Bank of Ghana Appoints New Board of Directors to Tackle Economic Challenges

The Bank of Ghana has officially inaugurated a new Board of Directors to address the nation’s economic challenges and reinforce financial stability. The event, which took place on March 13, 2025, was attended by Vice President of Ghana, government officials, and financial experts. This marks a fresh commitment by the central bank to strengthen its role in shaping Ghana’s economic future, focusing on monetary policy and fiscal resilience.

During the inauguration ceremony, Governor Dr. Johnson Asiama outlined the critical role the central bank will play in addressing Ghana’s economic issues, including inflation, currency volatility, and fiscal deficits. He emphasized that the new board, composed of experienced professionals, will guide the bank’s policy direction to restore confidence, maintain price stability, and uphold good governance.

Dr. Asiama stated that the board’s leadership would be integral to ensuring economic stability and highlighted the importance of transparency, independence, and accountability in managing the country’s monetary policies. He also assured the public that the new board members would act with integrity and boldness in navigating the current economic landscape, which will significantly impact businesses and households across Ghana.

The new board includes a diverse group of experts, ranging from economists and lawyers to professionals with expertise in finance, audit, and fintech. The board members are tasked with formulating policies to enhance Ghana’s financial sector and foster economic resilience, as the country faces mounting fiscal and economic challenges.

SOURCE: CITI NEWSROOM