By Ghana News

Copyright ghanamma

Ghana strengthened its financial services sector with 54 accounting professionals earning the prestigious Chartered Global Management Accountant (CGMA) designation, recognized as “the premier management accounting credential, indicating advanced proficiency in finance, operations, strategy and management” according to global standards.

The Chartered Institute of Management Accountants (CIMA) honored the professionals during an awards ceremony held September 20 in Accra, marking another milestone in Ghana’s development of world-class financial expertise. CIMA forms part of AICPA & CIMA, “the most influential body of accountants and finance experts in the world, with 689,000 members, students and engaged professionals globally” advocating for professional excellence.

Tariro Mutizwa, Fellow of the Chartered Institute of Management Accountants (FCMA) and Vice President for Africa, emphasized the strategic importance of these qualifications for Ghana’s economic development. The ceremony represents significant achievement for local professionals who demonstrated exceptional dedication to completing rigorous international standards.

Paul Aninakwah, Associate Chartered Management Accountant (ACMA) and Ghana Country Director, highlighted that earning the CGMA designation positions recipients as commercially astute professionals capable of driving sustainable business performance and long-term value creation across organizations.

The CGMA qualification requires candidates to demonstrate expertise across multiple domains including financial management, strategic planning, risk assessment, and performance measurement. CIMA recently upgraded its “Chartered Global Management Accountant (CGMA) Professional Qualification syllabus, effective 2026” to meet evolving industry demands and technological advancement.

Ghana’s growing pool of internationally certified accountants supports the country’s ambitions to become a regional financial hub while strengthening local capacity for complex business analysis and strategic planning. The designation holders are now equipped to pursue leadership positions across industries including banking, manufacturing, telecommunications, and public sector organizations.

The achievement reflects Ghana’s commitment to professional development and adherence to international best practices in financial management. These professionals join a global network that enables knowledge sharing, career advancement, and access to cutting-edge industry insights from around the world.

CIMA’s presence in Ghana dates back decades, with the organization playing a crucial role in developing local accounting talent through rigorous education standards and continuous professional development requirements. The Institute’s qualification framework ensures that designated professionals maintain current knowledge of evolving business practices and regulatory requirements.

The ceremony coincided with broader initiatives to enhance Ghana’s financial services infrastructure and regulatory framework, positioning the country as an attractive destination for international business operations and investment opportunities across West Africa.

The 54 newly designated professionals represent diverse sectors of Ghana’s economy, bringing enhanced analytical capabilities and strategic thinking to organizations ranging from multinational corporations to local enterprises and government institutions committed to excellence in financial stewardship.

Their achievement demonstrates Ghana’s capacity to produce world-class talent capable of competing effectively in global markets while contributing to sustainable economic development through improved financial management and strategic decision-making processes.