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In a significant move towards advancing education and empowering students, Mr. Nuhu Bayorbo Mahama has been appointed as the Chief Executive Officer of the Student Loan Trust Fund (SLTF).

The announcement, conveyed in a letter from the Office of the President, underscores the government's commitment to ensuring accessible and sustainable financial support for tertiary education in Ghana.

Background on the Appointment

Pursuant to Section 13 (1) of the Students Loan Trust Fund Act, 2011 (Act 820), as amended, Mr. Mahama's appointment was officially communicated in a letter dated January 2, 2024. The letter, signed by the Chief of Staff, Mrs. Akosua Frema Osei-Opare, highlighted the President's confidence in Mr. Mahama's ability to lead the SLTF. This appointment is pending receipt of the constitutionally required advice of the governing Board of the Fund, in consultation with the Public Services Commission.

Key Details in the Appointment Letter

The letter, with reference number Of5101/1/24/02, officially designates Mr. Nuhu Bayorbo Mahama as the Acting Chief Executive Officer of the SLTF. The President's decision aligns with the broader vision of fostering educational accessibility and financial support for students pursuing higher education.

Mrs. Akosua Frema Osei-Opare, Chief of Staff at the Office of the President, extended warm congratulations to Mr. Mahama on his appointment. The letter also emphasized the President's confidence in his leadership capabilities and encouraged a response within 14 days to confirm acceptance of the role.

Significance of the Appointment

Mr. Mahama's diverse background, encompassing over a decade of experience in the financial sector, insurance industry, and political leadership, positions him as a strategic choice for steering the SLTF. His proven track record in mobilization, research, and leadership roles, coupled with academic achievements, aligns well with the Fund's mission.

Looking Forward

As Mr. Nuhu Bayorbo Mahama assumes the role of CEO, the educational landscape in Ghana anticipates positive changes under his stewardship. His leadership is expected to contribute to the continued success and impact of the Student Loan Trust Fund, ensuring that financial barriers do not hinder the educational aspirations of Ghanaian students.

The Vice President, the Secretary to the President, the Minister of Education, the Chairperson of the Public Services Commission, and the Chairperson of the Board of Trustees at SLTF were all copied on the appointment letter, reflecting the collaborative efforts involved in the decision-making process.

This appointment marks a new chapter in the SLTF's journey, symbolizing a commitment to educational development and student empowerment under the capable leadership of Mr. Nuhu Bayorbo Mahama.