GHANA WEATHER

President Mahama swears in new Bank of Ghana Governor and Deputy

New BoG Governor outlines economic revival plan
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By: Sarah Baafi 

President John Dramani Mahama has sworn in Dr. Johnson Asiama as the Governor of the Bank of Ghana and Dr. Zakaria Mumuni as his Deputy.

Watch Full Ceremony Below:

The ceremony, held at the presidency on February 25, 2025, marked a crucial step in restoring trust in Ghana’s financial sector.

President Mahama swears in new Bank of Ghana Governor and Deputy

President Mahama emphasised that these appointments were not merely procedural but a deliberate commitment to the Bank of Ghana’s core mandate, including regulating the financial sector, ensuring monetary stability, and promoting sustainable economic development.

Both Dr. Asiama and Dr. Mumuni bring extensive experience in banking and financial policy, having served at the Bank of Ghana for over two decades.

Dr. Asiama, with a PhD from the University of Southampton, has played a pivotal role in shaping Ghana’s monetary policy and financial stability efforts. His expertise in banking supervision and risk management positions him well to lead the bank during a challenging economic period.

Dr. Mumuni, holding a PhD from the University of Nottingham, will support the governor in implementing sound policies and reinforcing regulatory oversight.

President Mahama highlighted the importance of professionalism and integrity in these appointments, emphasizing the need for decisive leadership to rebuild trust and restore economic stability.

He also underscored the lessons of past fiscal recklessness and the importance of responsible fiscal management, ensuring the Bank of Ghana operates free from political interference.

The president encouraged the new leadership to work closely with key institutions while maintaining their independence.

The ceremony was seen as a significant step in Ghana’s economic recovery efforts, with President Mahama expressing confidence in the duo’s ability to navigate the challenges ahead and drive sustainable growth.

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