'Dr Asiamah’s appointment as BoG Governor signals a new era for bankers' – Kwamina Asomaning

Dr. Johnson Asiamah has been appointed as the Governor of the Bank of Ghana (BoG). Kwamina Asomaning, president of the Ghana Association of Banks, sees this as inspiring for banking professionals.

Asomaning spoke on PM Express Business Edition on Joy News. He praised Dr. Asiamah’s appointment as a progressive move. It emphasizes the importance of internal growth within institutions.

“We congratulate him again,” Asomaning said. “We wish him a successful tenure.” He believes Dr. Asiamah’s rise shows that hard work leads to top leadership roles in finance.

Dr. Asiamah previously served as one of the deputy governors. “It’s exciting to see someone from within rise through the ranks,” noted Mr. Asomaning.

He added that this sends a positive message to the financial services industry and encourages others at the Central Bank to aspire for high office.

Asomaning also highlighted the need for a strong relationship with the new Governor. The banking sector faces major challenges, and collaboration is essential.

“The role banks play in promoting economic growth cannot be underestimated,” he explained. With fiscal challenges ahead, private sector support will be crucial.

He emphasized that a strong banking sector is vital for economic recovery. Collaboration between the central bank and commercial banks is critical for success.

Dr. Johnson Asiamah's appointment comes during a recovery phase for Ghana's banking industry. Stakeholders hope his experience will create a balanced regulatory environment that supports both stability and growth.