The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated two key boards in Ghana’s financial governance landscape—tasking them with upholding integrity, safeguarding public funds, and combating financial crimes.
In Accra on Monday, July 14, Dr. Forson officially inaugurated a seven-member Board for the Financial Intelligence Centre (FIC). The FIC, Ghana’s primary agency for detecting and preventing money laundering, terrorism financing, and related financial crimes, plays a vital role in protecting the integrity of the nation’s financial system.
Addressing the new board, the Minister stressed the urgency of strengthening Ghana’s anti-financial crime architecture, especially in an era of increasingly sophisticated economic threats.
He urged the board to provide strategic oversight and reinforce inter-agency collaboration in combating illicit financial flows.
“As financial crimes evolve, so must our response. The FIC is central to this effort, and your leadership will be instrumental in ensuring the Centre fulfills its mandate,” Dr. Forson said.
Members of the newly constituted FIC Board include:
Mr. Mike Kofi Afflu – Chairperson
Mr. Albert Kwadwo Twum Boafo – Chief Executive
Ms. Grace Mbrokoh-Ewoal – Ministry of Finance Representative
Ms. Elizabeth Ama Yankah – National Security Representative
Dr. Kwasi Osei Yeboah – Member
A Senior Police Officer – Ministry of the Interior Representative
A Representative from the Attorney-General’s Department
The Minister pledged the government’s continued support for the Centre, and encouraged the board to uphold high standards of professionalism and accountability.
New Leadership for CBG
In a related development, Dr. Forson last week also swore in a new Board of Directors for Consolidated Bank Ghana (CBG), a bank established during Ghana’s financial sector cleanup.
He reminded the board that CBG represents a major state intervention, following the injection of nearly GH₵30 billion to stabilize the banking industry and restore depositor confidence.
While pledging the government’s readiness to recapitalize CBG in the coming fiscal year, Dr. Forson also delivered a caution:
“This board has been entrusted with a critical national asset. It must ensure prudent management of resources and avoid the excesses that plagued some State-Owned Enterprises in the past. The era of bloated board allowances and unjustified compensation is over.”
The new CBG Board includes:
Mr. Ernest Mawuli Agbesi – Chairperson
Dr. Naomi Wolali Kwetey – Managing Director
Ms. Irene Ackuaku – Member
Mr. David Adom – Member
Mr. Michael Kwasi Anyamesem – Member
Mr. Stephen Kporzih – Member
Dr. Sa-ad Iddrisu – Member
Mrs. Immaculate Kawe Kanlisi – Member
Mr. John Alexander Ackon – Member
In his remarks, Board Chair Mr. Ernest Mawuli Agbesi expressed gratitude for the opportunity to serve, and affirmed the board’s commitment to delivering results that reflect the confidence the government and people of Ghana have placed in CBG.
Both board inaugurations signal a renewed effort by the Finance Ministry to strengthen financial governance, enhance institutional accountability, and ensure value for public investment in Ghana’s financial sector.
