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Home Business Banking & Finance

New Bank of Ghana Governor Pledges to Uphold Central Bank’s Independence

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New Bank of Ghana Governor Pledges to Uphold Central Bank’s Independence

Dr. Johnson Asiama, the newly nominated Governor of the Bank of Ghana, has assured the public of his commitment to safeguarding the central bank’s independence and ensuring a seamless transition in leadership.

Speaking at a meeting with the two Deputy Governors—Dr. Maxwell Opoku-Afari and Elsie Addo Awadzie—after formally assuming office, Dr. Asiama emphasized the importance of continuity and stability within the institution.

“His Excellency the President thinks that we should do this because it’s a way of enforcing our independence and encouraging a smooth transition,” he stated.

He further noted that the transition should not pose any challenges, as many key figures within the Bank of Ghana are already familiar with its operations. “The public must see us working together because it’s just another transition,” he added.

Dr. Asiama also reaffirmed his dedication to the central bank’s mandate, assuring the financial markets that there will be no disruptions in the institution’s operations.

Dr. Asiama’s Appointment and Transition

Dr. Asiama officially assumed office following the decision of outgoing Governor Dr. Ernest Addison to commence his terminal leave on February 3, 2025, ahead of his retirement.

Dr. Addison’s tenure will formally end on March 28, 2025, in accordance with the Bank of Ghana Act, 2002 (Act 612), as amended.

The new Governor’s leadership is expected to maintain policy continuity and reinforce confidence in Ghana’s financial sector.

Tags: Central Bank’s IndependenceDr. Johnson AsiamaNew Bank of Ghana Governor Pledges to Uphold Central Bank’s Independence

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