Posted: Wednesday 21st August 2013 at 2:51 am

PNIC awards brokerage firms

The Premier Networking Investment Club (PNIC), a business networking and investment club committed to the promotion of investor education, has presented various awards to 13 brokerage investment firms and five individuals at this year’s Ghana Investment Awards (GIA).

The award winners were Ms Sophia Kafui Teye, HFC Investment Limited; Mrs Genevieve Abban, HFC Future Trust Fund; Mr Samuel Oduro Mintah, Equity Focus Company Limited; Ms Shirley Obeng Adu, EDC Investment Limited and Anastacia Catherine Arko of Databank.

The organisations were:  Gold Coast Securities Limited, Databank Brokerage Limited, IFS  Capital, Spendsome Savesome by First Banc Financial Service, ECOBANK-TB Merger, HFC Future Plan Trust, Ghana Oil Company Limited, Uni-Securities Limited, NTHC Limited, SBG Securities Ghana Limited, SIC-FSL Research, Cal Brokers Research and Ecobank Research.

They were presented with plaques, money and citations.

GIA was introduced in  the year 2010, and it aims at recognising excellence in the Ghana investment industry.

Speaking at the ceremony, a deputy minister of Finance and Economic Planning, Mr George Kweku Ricketts Hagan, commended the managers of PNIC for showing concern to investor education and coming out with an innovative idea to honour investors.

“Investor education is very important in the country, as 40 per cent of the economy comes from private organisations and investors which go a long way to contribute to the growth of the nation”.

Mr Ricketts- Hagan said, “We need to transform the economy by using the banking system and the capital market, adding  that “let’s strengthen the financial institutions and improve the image of Ghana through financial services”.

The President of PNIC, Mr Kelvin Abdallah, said PNIC was committed to supporting the efforts of various stakeholders to realise the huge potentials that the capital market brought to the development of the economy.

“It is our dream that the Ghanaian capital market becomes a reliable source of funding for highly profitable institutions, private and public, irrespective of size to allow various investors to share in the profits and success of the many growing companies in Ghana and beyond”, he added.

According to him, individual award winners were given scholarships worth thousands of pounds from ACCA to cover initial registration cost with ACCA and subscription fees for a full year and a discount worth $5,000 for a three-bedroom house.

By Jennifer Ansah/Daily Graphic/Ghana


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