The Bank of Ghana (BoG) has inaugurated a new Board of Directors, with a renewed focus on restoring public confidence, strengthening financial stability, and ensuring sound monetary policy.
The swearing-in ceremony, held on March 13, 2025, was led by Vice President Jane Naana Opoku-Agyemang, who underscored the critical role of the BoG in rebuilding economic trust and credibility.
Addressing the new board, the Vice President emphasized the need for bold and decisive leadership to enhance confidence in the financial sector. She highlighted the board’s strategic importance in supporting the government’s broader economic recovery agenda, stressing that the success of the administration is closely tied to the performance of the Bank of Ghana.
“The president’s social contract with the people of Ghana is to reset, rebuild, and restore public trust through sound financial governance and responsible economic policies. This responsibility now rests on your shoulders,” she stated.
In his address, BoG Governor Dr. Johnson Asiama reinforced the need to restore confidence in the central bank, emphasizing that the board’s actions would have far-reaching implications for businesses, households, and overall economic stability. He described the inauguration as an opportunity to reaffirm the BoG’s commitment to independence, transparency, and sound financial management.
“This Board, composed of experienced professionals, is tasked with guiding policy direction to navigate challenges with integrity, accountability, and prudence,” Dr. Asiama stated. “Our mission is clear: we must restore confidence in the Bank of Ghana, uphold price stability, strengthen financial resilience, and reinforce good governance.”
With macroeconomic instability, inflationary pressures, currency volatility, and fiscal constraints persisting, the board is expected to play a critical role in stabilizing the financial sector and rebuilding trust among investors and stakeholders.
Newly Appointed Board Members
The new BoG Board, appointed by President John Dramani Mahama, comprises a blend of experienced economists, financial experts, and policymakers. The members are:
| Name | Designation |
|---|---|
| Dr. Johnson Pandit Asiama | Governor (Chairman) |
| Dr. Zakari Mumuni | First Deputy Governor (Executive Director) |
| Hon. Thomas Nyarko Ampem (MP) | Non-Executive Director |
| Hon. Isaac Adongo (MP) | Non-Executive Director |
| Dr. Fritz Augustine Gockel | Non-Executive Director |
| Ms. Emma Akua Bulley | Non-Executive Director |
| Mrs. Evelyn Naa Checher Kwatia | Non-Executive Director |
| Dr. Stephen Senyo Sapati | Non-Executive Director |
| Ms. Nana Akua Ayivor | Non-Executive Director |
| Ms. Kizzita Mensah | Non-Executive Director |
| Ms. Beatrice Feehi Annangfio | Non-Executive Director |
| Mr. Joseph W. Asamoah | Non-Executive Director |
The diverse expertise of the newly inaugurated board is expected to strengthen Ghana’s monetary policy and financial oversight, ensuring that the Bank of Ghana remains resilient in addressing economic challenges.
The newly sworn-in board members pledged to uphold transparency, accountability, and sound economic policies in line with the BoG’s mandate. Their commitment to restoring confidence will be crucial in shaping the future of Ghana’s financial landscape