Governor of the Bank of Ghana, Dr Johnson Asiama has called for a review of existing policies to ensure they align with leading contemporary policies and the government’s social contract with the people of Ghana.
This announcement was made during the inauguration of the new Board of Directors of the Bank on Thursday, March 13, 2025.
According to the Governor, “This moment marks the beginning of a new chapter for our institution, as we embark on a renewed commitment to financial stability, sound monetary policy, and economic resilience.”
The Governor, Johnson Asiama emphasized the critical role of the Bank of Ghana in navigating the current economic challenges facing the country, including macroeconomic instability, rising inflationary pressures, currency volatility, and fiscal constraints.
The Vice President of Ghana, Professor Naana Jane Opoku-Agyemang, congratulated the new Board members on their appointment, stating, “You are coming to this role with excellent credentials, backgrounds, and experiences. Your diverse backgrounds as public sector and private sector operators have equipped you with the required attitude and perspectives to offer dynamic and inspirational leadership.”
The Vice President underscored the importance of the Bank’s role in achieving the President’s economic agenda, saying, “The success or otherwise of this Government depends to a large extent on the performance of the Central Bank, which you are about to lead.”
She urged the Board to examine existing policies and ensure they align with leading contemporary policies and the Government’s social contract with the people of Ghana.
In addition, the Vice President highlighted the Government’s commitment to gender parity, noting that the new Board has over 40% female representation, making it “appropriately diverse, inclusive, and consistent with leading global practice and standards on board diversity and inclusion.”