Professor Jane Naana Opoku-Agyemang, the Vice President, has sworn in the governing board of the Bank of Ghana (BoG).
The Board of the Bank of Ghana was sworn in on Thursday, March 13, at the central bank’s headquarters in Accra.
In her address, Vice President Professor Jane Naana Opoku-Agyemang praised the board for their impressive credentials, diverse backgrounds, and extensive experience in both the public and private sectors. She emphasized that their combined expertise equips them with the right mindset and perspectives to lead the Bank of Ghana effectively during this critical time, with significant challenges facing the economy.
The Vice President highlighted the need for dynamic and innovative leadership at the Bank to continue delivering its public services and to restore and enhance public trust in the institution.
Vice President Professor Jane Naana Opoku-Agyemang stated that the success of the government heavily relies on the performance of the Central Bank. She emphasized that the President’s social contract with the people of Ghana to reset, rebuild, and restore public trust, as well as achieve macro-economic stability through responsive financial sector governance and sound economic policies, rests on the shoulders of the Bank’s governing board.
She urged the board members to use their collective and individual expertise to steer the Bank towards achieving the President’s economic agenda. Additionally, she advised the board to review the Bank’s existing policies to ensure they align with contemporary practices and, most importantly, with the government’s social contract with the people of Ghana.
Vice President Professor Jane Naana Opoku-Agyemang highlighted the government’s commitment to gender parity in the Bank of Ghana’s governing board, noting the appointment of five women, making up over 40% of the board. She emphasized that this diverse and inclusive composition aligns with global standards on board diversity and inclusion.
She expressed confidence that with the right board dynamics and support from the government and other stakeholders, the board would meet expectations and provide the leadership needed to drive the economic reset, rebuild, and consolidation agenda of the government.
She concluded by congratulating the board members and wishing them success in their new roles, encouraging them to guide the institution toward achieving its mandate and the government’s macro-economic objectives.
The board was constituted by the President in consultation with the Council of State, as announced by the Minister of State in charge of Government Communications, Felix Kwakye Ofosu, on Wednesday, February 26.