5]
  • 40% of West Hills Mall.
  • References

    Social Security and National Insurance Trust Wikipedia