Stakeholders urged to work together to improve financial system in Ghana

Head of Audit and Risk Management of Securities and Exchange Commission has called on stakeholders to work together to improve the financial system in the country.

According to Emmanuel Mensah Appiah, the financial sector must invest in people and technology in the right quantities to get the right level of motivation that will improve the financial sector.

Speaking at the opening of the 3rd Banking and Insurance Fair, Mr Appiah stated that many risks come out when there are large numbers of people in the system who are outside the financial sector.

“We need to promote good cooperate governance and ensure that the risks are managed to a very large extent” he stated

He added that the country needs modern technology to improve the banking systems.

“We need investment in people and technology in the right qualities, quantities and mix in other to improve the financial system in the country” he noted.

The 3rd banking and insurance Fair is a two-day event that aims at inculcating and developing the habit of banking, savings, investments and pensions in the youth.

It will also help in extending financial inclusion to the unbanked and insured publics to enable financial players to deepen bonds with existing and new clients.

Banking institutions, insurance companies, SME’s traders, employees, IT practitioners, fund managers and brokers will seize the opportunity to sell their innovative products and services to the right audience using the appropriate platform and mileage