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Asiama will restore trust and stability at BoG – Mahama

President John Dramani Mahama has expressed confidence in Dr. Johnson Asiama’s leadership as the Governor of the Bank of Ghana (BoG), despite concerns raised by the opposition New Patriotic Party (NPP) regarding the legality and suitability of his appointment.

The President’s endorsement comes amid a heated debate over Dr. Asiama’s past legal challenges and his ability to steer Ghana’s financial sector through its current crisis.

The Minority in Parliament has been vocal in its criticism of Dr. Asiama’s appointment, citing his previous involvement in the collapse of UniBank and UT Bank, for which he was facing trial before the government withdrew all charges.

The NPP argued that Dr. Asiama’s legal history makes him unfit for the role of BoG Governor, a position that demands impeccable integrity and trustworthiness.

However, during the swearing-in ceremony of Dr. Johnson Asiama as Governor and Dr. Zakari Mumuni as First Deputy Governor of the Bank of Ghana, President Mahama defended Dr. Asiama’s appointment, emphasising the need for experienced and decisive leadership to address the challenges facing Ghana’s financial sector.

“Ghana’s financial sector is in crisis and the task ahead demands experience foresight and decisive leadership. 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 trust him with this responsibility knowing that he will serve with greater diligence and excellence,” he stated.

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