Ghanaian business leader and the Regional General Manager for multinational technology company IBM Africa in charge of North, East, and West Africa Angela Kyerematen-Jimoh has been named as a board member of the Bank of Ghana.
Her name forms part of the list of board members inaugurated by President Akufo-Addo. These members are responsible for formulating policies for the achievement of the Bank’s objectives
The Governing Board of the Bank of Ghana is chaired by Dr. Ernest Addison, Governor of the Bank of Ghana, with members including Dr. Maxwell Opoku-Afari, First Deputy Governor of the Bank of Ghana, Mrs. Elsie Addo Awadzi, Second Deputy Governor of the Bank of Ghana and Mr. Charles Kofi Adu Boahen, Minister of State at the Ministry of Finance.
Other members are, Dr. Kwame Owusu-Nyantekyi, Dr. Samuel Nii-Noi Ashong, Mr. Jude Kofi Bucknor, Mr. Joseph Blignam Alhassan, Mr. Andrew Adinorte Boye-Doe, Mrs. Comfort Ocran, Dr. Regina Adutwum and Professor Eric Osei Assibey.
Prior to this appointment, Angela has served as the Chief of Staff to the Senior Vice President in charge of Global Markets and Sales in IBM’s corporate headquarters in New York. She was also the first female Country Director in Africa, leading the company’s operations in Ghana.
Angela takes up this position with a wealth of experience from 20 years of extensive work in the financial services and technology industries in Africa and Europe. She has worked in various top positions in banking including UBS Investment Bank, ABM AMRO in London, and GTBank Ghana.
As the first woman and African to be appointed Regional Head of IBM in Africa and now the youngest member on the BoG’s governing board, Angela poses as an inspiration to other African women.
Angela Kyerematen-Jimoh is an alumnus of the Harvard Business School. She has been named one of Africa’s most influential women by Avance Media. Her awards include the US African Women Forum’s Global Impact Leadership Award and the prestigious African Achievers Award for Excellence in Business.
Interrogate the issue of high-interest rates in Ghana – President Nana Addo.
Speaking at a ceremony on Friday, August 20, 2021, at the Jubilee House, President Akufo Addo charged the board members to interrogate the issue of high interest rates in Ghana and how the problem should be addressed in order to enhance the competitiveness of the private sector.
“It is surely not right that the central bank’s monetary policy rate stands at 13.5 percent whiles the commercial banks lend to the private sector at 21 percent and above. This is a gap we have to break if we are to realize a vision of Ghana with economically globally competitive. I believe the Bank of Ghana is best placed to lead this process of reflection and action,” the president said.
On the banking sector, President Akufo-Addo said that he still remains encouraged by the many corporate governance measures that have been put in by the Bank of Ghana to mitigate against any future bank failures and ensure a resilient banking sector.