The Board Chairman of the Minerals Income Investment Fund (MIIF), Richard Kwame Asante, has reaffirmed the board's commitment to ensure that the Fund operates strictly within its mandate as established by the governing Act.

This would help position the Fund as a catalyst for national development and positive change.

Speaking at the second MIIF Board/Management Retreat held in Accra he assured management and staff of the Board's readiness to provide essential resources, counselling, and guidance to enable seamless discharge of duties.

Objective

The three-day retreat was designed to deepen the board's understanding of the Fund's operations through comprehensive departmental presentations and stakeholder insights, and reinforce the collaborative relationship between the board and Management.

It featured presentations from some key stakeholders of the Fund who provided valuable insights into their relationships with MIIF, including: State Interest and Governance Authority (SIGA), Public Procurement Authority (PPA), PricewaterhouseCoopers (PwC) and Deloitte.

Financial excellence

Mr Asante commended management for their commitment to professionalism and strict financial adherence. 

"Our financial performance for the first half of 2025 has been encouraging, and we will ensure that we maintain this momentum in our quest to ensure that the good people of Ghana benefit significantly from their mineral resources," he stated referencing the Fund's first-half 2025 financial performance as presented by the Chief Executive Officer (CEO) of the Fund, Justina Nelson, in her presentation on the ‘MIIF journey so far’.

He emphasized that prudence across all operational fronts would be a cornerstone of the Board's approach, adding that “we will be guided by the lessons of the past to chart a more positive path in accordance with the Fund's mandate."

Mr Asante further commended the management team for the progress achieved to date, pledging continued support toward achieving the Fund's mission, and for the organisation of the retreat. 

Mrs Nelson expressed appreciation to the board for their demonstrated commitment and pledge to help chart a positive path for the Fund to achieve its mandate. 

She emphasized that management and staff stood ready to work closely with the board to make a great impact.