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President Mahama swears-in new BoG Governors

February 25, 2025
SWEARS

President John Dramani Mahama has sworn into office Dr. Johnson Asiama and Dr. Zakari Mumuni as Governor and Deputy Governor of the Bank of Ghana, respectively.

The swearing-in was held at the Jubilee House on Tuesday, February 25, 2025.

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The President administered the Oath of Office and the Oath of Secrecy.

Dr. Asiama and Dr. Zakaria Mumuni were then presented the instrument of appointment.

President Mahama, in a brief remark, expressed confidence in the appointees, stating he was hopeful they would restore stability.

“With Dr. Asiama heading the Bank of Ghana, I am confident that we will rebuild trust in the institution, we will restore stability and put our economy back on the path of sustained growth.

“I entrust him with this responsibility knowing that he will serve with due diligence and excellence,” the president stated.

He added that the appointment of Dr. Asiama and Dr. Zakaria Mumuni “is a deliberate affirmation of our unshakeable commitment to professionalism, integrity, and proven competence as a sole criterion to our high office.”

“As Deputy Governor, he was instrumental in controlling inflation, stabilising the currency, and strengthening regulatory oversight. His deep expertise in banking supervision, risk management, and digital finance positions him as the right leader at this critical time,” he said.

“I am confident in your expertise, vision, and integrity to discharge your mandate with excellence,” the President said.

On his part, Dr. Asiama said that the BoG under his leadership will deepen their independence while also engaging constructively with the government and key stakeholders.

“My priority is on the need to promote greater fiscal and monetary policy coordination while maintaining our operational independence. The Bank of Ghana operates independently under the BOG Act 2002 (Act 612), and as amended; and we will uphold this independence while working collaboratively with government and our international partners.

“To strengthen our independence further, we shall enhance key provisions in the Bank of Ghana Act, 2002 (Act 612) and as amended, to ensure that institutional autonomy is not just a legal principle but a practical reality in our policymaking and operations. We will engage constructively with government and other key stakeholders to always ensure alignment between monetary, fiscal and other policies,” he said.

By: Rainbowradioonline.com/Ghana

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