President John Dramani Mahama has appointed a new 10-member Governing Board for the Ghana Investment Promotion Centre (GIPC), as part of efforts to enhance Ghana’s investment climate and economic transformation agenda.
The appointment follows consultations with the Council of State and is in accordance with the GIPC Act.
The newly constituted board is expected to provide strategic direction to the Centre and strengthen its role in attracting both local and foreign investment to drive sustainable development.
The board is chaired by former Minister of State, Akwasi Oppong-Fosu, and comprises seasoned professionals from the finance, industrial, planning, and public service sectors. Members include Dr. Zakaria Mumuni, Deputy Governor of the Bank of Ghana; Dr. Audrey Smock Amoah, Director-General of the National Development Planning Commission (NDPC); Sampson Ahi, Deputy Minister for Trade, Agribusiness, and Industry; Thomas Nyarko Ampem, Deputy Minister of Finance; and Simon Madjie, Chief Executive Officer of GIPC.
Also serving on the board are John Awuah, CEO of the Ghana Association of Banks; Mercy Afrowa Needjan, President of the Greater Accra Markets Association; Dr. Reuben Owusu Gyamfi, a leading academic; and Major Christine Naa Adoley Oko (Rtd).
At the official inauguration ceremony held in Accra, Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, emphasized the Centre’s critical role in facilitating job creation and economic growth through Foreign Direct Investment (FDI).
She noted that recent reviews of the GIPC Act demonstrate the government’s resolve to build a more investor-friendly regulatory environment.
“This will ensure that Ghana remains a top destination for high-quality investments that align with our national development priorities,” she said.
Board Chair Akwasi Oppong-Fosu pledged the board’s full support to the Ministry in implementing the President’s vision of a competitive, investment-led economy.
He assured stakeholders that the board would work collaboratively to remove bottlenecks, deepen investor confidence, and align the Centre’s activities with national development goals.
GIPC CEO Simon Madjie welcomed the inauguration as a timely and strategic development. He expressed confidence that the depth of expertise represented on the board would help reinforce the Centre’s mission of positioning Ghana as the investment hub of West Africa.