In a significant milestone for Ghana’s financial leadership on the regional stage, Ato Forson has been elected as the new Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID), Accra Street Journal reports.
Finance Minister, Dr. Cassiel Ato Forson, has been elected Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID).
The announcement was made during the bank’s 23rd Annual General Meeting held in Banjul, Gambia.
Though unable to attend in person, Dr. Forson was represented by Deputy Finance Minister Thomas Nyarko Ampem, who conveyed his appreciation and outlined his vision on his behalf.
I am deeply honoured to have been elected as Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID) during its 23rd Annual General Meeting held in Banjul, Gambia.
Although I was unable to attend the meeting in person, I was ably represented… pic.twitter.com/cTYmtA4WE5
— Cassiel Ato Forson(PhD) (@Cassielforson) April 14, 2025
In a post on X (formerly Twitter), Dr. Forson expressed deep gratitude for the confidence placed in him by his colleagues. “This appointment is not only a personal honour but also a significant responsibility—one I embrace with humility and determination,” he stated.
The Finance Minister laid out four strategic pillars to guide his tenure:
- Strengthening Resource Mobilization to ensure EBID can effectively support development across member states.
- Improving Capital Recovery through better asset management and operational efficiency.
- Facilitating Non-Regional Membership to diversify partnerships and investment sources.
- Positioning EBID as West Africa’s Premier Development Finance Institution, capable of driving transformational regional growth.
Dr. Forson praised the leadership of EBID President Dr. George Agyekum Donkor and thanked his predecessor, Seedy Keita, for his service.
He reaffirmed Ghana’s commitment to EBID’s mission, stressing that the region’s challenges offer opportunities for bold and collaborative action.
“As Chairman, I look forward to working closely with all stakeholders to chart a path of resilience, innovation, and inclusive growth for our sub-region,” Dr. Forson stated.
Last Updated on April 15, 2025 by samboad
