The Vice President, Professionalfessor Naana Jane Opoku-Agyemang, has tasked the newly inaugurated board of the Financial institution of Ghana (BoG) to offer distinctive and revolutionary management to revive financial stability and public confidence within the Financial institution.
“The Financial institution presently requires dynamic and revolutionary chiefship to ship the general public companies it’s recognized for and, finally, to revive and improve public and stakeholder belief,” she mentioned throughout the board’s inauguration in Accra on Thursday.
The board, consisting of 11 members and led by the Governor of the Financial institution of Ghana, Dr Johnson Pandit Kwesi Asiama, consists of Dr Zakaria Mumuni, the First Deputy Governor; Thomas Nyarko Ampem, who represents the Ministry of Finance; Mr Augustine Fritz Gockel, an economist; and Nana Akua Ayivora, an expert in accounting, auditing, and danger and compliance.
The remainder are Emma Akua Bulley, a Lawyer; Evelyn Nana Chercher Kwatia, a Finance and Treasury Professional; Dr Stephen Senyo Sapati, a Finance and Audit Professional; Beatrice Feehi Annangfio, a Lawyer; Kizzita Mensah, a Lawyer; Joseph W. Asamoah, a Fintech Professional; and Isaac Adongo, an Economist.
Talking on the inauguration, Prof. Opoku-Agyemang famous that the success of the federal government’s financial agenda hinged on the efficiency of the Central Financial institution.
“The President’s social contract with the individuals of Ghana to reset, rebuild, and restore public belief and macroeconomic stability by means of sound monetary sector governance and financial insurance policies rests in your shoulders because the board, simply because it does on the cupboard, the Minister for Finance, and different key stakeholders,” she said.
She urged the board to overview the Financial institution’s present insurance policies as a way to guarantee alignment with main international practices and the federal government’s social contract with the individuals of Ghana.
“I’ve little doubt that with the correct board dynamics and assist from the federal government and different stakeholders, you’ll present the mandatory governance constructions and monetary sector management to drive the federal government’s financial reset, rebuild, and consolidation agenda,” Prof. Opoku-Agyemang said.
The Vice President additional indicated the federal government’s commitment to gender parity, noting that the board included 5 girls, giving it over 40 per cent feminine illustration.
“The composition of the board displays range and inclusion, in keeping with international greatest practices on board range and governance,” she added.
Prof. Opoku-Agyemang additionally expressed confidence within the board’s capability to ship on its mandate, given the members’ diverse backgrounds and experience.
“I’m satisfied that you’ll deliver your particular person and collective experience to the governance of the Financial institution, guaranteeing that the President’s financial agenda of resetting the nation is achieved,” she said.
In his remarks, Dr Asiama mentioned the inauguration marked the start of a brand new chapter for the BoG, with a renewed commitment to monetary stability, sound financial coverage, and financial resilience.
“We face vital economic challenges macroeconomic instability, rising inflationary pressures, forex volatility, and financial constraints—all of which demand pressing and strategic motion,” he harassed.
“Our mission is obvious: we should restore confidence within the BoG, uphold value stability, strengthen our monetary position, and reinforce good governance,” the Governor added. Dr Asiama emphasised that the board’s choices would form the way forward for the Financial institution and impact companies, households, and the general economic system.
“The selections taken right here is not going to solely form the way forward for the Financial institution but in addition influence companies, households, and the general economic system,” he indicated.
BY KINGSLEY ASARE
