Business

I have no role in GoldBod board meetings anymore – Bank of Ghana Governor

I have no role in GoldBod board meetings anymore – Bank of Ghana Governor
I have no role in GoldBod board meetings anymore – Bank of Ghana Governor

Bank of Ghana (BoG) Governor Dr Johnson Asiama says he resigned from the Board of Directors of the Ghana Gold Board (GoldBod) about five months ago and no longer participates in its meetings.

Dr Asiama explained that the Ghana Gold Board Act, 2025 (Act 1140), does not require the Governor of the Bank of Ghana to personally serve on the GoldBod Board.

His comments follow concerns raised by the New Patriotic Party (NPP) over his reported membership of the GoldBod Board and whether his roles at the central bank and GoldBod could create a conflict of interest.

Former Finance Minister and NPP Member of Parliament for Karaga, Dr Mohammed Amin Adam, raised the issue during an NPP press briefing on September 1.

The concerns centred on the relationship between the Bank of Ghana and GoldBod, particularly the central bank’s involvement in financing GoldBod’s gold-purchasing operations and reported losses associated with the domestic gold purchase programme.

Dr Asiama, however, said he had already resigned from the GoldBod Board and no longer takes part in its meetings.