The Bank of Ghana has inaugurated a new Board of Directors on March 13, 2025, led by Governor Dr. Johnson Asiama. The Board aims to address economic challenges such as rising inflation and currency instability while enhancing financial governance. The Vice President attended the ceremony, highlighting the significance of the Board’s role in the economy.
The Bank of Ghana has inaugurated a new Board of Directors led by Governor Dr. Johnson Asiama, signifying a renewed commitment to achieving financial stability and sound monetary policy in the nation. The ceremony took place in Accra on March 13, 2025, with the Vice President of Ghana in attendance, underscoring the government’s recognition of the central bank’s pivotal role in the economy.
During his remarks, Dr. Asiama highlighted key economic challenges facing Ghana, which include macroeconomic instability, rising inflation, and currency volatility, along with fiscal constraints. He emphasized the need for strategic policies to address these issues, mandating the Board to guide the Bank with boldness and accountability.
Governor Asiama stated, “This Board, composed of esteemed professionals with vast expertise, is tasked with restoring confidence in the Bank of Ghana, upholding price stability, strengthening our financial position, and reinforcing good governance.” He further noted that the Board’s decisions are crucial and will affect businesses, households, and the overall economy, reaffirming the Bank’s dedication to transparency and independence in its monetary policies.
Vice President Professor Naana Jane Opoku-Agyemang delivered remarks during the ceremony, highlighting the significance of the Board’s work for the future. Dr. Asiama welcomed all new members warmly, expressing confidence in their ability to tackle economic challenges. The newly constituted Board will play an essential role in guiding Ghana toward economic stability and sustainable growth.
In conclusion, the inauguration of the new Board of Directors at the Bank of Ghana represents a strategic response to pressing economic challenges. Led by Governor Dr. Johnson Asiama, the Board is tasked with fostering financial stability and sound monetary practices essential for the country’s economic resilience. Their expertise is anticipated to guide crucial policy decisions that will impact the nation’s financial future significantly.
Original Source: www.ghanaweb.com
