President John Dramani Mahama has appointed a new governing board for the Bank of Ghana (BoG) following consultations with the Council of State.
The appointments, made in accordance with Article 70(1)(d)(iii) of the Constitution and Section 8 of the Bank of Ghana Act, 2002 (Act 612), as amended by the Bank of Ghana (Amendment) Act, 2016 (Act 918), introduce fresh leadership to oversee the nation’s central banking system.
The newly appointed board will be chaired by Dr. Johnson Pandit Kwesi Asiama, who assumes the role of Governor. He will be supported by Dr. Zakari Mumuni as the 1st Deputy Governor, along with a diverse team of financial experts, economists, legal professionals, and fintech specialists.
Key appointments to the board include:
- Thomas Nyarko Ampem – Representative from the Ministry of Finance
- Mr. Augustine Fritz Gockel – Economist
- Nana Akua Ayivora – Accountant/Audit/Risk/Compliance
- Emma Akua Bulley – Lawyer
- Evelyn Naa Checher Kwatia – Finance Markets/Treasury
- Dr. Stephen Senyo Sapati – Finance/Audit
- Beatrice Feehi Annangfio – Lawyer
- Kizzita Mensah – Lawyer
- Joseph W. Asamoah – Fintech
- Isaac Adongo – Economist
The government has expressed confidence in the new board’s ability to steer the central bank toward sound monetary policies and economic stability. The appointments come at a critical time as Ghana faces challenges related to inflation, exchange rate fluctuations, and financial sector reforms.
Felix Kwakye Ofosu, the Spokesperson to the President and Minister for Government Communications, reaffirmed the government’s commitment to maintaining a robust financial system through the newly constituted board.
The board is expected to play a pivotal role in shaping monetary policy, regulating financial institutions, and ensuring the stability of Ghana’s economy.