President John Dramani Mahama has sworn in Matilda Asante-Asiedu as the second deputy governor of the Bank of Ghana.
The swearing-in ceremony took place on Friday, May 2, 2025, at the seat of government, witnessed by members of the central bank’s board and top government officials.
Addressing the gathering, President Mahama described the appointment as part of a broader agenda to reset national institutions and promote values of merit, transparency, and public service.
“This event is more than just a procedural formality,” the President stated. “It reflects our collective resolve to restore professionalism, integrity and competence to one of our nation’s most important institutions. The Bank of Ghana is not just a regulator, it is a symbol of our economic sovereignty and a guardian of public confidence in our financial system.”
President Mahama praised the central bank’s current leadership for progress made in economic recovery. “Inflation, while still high, is moderating. The Ghana cedi has appreciated… a remarkable reversal of last year’s volatility,” he noted, attributing these gains to sound monetary policy and improved coordination with fiscal authorities.
President Mahama welcomed Mrs. Asante-Asiedu, highlighting her strong background in banking and institutional reform.
“She brings a proven track record in stakeholder management and financial inclusion. Her appointment comes at a defining moment,” the President said. “Your success will depend not only on your technical acumen but also on your ability to communicate clearly, lead decisively and act with integrity.”
Mahama also reminded all that central banking must remain connected to the real economy. “The numbers are not just statistics… These are the lives behind the numbers.”
Meanwhile, President Mahama has also addressed criticism surrounding Matilda Asante-Asiedu’s appointment as the second deputy governor of the Bank of Ghana.
He emphasized that her selection was based on her strong qualifications and the crucial role she will play in restoring professionalism and public trust in the institution.
He recounted a specific instance where her expertise was questioned, with someone suggesting she was merely a “corporate communications person.”
“When the announcement was made, I received a lot of messages and pushback. One of them, in particular, said, ‘Mr. President, this time you got it wrong. How can you appoint a corporate communications person—a journalist—as Second Deputy Governor?’ All I did was forward Matilda’s CV to him. He texted back saying, ‘I’m sorry. All the while you were at Access Bank, we thought you were doing corporate communications. We didn’t realize you had transitioned fully into core banking.”
