The Ghana Gold Board (GoldBod) has clarified that Bank of Ghana Governor Dr Johnson Asiama’s departure from its Board was due to his busy schedule and did not reflect any disagreement between the two institutions.
GoldBod said Dr Asiama initially opted to serve personally on the Board following the establishment of the institution but later nominated the Second Deputy Governor of the Bank of Ghana, Mrs Matilda Asante-Asiedu, to represent him.
According to GoldBod, the nomination was made on May 11, 2026, in accordance with Section 4(e) of the GoldBod Act, 2025 (Act 1140).
The provision allows the Governor of the Bank of Ghana, or a representative nominated by the Governor who is not below the rank of Director, to serve on the GoldBod Board.
The clarification follows comments by Dr Asiama at the Bank of Ghana’s Monetary Policy Committee meeting that he had resigned from the GoldBod Board about five months earlier.
GoldBod said the comments had created a “wrong impression” that the Governor’s departure was linked to a dispute with the institution or concerns about its governance.
The institution stressed that Dr Asiama’s decision was simply a change in representation, with Mrs Asante-Asiedu subsequently assuming the role on behalf of the central bank.
GoldBod maintained that the Bank of Ghana continues to be represented on its Board through the Second Deputy Governor.
It therefore rejected suggestions that Dr Asiama’s departure indicated tensions between the central bank and GoldBod, attributing the change solely to the Governor’s workload.
