Bank of Ghana Appoints Matilda Asante-Asiedu as Official Representative on GoldBod Governing Board

The Bank of Ghana has nominated its Second Deputy Governor, Mrs Matilda Asante-Asiedu, to represent the central bank on the board of the Ghana Gold Board (GOLDBOD).

This was contained in a statement issued on Monday, September 28.

Her nomination follows the resignation of the Governor, Dr Johnson Pandit Asiama, from the board.

Dr Asiama ceased to serve as a member of the GoldBod Board effective 11 May 2026.

Since that date, the Governor has not participated in any meetings or activities of the GoldBod Board.

In accordance with Section 4 of the Ghana Gold Board Act, 2025 (Act 1140), which provides for representation of the Bank of Ghana on the GoldBod Board by the Governor or an official of the Bank not below the rank of Director, the Bank has nominated its Second Deputy Governor, Mrs. Matilda Asante-Asiedu, to serve as its representative on the Board.

Mrs. Asante-Asiedu has since assumed that role and represents the Bank on the GoldBod Board in fulfilment of the statutory requirement.

“The Bank of Ghana remains committed to the highest standards of governance, transparency and the avoidance of any actual or perceived conflict of interest in the discharge of its mandate,” the statement said.

Dr Asiama initially announced his resignation duing the 132nd Monetary Policy Committee press conference in Accra on Thursday, September 24, saying

He was responding to concerns raised by the New Patriotic Party (NPP) over his membership of the Board and whether his dual roles could create a conflict of interest.

The concerns, raised by former Finance Minister and Karaga Member of Parliament, Dr Mohammed Amin Adam, at an NPP press briefing on September 1, focused on the relationship between the central bank and GoldBod, including the Bank’s involvement in financing gold purchases and reported losses under the domestic gold purchase programme.

“I resigned from the GoldBod Board about five months ago or so. I do not attend board meetings at the GoldBod at all,” he said.

He explained that the Ghana Gold Board Act, 2025 (Act 1140) does not require the Governor personally to serve on the Board.

According to him, the law provides for the Bank of Ghana to be represented either by the Governor or any other official of the rank of director.

“The law that governs the activities of the GoldBod, there’s a provision there for the Bank of Ghana to be represented either by the Governor or any other official up to the rank of a director,” he said.

“It does not necessarily need the Governor to be there,” he added.

Source: 3news.com