The Fund anchors its governance structure on the principles of openness and transparency, accountability, sustainability, efficiency and effectiveness, ethical conduct, the rule of law innovation, and the openness to change.
Parliament
The Parliament of the Republic of Ghana enacted the legislation that created the Minerals Income Investment Fund. Parliament has laid down the formal framework for MIIF in the MINERALS INCOME INVESTMENT FUND ACT, 2018 (ACT 978).
Ministry of Finance
The Ministry of Finance is the supervising Ministry, representing the interest of the government of Ghana. The Ministry has the overall responsibility for the fund’s management and has issued guidelines for its management.
MIIF Board
The Governing Board, consists of a team of highly diverse professionals with deep relevant industry experience. The Board oversees the sound, effective and efficient organisation of the Fund.
The core work of the Board is to:
• Ensure that the Fund performs its functions and conduct its affairs in accordance with sound investment and financial standard and practice and the investment policy of the Fund;
• Ensure accountability of the Fund by defining appropriate procedures for its management; and
• Perform any function that is incidental to the achievement of the object of the Fund.
Investment Advisory Committee (IAC)
The governing Act of the Fund prescribes the formation of an advisory committee to guide the Board with investment decisions, by providing insights, research, rigor and robust assessments of each investment opportunity. The MIIF IAC is a committee of industry giants, including current and former CEOs.
MIIF CEO, Deputy CEO & Senior Management
The MIIF Management team is responsible for the day to day management of the fund with the mission of safeguarding and building financial wealth for Ghanaians now and into the future. The management team comprises of a group of highly-skilled, professional leaders in each of the key areas of the organisation