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Vice President Swears in New BoG Board, Urges Board to Restore Public Trust in Central Bank

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Vice President Swears in New BoG Board, Urges Board to Restore Public Trust in Central Bank

Vice President Professor Naana Jane Opoku-Agyemang has charged the newly appointed Governing Board of the Bank of Ghana (BoG) to provide dynamic leadership and restore public trust in the country’s central bank.

Speaking at the swearing-in ceremony held at the Bank Square on Thursday, March 13, 2025, the Vice President emphasized the critical role the central bank plays in achieving the government’s economic agenda.

“You are coming to this role with excellent credentials, backgrounds, and experiences. Your diverse backgrounds in the public and private sectors have equipped you with the necessary perspectives to offer dynamic and inspirational leadership,” she stated.

She underscored the government’s commitment to resetting, rebuilding, and restoring public trust, noting that the success of the administration’s economic agenda largely depends on the effectiveness of the BoG.

“The President’s social contract with the people of Ghana to reset, rebuild, and restore macroeconomic stability through responsive financial sector governance and sound economic policies rests on your shoulders, in equal measure with Cabinet, the Minister for Finance, and other key stakeholders,” she said.

Professor Opoku-Agyemang also highlighted the importance of aligning BoG’s policies with contemporary global best practices, urging the new board to review existing frameworks to ensure consistency with the government’s economic priorities.

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She further commended the government for achieving gender parity on the board, noting that the inclusion of five women – constituting over 40% of the membership – reflects global standards for diversity and inclusion.

“I have no doubt that with the right board dynamics and support from the government and all stakeholders, you will live up to expectations and provide the necessary governance structures and financial sector leadership to propel the economic reset, rebuild, and consolidation agenda of our government,” she added.

The Vice President concluded by congratulating the board members and expressing confidence in their ability to steer the central bank towards achieving its mandate.

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