A Non-Executive Director of Databank MFund, Dr Dan Seddoh has called on players in the financial market to be transparent in their dealings with investors to help build back confidence in the sector.
He said it was prudent for the country to develop “a proper” capital market based on trust with “the right thinking people” and not greedy individuals who would take advantage of ignorant people.
Dr Seddoh made the call today at the Graphic Business/ Stanbic Bank breakfast meeting held at the Labadi beach hotel.
Themed: "Domestic Debt Exchange: Lessons and Implication for how you invest", the forum brought together players in the financial market space including the Managing Director of the Ghana Stock Exchange, Abena Amoah, the Director of the Securities and Exchange Commission, Rev Daniel Ogbarmey Tetteh and an Associate Professor at the Department of Economics, University of Ghana, Prof. Ebo Turkson.
The Chartered Accountant and Pensions expert explained that, to restore investor confidence in the capital market players in the sector must lead the way and “behave properly”.
“We are still a developing country and not most of us are educated, and just as when I am sick I go to the hospital and expect the doctor to do the right thing, investors al expect players in the capital market to do the right thing,” he said.