New BoG HQ to boost reform capacity and investment climate – Akufo-Addo
President Akufo-Addo Commissions New Bank of Ghana Headquarters
President Nana Addo Dankwa Akufo-Addo has emphasized the pivotal role of the newly commissioned Bank of Ghana Headquarters in advancing financial sector reforms and fostering a conducive investment climate.
Speaking at the inauguration ceremony in Accra on November 20, 2024, President Akufo-Addo hailed the state-of-the-art facility as an architectural marvel and a testament to Ghana’s financial strength and stability. He highlighted its significance in modernizing the Central Bank’s operations to better address the dynamic demands of the global financial landscape.
“This remarkable edifice is a testament to the Bank of Ghana’s vision, maturity, and enduring relevance. It symbolizes financial strength and stability while reflecting Ghana’s commitment to institutional modernization in a rapidly changing world,” President Akufo-Addo stated.
He noted that the new headquarters would bolster the Central Bank’s capacity to implement critical reforms, strengthen regulatory frameworks, and attract both domestic and international investments, contributing to the nation’s economic resilience.
The facility, dubbed the “Bank Square,” is designed to improve the operational efficiency of the Bank of Ghana and support its mission to ensure economic stability and growth.
Dr. Ernest Addison, Governor of the Bank of Ghana, expressed appreciation to the government for its support and reaffirmed the institution’s dedication to promoting financial stability. He described the headquarters as a tool to better serve stakeholders and the Ghanaian public while enhancing the bank’s operational capabilities.
“The Bank Square will enable us to deliver more effectively on our mandate of maintaining a stable and efficient financial system. Its modern facilities are equipped to meet the demands of a progressive financial sector,” Dr. Addison said.
The commissioning ceremony was attended by key figures from the financial sector, government officials, and members of the diplomatic community, marking a milestone in Ghana’s pursuit of economic growth and institutional modernization.
