Central Securities Depository (CSD): Strategic Leader of Secure Securities Settlement Solutions West Africa 2025

Central Securities Depository (GH) Ltd (CSD) serves as the backbone of Ghana’s securities market infrastructure, providing integrated depository, clearing, and settlement services across both debt and equity instruments. Since unifying the country’s equity and fixed-income depositories in 2014, CSD has catalysed market transformation through pioneering reforms and technological modernisation. It remains the only institution in Ghana offering delivery versus payment settlement in Central Bank Funds, significantly mitigating counterparty risk. CSD’s innovative edge is evident in its newly launched next-generation platform, which integrates investor access, auction and IPO processing, SWIFT messaging, and links to key national and regional systems such as the RTGS, Ghana Interbank Payment System, and WACMI. The organisation has consistently demonstrated operational excellence, including navigating the complexities of Ghana’s 2023 Domestic Debt Exchange Programme. Its governance framework, ISO 27001 certification, and commitment to risk management underscore a strategic approach reinforced by strong partnerships with regulators and financial institutions. CSD’s five-year strategic plans, backed by ongoing investment in technology and staff development, support a forward-looking agenda including the establishment of a Security Operations Centre, deployment of a data warehouse, and integration of advanced market services such as collateral management and cross-border settlement. The organisation’s capacity-building initiatives and thought leadership in regulatory reform reflect its commitment to inclusive growth and resilient market development. The Capital Finance International (CFI.co) Judging Panel congratulates Central Securities Depository (CSD) on winning the 2025 award for Strategic Leader of Secure Securities Settlement Solutions (West Africa).