The Bank of Ghana (BoG) has reaffirmed its commitment to maintaining high standards of governance and transparency while avoiding actual or perceived conflicts of interest in the discharge of its mandate.
The central bank said the commitment formed part of its clarification on its representation on the Board of the Ghana Gold Board (GoldBod), following recent public commentary on the matter.
In a statement issued on Monday, September 28, 2026, the BoG said Governor Dr Johnson Asiama ceased to serve as a member of the GoldBod Board effective May 11, 2026.
It said Dr Asiama had not participated in any meetings or activities of the GoldBod Board since that date.
The Bank explained that under Section 4 of the Ghana Gold Board Act, 2025 (Act 1140), the BoG is required to be represented on the GoldBod Board by the Governor or an official of the Bank not below the rank of Director.
To fulfil that statutory requirement, the BoG nominated its Second Deputy Governor, Mrs Matilda Asante-Asiedu, to represent the central bank on the GoldBod Board.
“Mrs. Asante-Asiedu has since assumed that role and represents the Bank on the GoldBod Board in fulfilment of the statutory requirement,” the statement said.
The central bank said its governance arrangements were intended to ensure that its statutory responsibilities were discharged with transparency and appropriate safeguards.
“The Bank of Ghana remains committed to the highest standards of governance, transparency and the avoidance of any actual or perceived conflict of interest in the discharge of its mandate,” it said.
The clarification comes amid public discussion about the BoG’s representation on the GoldBod Board and the role previously held by the Governor.
The Bank said the current representation by the Second Deputy Governor was consistent with the requirements of the Ghana Gold Board Act.
