Dr. Cassiel Ato Forson, the Minister for Finance, has been elected Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID).
Dr Forson takes over from Seedy K. M. Keita, the Minister of Finance and Economic Affairs, Gambia.
The appointment was made during the 23rd Annual General Meeting of the Chairman of the Board of Governors, held in Banjul, Gambia.
Though Dr. Forson could not attend the meeting in person, his message of appreciation and vision was delivered with conviction by Mr Thomas Nyarko Ampem, Deputy Minister for Finance.
Mr Ampem expressed Dr. Forson’s deep humility and appreciation for the honour bestowed upon him.
He acknowledged the significant responsibility of the role and pledged Ghana’s unwavering dedication and commitment to the mission of EBID.
“To my fellow Governors, thank you for the trust you have placed in Ghana’s leadership. I will continue to rely on your support and collaboration in the year ahead,” he added.
Dr Forson said his strategic vision and that of EBID would focus on strengthening resource mobilization to more effectively finance regional development initiatives and improving Capital Recovery by enhancing asset management and operational efficiency.
He said other area would be facilitating Non-Regional Membership to broaden the bank’s investment base and partnerships and positioning EBID as the premier Development Finance Institution in West Africa and beyond.
He emphasized that while the sub-region faced significant challenges, these also presented opportunities for transformation and growth.
“With collaborative effort and renewed purpose, EBID can play a critical role in building a prosperous and integrated West Africa,” he addrd.
Dr. Forson commended Dr. George Agyekum Donkor, President of EBID, and his team for their remarkable work in advancing the institution’s goals for regional integration and economic development.
Mr Keita, the outgoing Chairman, expressed his gratitude for the opportunity to serve as Chair of the Board and extended his full support to Dr. Forson.
He emphasized EBID’s pivotal role in promoting economic development among ECOWAS member states and voiced confidence in the new leadership to propel the Bank to greater heights.
GNA
