Finance Minister Dr. Cassiel Ato Forson has assured that the National Investment Bank (NIB) will be repositioned to operate with the independence and professionalism it deserves, following the inauguration of a new nine-member Board of Directors.
He gave the assurance during the official inauguration ceremony held on Wednesday, July 9.
“Today, I had the honour of inaugurating the new nine-member Board of Directors for the National Investment Bank (NIB),” Dr. Forson stated.
“Under this new leadership, NIB will operate with the independence and professionalism it deserves.”
He described the moment as a turning point for the institution, as the government takes steps to strengthen the bank’s role in national development financing.
Dr. Forson further announced that the government has made a bold decision to recapitalise the bank.
“I am pleased to announce that the government has made a bold decision to recapitalise NIB,” he disclosed, adding that more details of the comprehensive recapitalisation plan would be presented during the upcoming mid-year budget review.
He extended his congratulations to the newly inaugurated board, chaired by seasoned banker Mr. Frank Adu Jnr.
The board comprises:
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Dr. Doli-wura Awushi Abdul-Malik Seidu Zakaria (Managing Director)
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Dr. Othniel Ekow Kwainoe
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Ebenezer Kwaku Addo
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Dr. Mrs. Mercy Naa Aku Ofei-Koranteng
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Dr. Shani Bashiru
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Mr. Max George Cobbina
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Dr. Kwasi Akyem Apea-Kubi
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Dr. Alfred Attuquaye Botchway
Dr. Forson expressed confidence in their collective expertise to steer the bank toward renewed relevance and national impact.
Source: Ernest Arhinful
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