President Mahama appoints 12-Member Board for Bank of Ghana  

By Iddi Yire  

Accra, Feb 26, GNA – President John Dramani Mahama has in consultation with the Council of State, appointed a 12-Member Governing Board for the Bank of Ghana (BoG). 

The appointment is in accordance with Article 70(1)(d)(iii) of the Constitution and Section 8 of the Bank of Ghana (Amendment) Act, 2002 (Act 612), as amended by the Bank of Ghana (Amendment) Act, 2016 (Act 918). 

A statement issued by Mr Felix Kwakye Ofosu, Presidential Spokesman and Minister of State in-charge of Government Communications, copied to the Ghana News Agency said Dr Johnson Pandit Kwesi Asiama, the BoG Governor is the Chairman of the BoG Governing Board. 

Other Members of the BoG Governing Board include Dr Zakari Mumuni, First Deputy Governor; Mr Thomas Nyarko Ampem, Representative of the Finance Ministry; Mr Augustine Fritz Gockel, an Economist; Nana Akua Ayivora, an Accountant; and Madam Emma Akua Bulley, a Lawyer,  

The rest are Madam Evelyn Naa Checher Akwatia, Finance Market/Treasuryd; Dr Stephen Senyo Sapati, Finance/Audit; Madam Beatrice Feehi Annangfio, a Lawyer; Kizzita Mensah, a Lawyer; Mr Joseph W. Asamoah, FINTECH, Mr Isaac Adongo, an Economist. 

The governing body of the Bank is the Board of Directors as stipulated in the Bank of Ghana Act, 2002 (Act 612).  

The Board consists of the Governor, who is also the Chairman, two Deputy Governors and ten Non-Executive Directors. 

The Board is responsible for formulating policies necessary for the achievement of the Bank’s objectives, which are to maintain stability in the general level of prices and to ensure effective and efficient operations of the banking and credit systems and support general economic growth. 

GNA