The Securities and Exchange Commission (SEC) has confirmed Zenith Bank Ghana Limited’s request to voluntary withdraw as trustee from the Ghanaian Securities market.
Confirming the move in a statement dated Tuesday, January 18, 2023, the commission said: “The SEC is hereby issuing this Public Notice to clarify that, as stated in the Public Notice referenced above, Zenith Bank Ghana Limited voluntarily requested to cease operations as a Trustee.”
Although Zenith Bank Ghana Limited voluntarily ceased its Trustee services for Unit Trust Schemes in 2022, the Bank continues to hold a Custodian license issued by the SEC under the Securities Industry Act, 2016 (Act 929) and remains an active operator in the Ghanaian Securities market and banking industry” the statement said.
Source: thebftonline
