Kwame Pianim holds up Fidelity Bank as a model of sound governance and Ghanaian leadership
Veteran Economist and Investment expert Mr Kwame Pianim has commended Fidelity Bank Ghana, the nation’s largest privately owned Ghanaian bank, as an example of sound governance, credible succession, and homegrown ownership.
Veteran economist and investment expert Mr. Kwame Pianim praised Fidelity Bank Ghana as a model of sound governance, credible succession, and homegrown ownership. He emphasized that Ghana's economy needs to maintain its recovery and develop a more resilient capital market. During a panel discussion on the macro-environment at Fidelity Bank's Debt Capital Markets Conference in Accra, Mr. Pianim commended the bank for organizing the conversation, calling it timely and necessary.
Reflecting on his five decades of observing Ghana's economic cycles, he cautioned against complacency, urged fiscal discipline, and advocated for stronger institutions and guardrails. When asked about his advice to issuers considering the capital market, Mr. Pianim highlighted the importance of honesty, accurate financial information, and a solid succession plan, citing Fidelity Bank's orderly leadership transition as proof of institutional maturity.
He argued that Ghana must strengthen domestic sources of capital, such as pension funds, insurance pools, and the nation's own institutions, and increase Ghanaian ownership in the financial sector, claiming that this will allow the country to thrive in its own interests rather than following others' lead.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
