CIB, Ghana’s new Governing Council sworn into office by Education Minister
The Minister for Education, Hon. Haruna Iddrisu, has sworn into office the newly constituted Governing Council of Chartered Institute of Bankers, Ghana (CIB Ghana), led by its President and Chairperson, Dr. Mrs. Ellen Ohene-Afoakwa, FCIB. At the swearing-in ceremony, held at the Ministry of Education (MOE) in Accra, nine Council members took the oaths of […]
Hon. Haruna Iddrisu, Ghana's Education Minister, recently swore in the newly formed Governing Council of the Chartered Institute of Bankers, Ghana (CIB Ghana). The swearing-in took place at the Ministry of Education in Accra, with nine council members taking the oaths of office and secrecy, as mandated by the Chartered Institute of Bankers, Ghana Act, 2019 (Act 991).
Hon. Iddrisu congratulated President John Dramani Mahama and the Council on their appointment, urging them to uphold professional excellence, ethical standards, and respond to emerging banking challenges in Ghana. He emphasized the Council's responsibilities under Act 991, such as regulating professional banking practices, setting knowledge and conduct standards, administering professional examinations, and promoting continuing professional development (CPD).
The Minister expressed concerns about cybercrime, digital banking fraud, and artificial intelligence's potential impact on banking fraud. He also called for greater attention to non-performing loans, regulatory compliance, and sound corporate governance, stressing that ethics should remain central to banking practice. Dr. Mrs. Ellen Ohene-Afoakwa, FCIB, president of the Council, expressed gratitude to President Mahama and the Minister for their confidence in the Council.
She emphasized the Council's role in shaping the future of Ghana's banking profession, focusing on strengthening professional standards, advancing digital finance capabilities, promoting good governance and ethical leadership, and creating pathways for the next generation of banking professionals. The Council has already incorporated cybersecurity, virtual assets, data analytics, and green finance into its curriculum.
CIB Ghana's CEO, Mr. Robert Dzato, FCIB, reiterated the Institute's commitment to strengthening continuing professional development, emphasizing leadership, soft and digital skills, and addressing emerging industry challenges such as digital assets, artificial intelligence, fraud prevention, and public trust.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
