Mr Mbroh’s appointment, which takes effect on February 1, 2024, follows Mr Hayford Atta Krufi, who is retiring after holding the job since 2017.
According to a statement issued by the NPRA and signed by the Head of Corporate Affairs, Nana Sifa Twum, Mr Mbroh, an NPRA management member and the Authority’s Director of Standards and Compliance for the past six years, has taken over the core mandate under Section 7 of Act 766 of 2008 and significantly improved the Authority’s regulation of 3-tier pension schemes, trustees, and service providers.
Mr Mbroh was well-versed in pension systems and administration, according to the statement, and he has served as the Coordinator of the Authority’s Risk-Based Supervision System (RBSS) deployment, which aims to strategically transition the Authority from a compliance-based to a risk-based approach by developing the underlying business processes manual, the RBSS framework manual, and completing a transitional RBS model.
“Mr Mbroh takes over as the CEO of the NPRA with extensive experience, having benefitted from several specialised training sessions in the areas of Risk-Based Supervision of pension funds, design of pension systems, managing pensions in developing economies, alternative investments, responsible investing, Financial Technology and pension inclusion, social protection systems, retirement planning, leadership, corporate governance, among others,” it said.
According to the statement, he worked as a Lecturer at Cape Coast Technical University from January 2006 to December 2017 before joining the NPRA as a Senior Lecturer, Head of the Department of Accountancy Studies, and Director of the Business Advisory Directorate.
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