Monday, July 5, 2010

Meet SSNIT boss

Dr Frank Odoom is the current Director General of the Social Security and National Insurance Trust (SSNIT). Before then he was the Chief Executive Officer of Quality Insurance Company Limited (QIC).

At QIC, Dr Odoom transformed the company into one of the leading Insurance companies in Ghana. At the time of leaving QIC after eight years as its Chief Executive Officer, the company has become a brand to identify within the insurance industry.

Before joining QIC in 2002, Dr Odoom was on the Management team of SSNIT for 13 years and was on the Executive team from 1999 to 2002. During this period, he gained a lot of experience in the workings of Social Security and Retirement Pension Plans.

Dr Odoom attended the University of Cape Coast, where he graduated with a Bachelor of Science Degree in Science Education in 1977 and a Bachelor of Science Honours Degree in Mathematics in 1978.

He also obtained a Master of Science Degree in Mathematics in 1983 and a Doctor of Philosophy Degree in Applied Mathematics from Iowa State University in Ames, USA in 1988.

Finally, he acquired a Master of Science Degree in Actuarial Science, from University of Canada, in 1994.

He has been active in academia, having held adjunct lectureship positions at Drake University in Des Moines, USA and the Des Moines Area Community College, USA, and University of Manitoba, Canada.

He is a member of the Actuarial Society of Ghana of which he is the immediate past-president and a fellow of the Royal Statistical Society of UK.

He has also provided consultancy services in the areas of Retirement Pension Plans and Actuarial valuation of Social Security Programmes in Ghana and abroad.

Dr Odoom has attended, participated and made presentations at several international and local conferences on Insurance and Social Security for Actuaries and Statisticians under the auspices of organizations like the International Social Security Association (ISSA) and other professional associations.

He is one of the leaders in the Baptist International Church, Ghana where he and his wife, Rosemary are committed and involved in so many projects especially in evangelism and the children’s ministry.


His hobbies include playing chess and gardening.



MY VISION


My vision is to inject some aspects of the dynamics that propels the private sector into SSNIT operations. First, operations is going to be my priority, that is registration of member, collection of contributions and prompt payment of benefits.

This is the core business of SSNIT. We will introduce measures to make the operations efficient and effective so that the transition from normal work to retirement is seamless.

Secondly, on our investments, we will reassess all of them and those that are not worth pursuing, we will strategise to exit and those doing well, we will pay more attention to increase our returns.

Also my team will make professionalism, ethics and teamwork a sing-song of the organisation which will be crowned with quality customer service.

1 comment:

  1. As an aspiring Actuarial professional, this is very encouraging to read. We're sure we have the right people at the right positions.

    ReplyDelete