President Nana Addo Dankwa Akufo-Addo has congratulated the Bank of Ghana for emerging the Best African Central Bank of the Year, 2019.
Celebrating the achievement, President Akufo-Addo indicated that the award is in recognition of the Bank’s relentless effort in carrying out the banking sector reforms which has resulted in a vibrant financial sector supporting the Ghanaian economy.
The Bank of Ghana (BoG) has been named the African Central Bank of the Year for 2019 by Central Banking Awards following impressive achievement in reforming the Ghanaian banking sector.
In a Twitter post by the President, sighted by ABC News, the President singled out the Governor of the Central Bank, Dr. Ernest Yedu Addison for his role in gaining the recognition.
He again expressed his optimism about the future prospects of the Bank noting that the best of the bank is yet to come.
“I extend warm congratulations to the Bank of Ghana on being adjudged African Central Bank of the Year for 2019. This is in recognition of the excellent work undertaken by the Governor and officials of the Bank in reforming Ghana’s banking sector, and also for the emphasis, they have placed on the growth of digital infrastructure,” the President twitted.
“Ayekoo, and I am confident that the best days of the Bank, and, indeed, of Mother Ghana, herself, lie ahead,” he added.
Among the achievements highlighted for the award include; reforms on a poorly-managed banking sector, a 5-year strategy on improving growing digital payments and financial inclusion, policy on environmental sustainability and social responsibility, 2020 plans for a fintech regulatory sandbox, management of the physical currency and tighter monetary policy.