MIIF reaffirms commitment to institutional excellence, regulatory compliance

The Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Mrs. Justina Nelson, has reaffirmed the Fund’s commitment to a proactive approach toward institutional excellence and strict adherence to regulatory frameworks.

She made the remarks when the Board and Management of MIIF paid a courtesy call to the Public Services Commission (PSC) in Accra on Wednesday, September 10, 2025. The visit, led by the Chairman of the MIIF Board, Mr. Richard Kwame Asante, forms part of the Fund’s broader stakeholder engagement strategy.

From left: Ing. Mrs. Mabel Amoako-Atta, Secretary to the Commission; Dr. Stella Agyenim-Boateng, Vice Chairperson of the Commission; Mr. Richard Kwame Asante, Board Chairman, MIIF; Prof. Victor Kwame Agyeman, Chairman of the Commission; Mrs. Justina Nelson, CEO, MIIF; and Dr. Prince Edward Darah, Member of the Commission.

Describing the meeting as a significant step in strengthening institutional relationships, Mrs. Nelson noted that MIIF remains fully committed to operating within Ghana’s public service regulatory ecosystem while maintaining its operational independence as a sovereign mineral’s income investment fund.

“Our proactive engagements are intended to align MIIF’s internal governance frameworks with national standards while optimising returns from Ghana’s mineral wealth,” she stated.

She further explained that the Fund’s leadership is working cohesively to uphold the highest standards of corporate governance and deliver on its national mandate as defined by its amended Act.

The MIIF team (seated right) in discussions with representatives of the Commission

“Our proactive engagements are intended to align MIIF’s internal governance frameworks with national standards while optimising returns from Ghana’s mineral wealth,” she stated.

She further explained that the Fund’s leadership is working cohesively to uphold the highest standards of corporate governance and deliver on its national mandate as defined by its amended Act.

Mr. Richard Kwame Asante (left), Board Chairman, MIIF, engaging with Mrs. Justina Nelson, CEO of the Fund.

Mr. Asante, the Board Chairman, inquired about the specific procedures required for MIIF to align with the Commission’s standards, particularly regarding staffing and institutional structures.

In response, the Chairman of the Public Services Commission, Professor Victor Kwame Agyeman, offered detailed guidance on public service best practices.

He emphasized the need for MIIF to develop a comprehensive scheme of service that both reflects its unique mandate and aligns with public service principles.

He also touched on the Fund’s governance structure, recommending alignment with the public service grading system and constitutional requirements under Article 195 regarding appointments. The PSC outlined the structured interview process for senior management roles, including Category A and B positions, which must be guided by professional qualifications and experience.

The MIIF team engaging in discussions

The Vice Chair of the Commission, Dr. Stella Agyenim-Boateng, invited the MIIF leadership to participate in the annual Corporate Governance Conference for Board Chairs, CEOs, and Directors. She described it as a key platform for knowledge sharing and dialogue on governance within Ghana’s public service institutions.

MIIF Management team members present at the discussion table

Moving Forward

The meeting laid the groundwork for sustained collaboration between MIIF and the PSC. Both institutions expressed mutual commitment to promoting effective governance and strengthening institutional capacity in support of Ghana’s broader development goals.

Ing. Mrs. Mabel Amoako-Atta (3rd from left) Secretary to the Commission, making her submission during the meeting.

The PSC commended MIIF for taking the initiative to seek regulatory alignment and pledged continued support to help the Fund navigate its obligations under public service law while maintaining operational efficiency.