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President Mahama Appoints New Leadership at Bank of Ghana for Economic Stability

President Mahama appointed Dr. Johnson Asiama as Governor and Dr. Zakari Mumuni as First Deputy Governor of the Bank of Ghana, urging them to restore monetary stability and public trust. The appointments are seen as strategic steps to ensure the central bank operates independently and effectively in addressing the nation’s economic challenges.

President John Dramani Mahama has appointed Dr. Johnson Pandit Kwesi Asiama as the new Governor of the Bank of Ghana (BoG) and Dr. Zakari Mumuni as the First Deputy Governor. At the swearing-in ceremony held in Accra, the President emphasized the importance of restoring monetary stability and rebuilding trust in the central bank. He expressed confidence in both appointees’ ability to navigate the economic challenges facing the country.

During the ceremony, Mahama noted that their appointments were not merely formalities but were indicative of a commitment to the core mandate of the BoG, which includes regulating currency and ensuring economic stability. He underlined the need for the central bank to operate free from political interference and to prioritize the public interest in its decision-making processes.

The President praised Dr. Asiama’s extensive experience, which includes previous service as Second Deputy Governor and qualifications including a PhD in Economics. He acknowledged Dr. Mumuni’s expertise, stating it reflects a rich background in banking and economic policy, and underscored his contributions towards monetary policy formulation at the BoG.

Mahama urged both leaders to remain attuned to the socioeconomic impact of their policies, emphasizing that each statistic represents the well-being of Ghana’s citizens. He believes their knowledge and skill set will be vital in achieving price stability and fostering economic growth.

In response, Dr. Asiama expressed gratitude for the appointment and reaffirmed his commitment to serve the citizens of Ghana. He highlighted goals such as enhancing financial inclusion and stabilizing the macroeconomy to tackle inflation and improve fiscal conditions.

In summary, President Mahama has appointed experienced leaders to key positions at the Bank of Ghana, highlighting their roles in restoring monetary stability and public trust. Both appointees have exceptional credentials and are committed to addressing economic challenges while ensuring the bank operates independently. Their focus will be on developing effective economic policies that promote growth and financial inclusion in Ghana.

Original Source: www.graphic.com.gh

Elias Gonzalez

Elias Gonzalez is a seasoned journalist who has built a reputation over the past 13 years for his deep-dive investigations into corruption and governance. Armed with a Law degree, Elias produces impactful content that often leads to social change. His work has been featured in countless respected publications where his tenacity and ethical reporting have earned him numerous honors in the industry.

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