President John Dramani Mahama has sworn in members of the Board of the Bank of Ghana (BoG), with a call on them to support the Governor of the Central Bank to implement the country’s monetary policy.
He again asked the members to collaborate with the Governor to stabilise the macroeconomic environment and reduce interest rate and inflation.
The 12-member board which was sworn into office last Friday, has the Governor of the BoG, Dr Henry Kofi Wampah, as its Executive Chairman, with a Deputy Governor of the BoG, Dr Abdul-Nashiru Issahaku; a Deputy Minister of Finance, Mr Cassiel Ato Forson; Mr Alexander Yamoah Kyei and Mr Wilson Kwadwo Narh as members.
Other members are: Dr Sydney Yayah Laryea, Mrs Diana Amewu Ayettey, Professor Kwabena Asomaning Anaman, Mr Kwaku Bram Larbi, Mr Sam Appah, Dr D. Obu Andah and Ms Clara B. Arthur.
Earlier, President Mahama had sworn Dr Abdul-Nashiru Issahaku into office as a Deputy Governor of the BoG.
The President reminded the board members that their appointment was a call to duty.
‘’You have to work with the Governor to bring interest rate and inflation down for us to have a conducive environment for business to grow.
“Working together, we can make Ghana a country that is growing, creating jobs and a congenial place for investment and decent life for its people,” he said.
President Mahama also said Dr Issahaku had been brought on board since he had a wealth of experience, working outside and within the country.
In his remarks, Vice-President Paa Kwesi Bekoe Amissah Arthur said the board members “have a great responsibility to support the Governor to manage the economy in a way that is sustainable.”
He added that the BoG had quality human resource, and asked the board members to challenge the workers to think outside the box and give their best.
Mr Amissah Arthur, who is a former Governor of BoG, said with the quality of the board members economists, accountants and lawyers, the work of the Central Bank would be improved.
By Musah Yahaya Jafaru/Ghana