BoG Governor appoints Second Deputy Governor Matilda Asante-Asiedu as rep on GoldBod board

On May 11, 2026, Bank of Ghana Governor Dr Johnson Pandit Asiama appointed Second Deputy Governor Matilda Asante-Asiedu as the central bank's representative on the Board of the Ghana Gold Board (GoldBod). Asiama authorized Asante-Asiedu to attend and actively participate in the board's meetings on his behalf starting from that day.

This move aims to provide continuous representation for the Bank of Ghana on the GoldBod board, especially amid questions about the Governor's role in the institution. Asante-Asiedu is also tasked with representing the bank's interests and fulfilling the rights and obligations assigned to her as a board member. The appointment comes in the wake of growing concerns and scrutiny over the Governor's membership on the GoldBod Board, particularly regarding potential conflicts of interest, especially after the Bank of Ghana ended its pre-financing of the gold purchases from July 1, 2026.

Former Finance Minister and Karaga MP Dr Mohammed Amin Adam had raised these concerns, highlighting the Bank of Ghana's past involvement in financing GoldBod's gold purchases. Notably, Asiama had resigned from the GoldBod Board about five months prior to this appointment, explaining that Ghana Gold Board Act, 2025 (Act 1140), mandates Bank of Ghana's representation on the board but does not necessitate personal attendance at its meetings.

Consequently, Asante-Asiedu's appointment serves as a bridge to ensure the central bank's ongoing representation on the GoldBod board, while the Governor remains uninvolved personally in the board's proceedings. The Governor's letter also requested the GoldBod board to accord the necessary courtesies to Asante-Asiedu, enabling her to effectively carry out her role.