The proactive leadership of the Chief Executive Officer of the Minerals Income Investment Fund (MIIF of the Fund), Mrs Justina Nelson, is beginning to impact positively on the Fund’s performance.
MIIF’s Asset Under Management as of June, this year, ballooned to a staggering US$919.39.
This represents 58.46 per cent increase over the 2024-year end figure of US$580.21 million.
Experts believe that, from the trajectory, the figure is expected to further increase by the same margin by the end of the year.
Mrs Nelson, the first female appointee under the Mahama administration has been credited for the massive transformation she has brought to the Fund, making it one of the most reputable sovereign wealth funds on the African continent.
Insiders say that she has also used her vast experience in management, banking, investment and corporate law to introduce major reforms in the setup of the Fund.
They also noted that, through Mrs Nelson’s instrumentality, the Fund has been able to attract corporate institutions to support in executing its Corporate Social Responsibility (CSR) initiatives to reach a wider number of people.
They mentioned the MIIF Women from Mining Communities (WoMCom) Scholarship Scheme which rewards needy but brilliant students undertaking courses in Science, Technology, Engineering and Mathematics (STEM).
Mrs Nelson is on record to have indicated that “as a woman, WoMCom is on my heart not because I am a woman but because I believe in encouraging more women to be in the mining field. It is too male dominated, and I trust that with a lot of help, we will be able, as a country, to turn the situation around.”
Mrs Justina Nelson, the first woman to lead the institution since its inception she is on course to RESET the Fund in line with the ambitions of President John Dramani Mahama who was massively voted into power to lead the country out of its economic woes.
A purposeful CEO, Mrs Nelson is said to be combining her strong operational, legal, and strategic expertise to drive institutional growth and efficiency.
Her leadership is anchored on innovation, transparency, and sustainable development,values that align with MIIF’s mandate to manage and invest Ghana’s mineral income to maximize national value creation under the Minerals Income Investment Fund Act, 2018 (Act 978) as amended.