The Deputy Minister for Finance, Thomas Ampem Nyarko, has officially inaugurated the new Board of the Ghana Deposit Protection Corporation (GDPC), reinforcing the government’s commitment to safeguarding the deposits of Ghanaians and boosting public trust in the financial sector.
Speaking at the inauguration ceremony, Mr. Nyarko highlighted the vital role of the GDPC in protecting small depositors and enhancing the stability of the financial system.
He emphasized that the Corporation’s mandate is essential to preventing bank failures from eroding public confidence and threatening economic resilience.
The newly inaugurated Board is chaired by Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana. Other members include Mr. Galahad Alex Andoh, Chief Executive Officer of the GDPC; Mr. Prosper Ayinbilla Awuni, representing the Ministry of Finance; Mr. Benjamin Amenumey; and Mr. Paul Kwasi Agyemang.
Dr. Asiama, on behalf of the Board, expressed appreciation to His Excellency the President, John Dramani Mahama, and the Minister for Finance, Dr. Cassiel Ato Forson, for the trust placed in their leadership.
He assured stakeholders of the Board’s dedication to effective governance and strategic oversight.
“The Board will prioritize transparency, good governance, and the adoption of modern tools to advance the Corporation’s operations,” Dr. Asiama said.
He further disclosed plans to leverage Artificial Intelligence (AI) and integrate Environmental, Social, and Governance (ESG) principles into the GDPC’s framework.
“These strategies are aimed at not just improving operational efficiency but also ensuring that the Corporation remains responsive to evolving financial challenges and societal expectations,” he added.
Story By: Nana Antwi Boasiako
