{"id":347230,"date":"2025-05-19T13:14:42","date_gmt":"2025-05-19T13:14:42","guid":{"rendered":"https:\/\/www.ghanamma.com\/2025\/05\/19\/minister-of-finance-inaugurates-13-member-board-of-ghana-gold-board\/"},"modified":"2025-05-19T13:14:42","modified_gmt":"2025-05-19T13:14:42","slug":"minister-of-finance-inaugurates-13-member-board-of-ghana-gold-board","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2025\/05\/19\/minister-of-finance-inaugurates-13-member-board-of-ghana-gold-board\/","title":{"rendered":"Minister of Finance inaugurates 13-member board of Ghana Gold Board"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/786\/78616021.295.jpg\" alt=\"Dr Cassiel Ato Forson, Minister of Finance swearing-in the members of the Ghana Gold Board\" title=\"Dr Cassiel Ato Forson, Minister of Finance swearing-in the members of the Ghana Gold Board\" width=\"295\" height=\"197\" \/> <span class=\"image_caption\"><span>Dr Cassiel Ato Forson, Minister of Finance swearing-in the members of the Ghana Gold Board<\/span><\/span><\/p>\n<\/div>\n<div style=\"-webkit-user-select: none; -webkit-touch-callout: none; -moz-user-select: none; -ms-user-select: none; user-select: none;\">\n<p id=\"article-123\">The Minister for Finance, Dr Cassiel Ato Forson, has inaugurated a 13-member Board of Directors for the Ghana Gold Board (GoldBod), describing the body as a strategic vehicle for achieving effective currency management and enhancing the country\u2019s economic resilience.<\/p>\n<p>Swearing in the members at a brief ceremony on May 19, 2025, Dr Forson congratulated the newly constituted board on behalf of President John Dramani Mahama and expressed confidence in their ability to deliver on the Board\u2019s mandate.<\/p>\n<p>He highlighted the remarkable turnaround in the performance of Ghana\u2019s currency, stating:<\/p>\n<p>\u201cAs of May 13, 2025, the Ghana cedi has solidified its position as the standout performer among global currencies, achieving a remarkable 16.7% appreciation against the US dollar year-to-date. This marks a significant reversal from the 13.4% depreciation recorded during the same period in 2024, with the cedi earning recognition as the top-performing currency in April 2025.\u201d<\/p>\n<p>Dr Forson attributed the sustained rally of the cedi to a combination of robust monetary and fiscal policy coordination, improved forex inflows from gold, cocoa, and remittances, and disciplined public financial management. <\/p>\n<p>He further noted that the record-high foreign exchange reserves at the Bank of Ghana, which have surpassed IMF programme targets ahead of schedule, underscore the sustainability of the cedi\u2019s recent performance.<\/p>\n<p>In his remarks, the Chairperson of the newly inaugurated board, Kojo Fynn, assured that the board would serve with humility, uphold the highest standards of good governance, and actively engage all stakeholders in the execution of its duties. <\/p>\n<p>He acknowledged the significant responsibilities enshrined in the Gold Board\u2019s enabling Act and pledged the board\u2019s full commitment to fulfilling its mandate.<\/p>\n<p><b>Members of the Ghana Gold Board:<\/b><\/p>\n<p>1. Kojo Fynn \u2013 Chairperson<\/p>\n<p>2. Samuel Gyamfi \u2013 Acting CEO of the Gold Board \/ Member<\/p>\n<p>3. Emmanuel Armah Kofi Buah \u2013 MP, Minister for Lands and Natural Resources \/ Member<\/p>\n<p>4. Thomas Nyarko Ampem \u2013 MP, Deputy Minister for Finance \/ Member<\/p>\n<p>5. Dr Johnson Asiama \u2013 Governor, Bank of Ghana \/ Member<\/p>\n<p>6. Nelson Ahedor \u2013 Representative, Minerals Commission \/ Member<\/p>\n<p>7. Christopher Opoku Nyarko \u2013 Representative, Ghana Chamber of Mines \/ Member<\/p>\n<p>8. Godwin Nichelson Armah \u2013 Representative, Ghana Small Scale Miners Association \/ Member<\/p>\n<p>9. Kwaku Effah Asuahene \u2013 Representative, Chamber of Bullion Traders \/ Member<\/p>\n<p>10. Shaibu Mahama \u2013 MP for Daboya\/Mankarigu, President\u2019s Nominee \/ Member<\/p>\n<p>11. Dr Abdul Baasit Aziz-Bamba \u2013 Senior Lecturer, UG School of Law, President\u2019s Nominee \/ Member<\/p>\n<p>12. Marrietta Brew Appiah-Oppong \u2013 Legal Counsel to the President, President\u2019s Nominee \/ Member<\/p>\n<p>13. Nana Ama Amissah III \u2013 Paramount Queen Mother, Mankessim Traditional Area, President\u2019s Nominee \/ Member<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dr Cassiel Ato Forson, Minister of Finance swearing-in the members of the Ghana Gold Board The Minister for Finance, Dr Cassiel Ato Forson, has inaugurated a 13-member Board of Directors for the Ghana Gold Board (GoldBod), describing the body as a strategic vehicle for achieving effective currency management and enhancing the country\u2019s economic resilience. Swearing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":347231,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-347230","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Minister of Finance inaugurates 13-member board of Ghana Gold Board - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2025\/05\/19\/minister-of-finance-inaugurates-13-member-board-of-ghana-gold-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minister of Finance inaugurates 13-member board of Ghana Gold Board - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Dr Cassiel Ato Forson, Minister of Finance swearing-in the members of the Ghana Gold Board The Minister for Finance, Dr Cassiel Ato Forson, has inaugurated a 13-member Board of Directors for the Ghana Gold Board (GoldBod), describing the body as a strategic vehicle for achieving effective currency management and enhancing the country\u2019s economic resilience. 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