The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated a newly constituted nine-member Board of Directors for the National Investment Bank (NIB).
In a Facebook post on Wednesday, July 9, Dr. Forson described the inauguration as a crucial step toward revitalising the state-owned financial institution.
According to him, the new board is expected to ensure professionalism in its dealings, reinforcing the government’s commitment to strengthening NIB’s structure and performance.
The Minister revealed that the government has also made a firm decision to recapitalise the bank.
The new board will be chaired by Frank Adu Jnr., who also assumes the role of Managing Director of the bank.
The full composition of the new NIB board is as follows:
- Dr. Doli-wura Awushi Abdul-Malik Seidu Zakarai – Managing Director
- Hon. Dr. Othniel Ekow Kwainoe
- Ebenezer Kwaku Addo
- Dr. Mrs. Mercy Naa Aku Ofei-Koranteng
- Dr. Shani Bashiru
- Max George Cobbina
- Dr. Kwasi Akyem Apea-Kubi
- Dr. Alfred Attuquaye Botchway
Dr. Forson congratulated the board members and expressed confidence in their capacity to reposition NIB for a more stable and impactful future in Ghana’s banking sector.
