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President John Dramani Mahama has appointed a new governing board for the Bank of Ghana (BoG) in consultation with the Council of State. The appointments, made in accordance with Article 70(1)(d)(iii) of the 1992 Constitution and Section 8 of the Bank of Ghana Act, 2002 (Act 612), as amended by the Bank of Ghana (Amendment) Act, 2016 (Act 918), were announced on Wednesday, February 26, 2025.
The newly constituted board will be led by Dr. Johnson Pandit Kwesi Asiama, who has been appointed as the Governor and Chairman of the board. He will be assisted by Dr. Zakari Mumuni, who takes up the role of 1st Deputy Governor.
Other members of the board include:
Thomas Nyarko Ampem – Representative from the Ministry of Finance
Mr. Augustine Fritz Gockel – Economist
Nana Akua Ayivora – Accountant/Audit/Risk/Compliance
Emma Akua Bulley – Lawyer
Evelyn Naa Checher Kwatia – Finance Markets/Treasury
Dr. Stephen Senyo Sapati – Finance/Audit
Beatrice Feehi Annangfio – Lawyer
Kizzita Mensah – Lawyer
Joseph W. Asamoah – Fintech
Isaac Adongo – Economist
The newly appointed board members bring a wealth of expertise in finance, economics, law, and technology, positioning them to provide strategic direction and oversight for the central bank. Their primary mandate will be to ensure the stability of Ghana’s financial system, strengthen monetary policy implementation, and promote economic growth.
The board is expected to assume office immediately and begin work to uphold the mandate of the Bank of Ghana in regulating the country’s financial sector.