World Bank, AfDB, KfW, EIB pledge support for reforms at DBG
The Deloitte Audit Report on the Development Bank of Ghana (DBG) has been forwarded to the Attorney General for the necessary legal steps, with the Minister of Finance, Dr Cassiel Ato Forson, warning that individuals whose actions weakened the institution will be held accountable.
Dr Forson gave the assurance after a meeting with key Development Partners — the World Bank, the African Development Bank (AfDB), Germany’s KfW, and the European Investment Bank (EIB).
The meeting deliberated on the audit findings and the future of DBG.
The finance minister stressed that accountability is non-negotiable.
He added that the bank is finalising its corporate and action plans to build a stronger and more sustainable future.
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President John Dramani Mahama, he noted, remains resolute in ensuring that DBG fulfils its mandate of supporting Ghana’s transformation agenda.
By September 29, 2025, a competitively selected Chief Executive Officer will be appointed, and by the end of October, the process of constituting a new Board will be completed.
DBG’s Interim Board Chair, Albert Essien, reaffirmed the bank’s commitment to transparency, accountability, and prudent governance, while the partners welcomed the reforms and pledged support.
SSD/AE
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