President John Dramani Mahama has officially sworn in the Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Kwasi Asiama, and the First Deputy Governor, Dr. Zakaria Mumuni.
The ceremony took place at the Jubilee House on February 25, 2025, following their nomination and subsequent approval by the Council of State.
Delivering his remarks at the ceremony, President Mahama emphasized the importance of their appointments in regulating the local currency, shaping monetary policy, overseeing financial regulations, and ensuring economic stability.
“Ghana’s financial sector is in crisis, and the task ahead demands experience, foresight, and decisive leadership. With Dr. Asiama heading the Bank of Ghana, I am confident that we will rebuild trust in the institution, restore stability, and put our economy back on the path of sustained growth,” President Mahama stated.
“I entrust him with this responsibility, knowing that he will serve with diligence and excellence,” he added.
President Mahama also assured that the Bank of Ghana will remain an independent institution, operating within its mandate without political interference.
“As President, I am committed to ensuring that the Bank of Ghana operates free from political interference, guided solely by its mandate. This is the path to building a resilient economy, one where policies are driven by discipline, foresight, and the best interests of the Ghanaian people.”
“One thing is for sure; I’m not going to ask you [Bank of Ghana] to print more money,” the President said, drawing cheers from the gathering.
In addition to Dr. Asiama, Dr. Zakari Mumuni has been sworn in as the First Deputy Governor of the Bank of Ghana.
He will support Dr. Asiama in formulating and executing monetary policies, overseeing financial regulations, and ensuring the soundness of the banking sector.
MA
