The Bank of Ghana inaugurated a new Governing Board, with Vice-President Opoku-Agyemang urging them to align policies with modern standards and the government’s social contract. The Board features over 40% female representation, enhancing diversity. Dr. Asiama stressed the need for dynamic leadership to address economic challenges and restore public trust.
The inauguration of the new Governing Board of the Bank of Ghana took place under the guidance of Vice-President Professor Jane Naana Opoku-Agyemang, who urged the Board to review existing policies for alignment with contemporary practices and the government’s social contract with the citizens of Ghana. She emphasized the necessity for the Board’s policies to reflect the expectations of the populace.
Vice-President Opoku-Agyemang highlighted the government’s commitment to gender equality, noting the appointment of five women to the Board. This representation ensures over 40 percent female participation, which aligns with global standards for board diversity and inclusion.
She expressed confidence that the right dynamics among Board members, alongside support from the government and stakeholders, would meet the public’s expectations. The Vice-President encouraged the Board to create strong governance structures that support the government’s economic reset and consolidation efforts.
The diverse backgrounds of the Board members were acknowledged as assets, equipping them to provide the dynamic leadership required during this critical economic period. The Vice-President articulated that the Bank needs innovative leadership to enhance public trust and provide quality public services.
Dr. Johnson Pandit Asiama, the Bank of Ghana’s Governor, stated that the inauguration marked a pivotal moment for the institution, focusing on financial stability and resilience amid significant economic challenges. He emphasized the necessity for urgent and strategic action to address macroeconomic instability and other pressing financial issues.
Moreover, Dr. Asiama affirmed the Board’s dedication to excellence, transparency, and accountability in navigating complex economic conditions.
The inauguration of the new Bank of Ghana Board represents a significant step towards enhancing financial stability and governance. With a commitment to gender parity and diverse leadership, the Board is expected to respond effectively to pressing economic challenges. The Vice-President’s and Governor’s calls for innovative and accountable leadership underscore the importance of the Board’s role in restoring public trust and fostering economic resilience in Ghana.
Original Source: www.ghanabusinessnews.com
