President John Mahama’s government has retained Nana Dwemoh Benneh as CEO of the Ghana Infrastructure Investment Fund (GIIF), extending his tenure despite his 2024 appointment by former President Nana Akufo-Addo.
The decision reflects continuity in key state agencies, with Benneh joining Minerals Commission CEO Martin Ayisi and other Akufo-Addo appointees retained by the current administration.
According to official records, Benneh assumed leadership at GIIF in May 2024 under Section 25(1) of the Ghana Infrastructure Investment Fund Act 2014. The $325 million sovereign fund operates independently of daily government control, financing infrastructure projects through public-private partnerships. Its mandate includes creating ring-fenced sub-funds for affordable housing and strategic non-profit interventions.
The reappointment occurs amid internal NDC debates over retaining opposition-era appointees. GIIF remains central to high-stakes legal disputes, including an ongoing acquisition conflict between Engineers and Planners and Azumah Resources Ltd over a gold mining project.
Analysts view the retention as prioritizing institutional stability over political turnover. GIIF’s governance structure designed to withstand political shifts appears reinforced by Benneh’s continued leadership during Ghana’s infrastructure financing push.