Business News / Banking & Finance
Bank of Ghana Governor Dr Johnson Pandit Asiama has appointed Second Deputy Governor Matilda Asante-Asiedu to represent him on the Board of the Ghana Gold Board (GoldBod).
Bank of Ghana Governor Dr Johnson Pandit Asiama has appointed the central bank’s Second Deputy Governor, Matilda Asante-Asiedu, to represent him on the Board of the Ghana Gold Board (GoldBod).
In a letter dated May 11, 2026, Dr Asiama authorised Mrs Asante-Asiedu to attend and fully participate in GoldBod board meetings on his behalf, as well as represent the Bank of Ghana’s interests and exercise the responsibilities attached to the position.
The arrangement follows Dr Asiama’s decision to step away from personally attending GoldBod board meetings. GoldBod has said the move was linked to the Governor’s schedule and is permitted under the Ghana Gold Board Act, 2025 (Act 1140), which provides for the Bank of Ghana Governor or a representative to serve on the board.
The development comes amid questions about the Governor’s previous membership of the GoldBod Board and the relationship between the central bank and the state-owned gold trading institution.
Former Finance Minister and Karaga MP Dr Mohammed Amin Adam had raised concerns about whether the Governor’s board membership could create a potential conflict of interest, particularly in light of the Bank of Ghana’s previous involvement in financing GoldBod’s gold purchases.
The concerns followed the Bank of Ghana’s decision to end its pre-financing of GoldBod’s gold purchases from July 1, 2026. Dr Asiama has said he resigned from the GoldBod Board several months earlier and no longer attends its meetings.
The appointment of Mrs Asante-Asiedu ensures that the Bank of Ghana continues to have representation on the GoldBod Board while Dr Asiama does not personally participate in its meetings.
Mrs Asante-Asiedu, who became Second Deputy Governor of the Bank of Ghana in May 2025, currently serves in several financial-sector oversight roles within the central bank.
The Governor’s letter also requested that GoldBod extend the necessary courtesies to the Second Deputy Governor to enable her to effectively perform the assignment.
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