Bank of England Reaffirms Strategic Partnership with Bank of Ghana; Calls for Stronger Collaboration Among African Central Banks
Deputy Governor for Monetary Policy at the Bank of England, Clare Lombardelli, has reaffirmed the UK central bank’s commitment to deepening technical cooperation with the Bank of Ghana (BoG) and other African central banks, describing the partnership as “a strategic relationship built on shared knowledge and expertise.”
Delivering her opening remarks at the Pan-African Central Bank Governors’ Conference in Accra, Ms. Lombardelli commended the BoG for its “exceptional hospitality and meticulous organisation” of the two-day event, which brings together central bank governors, deputy governors, and senior officials from across the continent to strengthen regional policy coordination and institutional capacity.
She highlighted that the conference aims to foster peer-to-peer learning and collaboration, focusing on central bank independence, accountability, effective decision-making, and building credibility with external stakeholders. “The challenges facing central banks today are complex and evolving… yet, as this gathering demonstrates, we do not face these challenges alone,” she noted.
Ms. Lombardelli also underscored the importance of advancing gender equality in central banking, urging African institutions to accelerate efforts to develop credible female leaders for senior positions. “Institutions that reflect the diversity of the societies they serve are more effective, more innovative, and more resilient,” she stated.
The conference coincides with the celebration of Cedi@60 which marks six decades since the introduction of Ghana’s national currency, a milestone she described as “a testament to Ghana’s sovereignty, resilience, and economic aspiration.”
