Accra, Ghana – President John Dramani Mahama has emphasized that the appointment of Dr. Johnson Pandit Asiama as Governor and Dr. Zakaria Mumuni as First Deputy Governor of the Bank of Ghana is a deliberate affirmation of his government’s unwavering commitment to professionalism.
According to the President, integrity and proven competence were the sole criteria for their elevation to these high offices.
Speaking at the swearing-in ceremony at the Presidency, he stated:
“The choice of Dr. Asiama and Dr. Mumuni as Governor and Deputy Governor respectively is a deliberate affirmation of our unshakable commitment to professionalism, integrity, and proven competence as the sole criteria for appointment to high office.”
Dr. Asiama’s Journey to Leadership
President Mahama highlighted that Dr. Asiama’s appointment marks a natural progression in his distinguished career, having served the Bank of Ghana for over two decades and steadily rising through the ranks.
“A distinguished economist with a PhD from the University of Southampton, Dr. Asiama’s ascent to this office has been a natural progression from his long and dedicated service to the central bank with over two decades at that institution, rising through the ranks from banking supervision and financial markets to leading research and policy implementation,” he said.
He further underscored Dr. Asiama’s pivotal role in shaping Ghana’s monetary policy and stabilizing the financial system.
“He has played a pivotal role in shaping Ghana’s monetary policy and our effort for financial stability,” the President stated.
As Deputy Governor, Dr. Asiama was instrumental in controlling inflation, stabilizing the currency, and strengthening regulatory oversight.
“As Deputy Governor, he was instrumental in controlling inflation, helping to stabilize the currency, and strengthening regulatory oversight,” he said.
The Right Leader for the Central Bank
President Mahama expressed confidence that Dr. Asiama’s expertise makes him the ideal leader for the central bank at this critical time.
“His deep expertise in banking supervision, risk management, and digital finance positions him as the right leader of the bank at this time,” he said.
He acknowledged the pressing challenges facing Ghana’s financial sector and stressed the need for experienced and decisive leadership.
“Ghana’s financial sector is in crisis and the task ahead demands experienced foresight and decisive leadership,” he said.
With Dr. Asiama at the helm, the President expressed optimism about restoring stability and revitalizing the country’s economy.
“With Dr. Asiama heading the Bank of Ghana, I am confident that we will rebuild trust in the institution, will restore stability and put our economy back on a path of sustained growth,” he stated.
He further assured Ghanaians that Dr. Asiama would serve with dedication and excellence.
“I am trusting with this responsibility knowing that he will serve with diligence and excellence,” he said.
Dr. Zakaria Mumuni’s Expertise Recognized
Turning his attention to the appointment of Dr. Zakaria Mumuni, President Mahama described it as a recognition of his outstanding expertise and contributions to the banking sector.
“Dr. Mumuni’s appointment is a recognition of his exceptional expertise and distinguished service in banking, financial markets, and economic policy. He also has over two decades of experience at the Bank of Ghana, playing vital roles in shaping monetary policy and strengthening financial stability,” he stated.
He highlighted Dr. Mumuni’s academic credentials as a testament to his deep understanding of Ghana’s economic landscape.
“His academic credentials include a PhD from the University of Nottingham and a Master of Philosophy from the University of Ghana and reflect his deep understanding of the complexities of our economy,” he said.
A Strong Support for the Governor
President Mahama emphasized that as First Deputy Governor, Dr. Mumuni will play a crucial role in supporting Governor Asiama in navigating Ghana’s economic challenges.
“As First Deputy Governor, he’ll be a key pillar in supporting Governor Asiama to implement sound policies, reinforce regulatory oversight, and navigate the difficult challenges ahead of us,” he stated.
He commended Dr. Mumuni’s experience and analytical skills, stressing their importance in ensuring the bank remains focused on its mandate.
“His experience and analytical rigor will be crucial in ensuring that the bank remains steadfast in its mandate to maintain price stability, safeguard the financial sector, and drive sustainable growth,” he stated.
A Dynamic Leadership Duo
President Mahama expressed confidence that the combined leadership of Dr. Asiama and Dr. Mumuni would restore confidence in Ghana’s economy.
“Together, Dr. Asiama and Dr. Mumuni bring the leadership expertise and vision needed to restore confidence in our economy,” he stated.
Story by: Emmanuel Romeo Tetteh (#RomeoWrites
) / Ahotoronline.com | Ghana 
