BUSINESS

Mahama Appoints 12-Member BoG Board to Boost Stability

President Mahama Appoints 12-Member Bank of Ghana Board to Strengthen Financial Stability
President Mahama Appoints 12-Member Bank of Ghana Board to Strengthen Financial Stability
Mahama Appoints 12-Member BoG Board to Boost Stability

Twelve notable people have been formally appointed by President John Dramani Mahama to the Bank of Ghana (BoG) governing board. In accordance with Section 8 of the Bank of Ghana Act, 2002 (Act 612), as modified by the Bank of Ghana (Amendment) Act, 2016 (Act 918), and Article 70(1)(d)(iii) of the Constitution, this decision was made after consulting the Council of State.

Ghana’s financial stability and good monetary policy are guaranteed by the newly nominated board members’ extensive backgrounds in finance, economics, law, and governance.

Key Appointments:

  • Dr. Johnson Pandit Kwesi Asiama – Governor (Chairman)
  • Dr. Zakari Mumuni – First Deputy Governor
  • Thomas Nyarko Ampem – Representative from the Ministry of Finance
  • Mr. Augustine Fritz Gockel – Economist
  • Nana Akua Ayivora – Expert in Accounting, Audit, Risk, and Compliance
  • Emma Akua Bulley – Lawyer
  • Evelyn Naa Checher Kwatia – Financial Markets/Treasury Specialist
  • Dr. Stephen Senyo Sapati – Finance and Audit Expert
  • Beatrice Feehi Annangfio – Lawyer
  • Kizzita Mensah – Lawyer
  • Joseph W. Asamoah – FinTech Specialist
  • Isaac Adongo – Economist

It is anticipated that the recently established board will exercise strategic leadership, carry out sensible economic policies, and supervise the efficient supervision of Ghana’s financial industry. Their knowledge will be crucial for controlling inflation, preserving monetary stability, and guaranteeing the long-term expansion of the nation’s financial sector.

The selections are made at a crucial juncture as Ghana continues to face economic difficulties, and the BoG is essential in promoting investor confidence and financial resilience.

Stay updated with the latest economic developments on NWNGH.

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