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Bank of Ghana Inaugurates New Board of Directors to Enhance Economic Stability

The Bank of Ghana inaugurated a new Board of Directors on March 13, 2025, pledging commitment to financial stability and economic resilience. Governor Dr. Asiama highlighted significant economic challenges and emphasized the Board’s strategic role. The diverse Board comprises experienced professionals, tasked with steering monetary policies and restoring confidence in the bank.

The Bank of Ghana has inaugurated a new Board of Directors, signalling a commitment to enhancing financial stability and economic resilience. The ceremony took place in Accra on March 13, 2025, attended by the Vice President, highlighting the government’s acknowledgment of the central bank’s vital role in the economy.

During the inauguration, Governor Dr. Johnson Asiama addressed critical economic challenges such as macroeconomic instability, inflation, currency volatility, and fiscal limitations. He underscored the need for strategic policy implementation and emphasized the Board’s duty to steer the bank’s policies with accountability and integrity.

Dr. Asiama noted, “This Board, composed of esteemed professionals with vast expertise, is tasked with restoring confidence in the Bank of Ghana, upholding price stability, strengthening our financial position, and reinforcing good governance.” He reiterated that the decisions made by the Board will significantly impact businesses and the wider economy.

Professor Naana Jane Opoku-Agyemang, the Vice President, also made remarks during the ceremony, affirming the expectations set for the Board moving forward. The Governor expressed confidence in the Board members’ capabilities to navigate complex economic challenges.

The new Board of Directors will be instrumental in shaping Ghana’s financial landscape as the country pursues goals of economic stability and sustainable development. The members include a diverse group of professionals with expertise in various fields, ensuring well-rounded guidance for the Bank of Ghana.

Here is the complete list of the newly appointed Board members:
– Dr. Johnson Pandit Kwesi Asiama – Governor (Chairman)
– Dr. Zakari Mumuni – 1st Deputy Governor
– Thomas Nyarko Ampem – Representative from the Ministry of Finance
– Augustine Fritz Gockel – Economist
– Nana Akua Ayivora – Accountant/Audit/Risk/Compliance Expert
– Emma Akua Bulley – Lawyer
– Evelyn Naa Checher Kwatia – Finance Markets/Treasury Specialist
– Dr. Stephen Senyo Sapati – Finance/Audit Expert
– Beatrice Feehi Annangnfio – Lawyer
– Kizzita Mensah – Lawyer
– Joseph W. Asamoah – Fintech Specialist
– Isaac Adongo – Economist

The inauguration of the new Board of Directors at the Bank of Ghana represents a strategic move towards addressing the country’s pressing economic challenges. The Board’s diverse expertise aims to guide the bank’s policy direction, fostering financial stability and effective governance. With heightened expectations from both the government and the public, their work is pivotal for Ghana’s economic future.

Original Source: www.ghanaweb.com

Nina Patel

Nina Patel has over 9 years of experience in editorial journalism, focusing on environment and sustainability. With a background in Environmental Science, she writes compelling pieces that highlight the challenges facing our planet. Her engaging narratives and meticulous research have led her to receive several prestigious awards, making her a trusted voice in environmental reporting within leading news outlets.

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