President John Dramani Mahama has appointed a new governing board for the Bank of Ghana (BoG) in consultation with the Council of State.
The appointments were made in accordance with Article 70(1)(d)(iii) of the 1992 Constitution and Section 8 of the Bank of Ghana Act, 2002 (Act 612), as amended by Act 918 of 2016.
According to a statement from the Presidency, the newly constituted board will be chaired by Dr. Johnson Asiama, who has been appointed as the Governor of the Bank of Ghana. Dr. Asiama, a seasoned economist, previously served as a Deputy Governor of the central bank.
Dr. Zakari Mumuni has been appointed as the 1st Deputy Governor, while Thomas Nyarko Ampem will represent the Ministry of Finance on the board.
The board also includes the MP for Bolga Central and former Ranking Member of Parliament’s Finance Committee, Isaac Adongo, as well as a former Deputy Communications Officer of the NDC and currently a Presidential Staffer, Beatrice Annan.
Other members bring varied expertise from fields including finance, economics, law, and technology.
The full list of appointees and their designated roles is as follows:
Dr. Johnson Pandit Kwesi Asiama – Governor (Chairman)
Dr. Zakari Mumuni – 1st Deputy Governor
Thomas Nyarko Ampem – Representative from the Ministry of Finance
Mr. Augustine Fritz Gockel – Economist
Nana Akua Ayivora – Accountant/Audit/Risk/Compliance
Emma Akua Bulley – Lawyer
Evelyn Naa Checher Kwatia – Financial Markets/Treasury
Dr. Stephen Senyo Sapati – Finance/Audit
Beatrice Feehi Annangfio – Lawyer
Kizzita Mensah – Lawyer
Joseph W. Asamoah – Fintech
Isaac Adongo – Economist
The board will be tasked with overseeing the formulation of monetary policy, strengthening financial regulation, and guiding the BoG in its mandate to maintain price and exchange rate stability.
On Tuesday, President Mahama swore in Dr. Asiama and Dr. Mumuni at a brief ceremony at the Presidency.