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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

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    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

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    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

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    GHASALC laments drop on number of digital transactions following e-levy

    Italy’s top producers of agro-tech products explore opportunities in Ghana

    Gov’t to commence talks with IMF for bailout

    Financing agric sector alone not enough to grow it – GIRSAL CEO

    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

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    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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We’re committed to delivering value — Axis Pensions Group

byLawrence Segbefia
July 15, 2020
in Banking And Finance, Top Stories
Chief Executive Officer of Axis Pensions Group, Afriyie Mr Oware

Chief Executive Officer of Axis Pensions Group, Afriyie Mr Oware

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Axis Pensions Group has assured its customers that the firm would continue to deliver value it’s stakeholders in line with its commitment.
The group, which is the second biggest pensions administrator said while the Coronavirus disease was impacting negatively on the wider economy, measures were in place to ensure that the pandemic does not affect the value that the group delivers
The group’s Chief Investment Officer (CIO), Nana Wiafe Boamah, gave the assurance at its 2019 annual general meeting and open forum for shareholders and stakeholders in Accra.
He said the group intended to achieve that by relying on its superior knowledge in investments to deliver optimal returns to clients.
Nana Boamah said that the Group will also adopt a cautious attitude towards investment in the midst of the pandemic.
“We are going to remain very cautious about the general credit environment and therefore we do not plan to add so much to our credit and corporate bond portfolio, ” he told participants.
The virtual event brought together various stakeholders in the Axis Pension ecosystem, including as trustees, scheme members, custodians and representatives of the National Pensions Regulatory Authority (NPRA).
The participants were taken through the 2019 audited accounts, the performance and other related issues of the respective schemes.


The Axis Pensions Group is the second largest private pension administrator in the country.
Mr Boamah said as part of its desire to protect investor funds, the Group had decided to cautions in what it invests in.
He also encouraged “investors to have a long-term mentality. ”
He a compounding of the group’s 5-year annual growth showed that its performance outperformed that of the 364-days Treasury bill in the same period.

New innovations
The Chief Executive Officer of Axis Pensions Group, Afriyie Mr Oware, said due to the pandemic the group had changed its way of operations.
“Covid-19 has disrupted the way we work and operate and the way we engage with others and so, as a business we also need to respond to the changing times, ” he said.
He explained that things that were traditionally done physically had now been virtualised through digital platforms.
“We are a business that take seriously investor education.
“In the past, we meet customers face-to-face at their work places in large or small groups but now we are taking that to digital,” he said.
He noted that due to the digital-savvy nature of the the Group, the pandemic had not affected its relationship with customers.
He said the group was rather using the opportunity to engage in financial literacy education to further help investors to manage their funds well.
“In the past, our focus was to provide our customers with the tools and information needed to better equip them for retirement but now we have introduced a new initiative to serve customers amid the outbreak of the pandemic in a better way.”

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The CEO stated that the company had also setup a financial planning unit to assist customers with financial guidance on how to better manage their funds.
“We are also reviewing our customer journey. We want to shift from physical engagement to digital,” he added.

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