SSHFC registers sound performance, gains staff bonus under National SOE evaluation

The performance is attributed to continued leadership under Managing Director Saloum Malang, working in collaboration with the Board of Directors led by Chairman Oreme Joiner. Over the review period, SSHFC demonstrated notable financial expansion. The Corporation’s total income rose sharply from approximately D401.6 million in 2023 to D1.042 billion in 2025. In parallel, its total asset base expanded from D8.54 billion to D10.99 billion, reflecting continued institutional strengthening and improved financial resilience. Members’ funds also recorded steady upward growth, increasing from D8.33 billion in 2023 to D10.11 billion in 2025, reinforcing the Corporation’s capacity to safeguard and grow contributors’ long-term benefits. The Corporation further enhanced returns to members, with interest declared reaching D246.5 million in 2025. Operational performance also improved, particularly in contribution inflows and mortgage repayment collections, both of which recorded stronger results compared to previous years. In addition to financial gains, SSHFC maintained strong compliance with governance and reporting requirements, including timely submission of financial statements and the achievement of clean audit opinions across its accounts. Management expressed appreciation to the Government of The Gambia, the Board, staff, contributors, employers, pensioners, and partners for their continued confidence and support, which they say have been instrumental in the Corporation’s progress. SSHFC reaffirmed its commitment to sustaining this positive trajectory by further improving efficiency, strengthening service delivery, and enhancing value for all stakeholders.

SSHFC registers sound performance, gains staff bonus under National SOE evaluation

The performance is attributed to continued leadership under Managing Director Saloum Malang, working in collaboration with the Board of Directors led by Chairman Oreme Joiner.

Over the review period, SSHFC demonstrated notable financial expansion. The Corporation’s total income rose sharply from approximately D401.6 million in 2023 to D1.042 billion in 2025. In parallel, its total asset base expanded from D8.54 billion to D10.99 billion, reflecting continued institutional strengthening and improved financial resilience.

Members’ funds also recorded steady upward growth, increasing from D8.33 billion in 2023 to D10.11 billion in 2025, reinforcing the Corporation’s capacity to safeguard and grow contributors’ long-term benefits.

The Corporation further enhanced returns to members, with interest declared reaching D246.5 million in 2025. Operational performance also improved, particularly in contribution inflows and mortgage repayment collections, both of which recorded stronger results compared to previous years.

In addition to financial gains, SSHFC maintained strong compliance with governance and reporting requirements, including timely submission of financial statements and the achievement of clean audit opinions across its accounts.

Management expressed appreciation to the Government of The Gambia, the Board, staff, contributors, employers, pensioners, and partners for their continued confidence and support, which they say have been instrumental in the Corporation’s progress.

SSHFC reaffirmed its commitment to sustaining this positive trajectory by further improving efficiency, strengthening service delivery, and enhancing value for all stakeholders.