Insurance Regulations, 1990 (LI 1502)
Regulation 5: Qualification of Chief Finance Officers or Accountants for Insurers and Re-Insurers. (1) Every insurer or re-insurer shall have at least one full-time professional chief finance officer or accountant who shall possess the following qualifications (a) A.C.C.A., C.A. (Ghana), A.C.M.A.; or (b) A.C.A. or University Degree with a major in Accounting or Finance; or (c) I.C.S.A. (Institute of Chartered Secretaries and Administrators); or (d) the equivalent of I.C.S.A., together with five years post qualification experience. (2) It shall be the duty of every insurer, re-insurer or intermediary to provide the Commission with a statement in respect of the qualification of its principal officers.