The new Governing Board of the Bank of Ghana was inaugurated by Vice-President Professor Jane Naana Opoku-Agyemang, who emphasized the need for policy alignment with contemporary standards and gender inclusivity. The new Board, consisting of over 40% women, is expected to lead financial sector governance amidst significant economic challenges. Governor Dr. Johnson Pandit Asiama highlighted a commitment to transparency and strategic action in navigating these issues.
The Vice-President of Ghana, Professor Jane Naana Opoku-Agyemang, inaugurated the new Governing Board of the Bank of Ghana, urging members to assess existing policies for alignment with contemporary standards and the government’s social contract. She highlighted the importance of gender diversity, noting that the Board comprises 40% female representation, thereby enhancing inclusivity and global standard compliance.
Prof. Opoku-Agyemang expressed confidence in the Board’s ability to meet expectations through effective governance structures, which are essential for the government’s economic recovery and consolidation efforts. She emphasized that the diverse backgrounds of the Board members, spanning both public and private sectors, equip them with the necessary leadership qualities needed during challenging economic times.
The Vice-President also stated that the performance of the Central Bank significantly impacts the government’s success, linking it to the broader social contract with the people of Ghana. Dr. Johnson Pandit Asiama, the new Governor of the Bank of Ghana, described the inauguration as the start of a new chapter focused on financial stability and sound monetary policies amidst current economic challenges such as inflation and currency volatility.
The inauguration of the new Bank of Ghana Board marks a significant shift aimed at enhancing financial stability and governance in the face of economic challenges. With a diverse and gender-inclusive team, the Board is expected to provide the leadership necessary to align the Bank’s policies with global standards and government objectives. Their success is closely tied to restoring public trust and achieving macroeconomic stability in the country.
Original Source: www.ghanabusinessnews.com
