The Vice President, Professor Naana Jane Opoku-Agyemang, has tasked the newly inaugurated board of the Bank of Ghana (BoG) to provide exceptional and innovative leadership to restore economic stability and public confidence in the Bank.
“The Bank presently requires dynamic and innovative leadership to deliver the public services it is known for and, ultimately, to restore and enhance public and stakeholder trust,” she said during the board’s inauguration in Accra on Thursday.
The board, consisting of eleven members and led by the Governor of the Bank of Ghana, Dr Johnson Pandit Kwesi Asiama, includes 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, a professional in accounting, auditing, and risk and compliance.
The rest are Emma Akua Bulley, a Lawyer; Evelyn Nana Chercher Kwatia, a Finance and Treasury Expert; Dr Stephen Senyo Sapati, a Finance and Audit Expert; Beatrice Feehi Annangfio, a Lawyer; Kizzita Mensah, a Lawyer; Joseph W. Asamoah, a Fintech Expert; and Isaac Adongo, an Economist.
Speaking at the inauguration, Prof. Opoku-Agyemang noted that the success of the government’s economic agenda hinged on the performance of the Central Bank.
“The President’s social contract with the people of Ghana to reset, rebuild, and restore public trust and macroeconomic stability through sound financial sector governance and economic policies rests on your shoulders as the board, just as it does on the cabinet, the Minister for Finance, and other key stakeholders,” she stated.
She urged the board to review the Bank’s existing policies in order to ensure alignment with leading global practices and the government’s social contract with the people of Ghana.
“I have no doubt that with the right board dynamics and support from the government and other stakeholders, you will provide the necessary governance structures and financial sector leadership to drive the government’s economic reset, rebuild, and consolidation agenda,” Prof. Opoku-Agyemang stated.
The Vice President further indicated the government’s commitment to gender parity, noting that the board included five women, giving it over 40 per cent female representation.
“The composition of the board reflects diversity and inclusion, consistent with global best practices on board diversity and governance,” she added.
Prof. Opoku-Agyemang also expressed confidence in the board’s ability to deliver on its mandate, given the members’ diverse backgrounds and expertise.
“I am convinced that you will bring your individual and collective expertise to the governance of the Bank, ensuring that the President’s economic agenda of resetting the country is achieved,” she stated.
In his remarks, Dr Asiama said the inauguration marked the beginning of a new chapter for the BoG, with a renewed commitment to financial stability, sound monetary policy, and economic resilience.
“We face significant economic challenges macroeconomic instability, rising inflationary pressures, currency volatility, and fiscal constraints—all of which demand urgent and strategic action,” he stressed.
“Our mission is clear: we must restore confidence in the BoG, uphold price stability, strengthen our financial position, and reinforce good governance,” the Governor added. Dr Asiama emphasised that the board’s decisions would shape the future of the Bank and impact businesses, households, and the overall economy.
“The decisions taken here will not only shape the future of the Bank but also impact businesses, households, and the overall economy,” he indicated.
BY KINGSLEY ASARE
