CIB, Ghana’s new Governing Council sworn into office by Education Minister

The Minister for Education in Ghana, Hon. Haruna Iddrisu, has sworn in the newly constituted Governing Council of the Chartered Institute of Bankers, Ghana (CIB Ghana). The swearing-in ceremony was held at the Ministry of Education in Accra, with Dr. Mrs. Ellen Ohene-Afoakwa, FCIB, serving as the President and Chairperson of the Council.

The Council members took the oaths of office and secrecy in line with the Chartered Institute of Bankers, Ghana Act, 2019 (Act 991). The Minister, in his address, congratulated the Council on behalf of President John Dramani Mahama and emphasized the responsibilities of the Council under the Act, including promoting professional excellence, strengthening ethical standards, and responding to emerging challenges in the banking sector.

He highlighted the importance of addressing issues such as Cybercrime, digital banking fraud, artificial intelligence, non-performing loans, regulatory compliance, and sound corporate governance. The Minister also urged the Council to consider how Ghana's improved banking resilience could be sustained through stronger governance, professional competence, and responsible banking practices.

Dr. Mrs. Ohene-Afoakwa, on behalf of the Council, expressed gratitude to President Mahama and the Minister for their trust and emphasized the Council's broader responsibility to shape the future of the banking profession in Ghana, especially in the face of technological advancements and emerging risks.

Brief written by urgent.news from Joy Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.