Chief Executive Officer
Mr. Joseph Oko Abumah Lartey is the Chief Executive Officer of the Central Securities Depository (GH) LTD, a role he assumed in October 2023. Mr. Lartey has over 25 years of experience in the Financial Services Industry with a strong focus on information technology.
Before he was appointed the Chief Executive Officer of the CSD, he was an Assistant Director at the Bank of Ghana and the Head of Information Technology (IT) Operations of the Bank. Mr. Lartey has played vital roles in significant projects designed to shape the growth of Ghana’s financial industry ecosystem by the Bank of Ghana. Some of the latest projects participated in by Mr. Lartey include the ongoing SWIFT/RTGS Migration from ISO15022 to ISO20022 Messaging Standard, the Online Regulatory Analytics and Supervisory System (ORASS), and the Centralized Foreign Exchange Bureau Management System for the country.
Mr. Lartey was a core team member responsible for implementing the Central Securities Depository (CSD) project at the Bank of Ghana in 2004. Also, he was a team member who worked with the Parliamentary Sub-Committee on Finance to review and bring into being the Central Securities Depository Act 2007 (Act 733). He worked on debt instruments from his early days in the Bank, seeing its transition from the hand-written certificated form to the present electronic book entry form. He has undertaken study visits to nineteen (19) Securities Depositories and Exchanges worldwide, including STRATE in South Africa and NSDL of India.
The Bank previously seconded Mr. Lartey to serve as the first Head of the IT Department of the CSD (GH) LTD when finally, the CSD became a fully-fledged company in 2010 until 2013, when he was called back to the Bank. He has since continued to offer technical assistance to the CSD on several projects. He led the implementation of CSD’s Information Security Management System (ISO/IEC27001) and Business Continuity Management System (ISO/IEC22301). Also, he played an instrumental role in various projects at the CSD, including the Securities Depository Project and the Automated Trading System (ATS) project at the Ghana Stock Exchange. He was part of the team that facilitated the merger of the Bank of Ghana CSD and the GSE CSD into the current CSD in 2013.
Mr. Lartey is an IT specialist with a rich educational background in IT and Finance, and an alumnus of reputable institutions in the UK and Ghana. He holds a double Master, MSc. in Business Information Technologies from the University of Manchester, United Kingdom, and an MBA in Finance from the University of Ghana. He obtained his first-degree B.Sc. in Computer Science from the Kwame Nkrumah University of Science and Technology, Ghana. He also has qualifying certifications in ISO/IEC 27001 Lead Implementer/Leader Auditor and ISO/IEC 22301 Lead Implementer.
Deputy Chief Executive Officer
Mrs. Melvina Amoafo is the Deputy Chief Executive Officer of the Depository. She holds an Executive MBA from the Ghana Institute of Management and Public Administration (GIMPA) and a B.A. (Hons) in Economics and Geography, University of Ghana, Legon. She joined the Ghana Stock Exchange since its inception and held various managerial positions in various Departments including Listings, Marketing and Administration. She also held the position as Company Secretary before her appointment as the pioneer Executive Director of the GSE Securities Depository Company Ltd which was set up in 2008 until it was eventually merged with the Central Securities Depository (GH) Ltd. She is a member of the Institute of Directors.
Head of Finance and Administration
Mr. Dornu D. Narnor joined the CSD in 2013 as Head of Finance and Administration. He is a Fellow of Association of Chartered Certified Accountants and a Member of Institute of Chartered Accountants Ghana (FCCA, ICAG). He holds an MBA in Finance and has vast experience in finance. He is responsible for handling the Finance and Accounting functions, Human Resource Management and the General Administration of the Depository.
Head of Operations & Surveillance
Ms. Faustina Coleman-Forson holds an MBA in Finance from The Johns Hopkins University, and is a FINRA registered Financial Advisor Representative. She worked with BB&T Corporation as a wealth Management relationship manager and has tremendous experience in Financial Advisory, and Estate and Trust Administration. Her role is to ensure that the ultimate priorities of the Depository are being achieved through delivery of efficient services in the area of clearing, settlement, and registry services. Also she is responsible for the surveillance activities of the Depository as well as statistics and website content management.
Head of Information Technology
Mr. Ambrose K. Karikari holds an MBA degree with Finance option, BSc. Information and Communication Technology and IT Professional Certifications. He has gained immense professional experience in Business Intelligence Systems & Networks, Information Security & Business Continuity Management systems and IT Service Delivery Management over the years. He worked with Ghana Telecom Ltd, Vodafone Ghana Ltd, and Electronic Data Communication Systems. He is in charge of managing the systems and networks, business continuity management system and IT Service Delivery of the Depository.
Head of Audit
Mr. John Dametey Tanihu joined the CSD in 2016 as an Internal Auditor. He is a Chartered Accountant (CPA,CGA, CA and ACCA) and a Certified Internal Auditor (CIA). He holds a B.Sc. Applied Accounting from Oxford Brookes University, UK and an MBA in Financial Services from University of East London, UK. He has over seventeen years working experience in Ghana and United Kingdom. He is responsible for providing among others an independent and objective assurance on whether the Depository’s risk management, control and governance processes, as designed and approved by the Board and Management are adequate and functioning effectively.
Head of Economic and Risk Analysis Department
Mr. Moses K. Abakah joined the CSD in April 2011 and worked with the Operations Department before taking on his current role in September, 2017. Moses holds B.A (Hons) in Economics, University of Cape Coast and MPhil. Economics, University of Ghana.