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Ghana Educational Service Occupational Pension Scheme
The Ghana Educational Service Occupational Pension Scheme was registered in 2016 as a mandatory Tier-2 vehicle for Ghana Education Service staff.
Ghana Educational Service Occupational Pension Scheme
The Ghana Educational Service Occupational Pension Scheme was registered in 2016 as a mandatory Tier-2 vehicle for Ghana Education Service staff. Ghana National Association of Teachers and National Association of Graduate Teachers hold board seats alongside Ministry of Education representatives. The scheme operates separately from the sponsor employer while sharing governance with teacher unions. Assets are deployed into Ghana government securities, municipal debt, Ghana Stock Exchange equities, and early-stage venture exposure. Confirmed holdings include a commitment to Injaro Ghana Venture Capital Fund and an indirect position in Zeepay Ghana Limited. The geographic focus remains Ghana, with no disclosed allocations outside the country. Fund managers Databank Asset Management Services, IC Asset Managers, and InvestCorp Asset Management execute the mandates. The scheme employs 191 staff and maintains its headquarters in the GESOPS Trust Building in Accra. It sponsors the GESOPS Scholarship Scheme for member dependents, established in 2022. November 2025: Sponsored the GESOPS Stakeholders Meeting in Accra covering pension performance and teacher housing support. Board composition integrates union representatives and government appointees, creating a multi-stakeholder governance model distinct from single-sponsor corporate plans. Service providers such as GLICO Pensions Trustee and Petra Trust Company Limited handle administration and independent trusteeship under National Pensions Regulatory Authority rules.
General information
Firm type
Pension Fund
Year founded
2016
Location
Region
Africa
Country
Ghana
City
Accra
Corporate office
GESOPS TRUST BUILDING, 1B Sixth Circular RD, Cantonment, Accra, Ghana
Principals
Chief Mahama Andani
Chairman of the Board of Trustees
Nathaniel Otoo
Chairman of the Board of Trustees
Sector focus
Frequently asked questions
Who runs investment decisions at Ghana Educational Service Occupational Pension Scheme?
Databank Asset Management Services, IC Asset Managers, and InvestCorp Asset Management Limited serve as fund managers. The Board of Trustees, chaired by Chief Mahama Andani, sets overall policy.
Does Ghana Educational Service Occupational Pension Scheme participate in fund commitments or only direct deals?
The scheme holds a limited-partner position in Injaro Ghana Venture Capital Fund and maintains direct holdings in Ghana government securities and Ghana Stock Exchange equities.
What investment stages does Ghana Educational Service Occupational Pension Scheme typically target?
The scheme targets early-stage venture through fund commitments and maintains allocations across public equities and fixed income. It lists early-stage seed and start-up strategies among its focus areas.
Where does the underlying membership come from?
Membership consists of employees of the Ghana Education Service, sponsored by the Ministry of Education and represented by teacher unions including GNAT and NAGRAT.
How is Ghana Educational Service Occupational Pension Scheme related to Ghana Education Service?
Ghana Education Service acts as the plan sponsor and primary employer of members. The scheme remains a separate legal entity regulated by the National Pensions Regulatory Authority.
Does Ghana Educational Service Occupational Pension Scheme maintain philanthropic structures?
The scheme operates the GESOPS Scholarship Scheme, established in 2022, to support educational opportunities for members and their dependents.
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