Inauguration of New Governing Board of Bank of Ghana
The Bank of Ghana’s new Governing Board was inaugurated by Vice-President Professor Jane Naana Opoku-Agyemang, who urged alignment with contemporary policies and highlighted the importance of gender parity in its composition. The Governor, Dr. Johnson Pandit Asiama, emphasized the Board’s commitment to addressing economic challenges effectively.
The newly inaugurated Governing Board of the Bank of Ghana was sworn in by Vice-President Professor Jane Naana Opoku-Agyemang, who emphasized the necessity for reviewing the bank’s existing policies. She advocated that these policies should reflect leading contemporary practices and align with the government’s social contract with the Ghanaian populace.
The Vice-President highlighted that the Board achieves gender parity with five female appointments, ensuring over 40 percent female representation. This composition, she noted, aligns with global standards on board diversity and inclusion, making it appropriately diverse and inclusive.
She expressed confidence that the Board would deliver effective governance and leadership to support the government’s agenda for economic reset, rebuild, and consolidation. The members, equipped with diverse public and private sector experiences, possess the needed attributes for dynamic leadership during these challenging economic times.
Prof. Opoku-Agyemang stressfully remarked that the Central Bank’s performance is critical to the government’s overall success, linking it directly to the economic stability objectives contained in the President’s social contract with the people of Ghana.
Dr. Johnson Pandit Asiama, the Governor of the Bank of Ghana, described the inauguration as the dawn of a new chapter focused on financial stability and sound monetary policy within an economically unstable context. He pointed out the challenges of macroeconomic instability, rising inflation, and fiscal constraints that require prompt and strategic actions from the Board, which comprises professionals with substantial expertise.
The inauguration of the Bank of Ghana’s Governing Board marks an important development in the organization’s governance. The Vice-President’s call for alignment with contemporary policies and the emphasis on gender diversity underscore a progressive approach. Furthermore, the Board’s commitment to addressing economic challenges through transparent and accountable leadership reflects a significant step towards achieving the government’s economic goals.
Original Source: www.ghanabusinessnews.com
