The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has called for stronger collaboration among regulators, financial institutions, technology providers and consumers to build a digital-forward financial system that improves the welfare and prosperity of Ghanaians.
Speaking at the Financial Architecture Summit 2026 in Accra on Wednesday, July 15, Dr. Asiama said the rapid evolution of technology in the financial sector requires early and coordinated engagement among key stakeholders to ensure sustainable growth and resilience.
He stressed that financial institutions must also take responsibility in shaping a modern financial ecosystem that responds to emerging opportunities and challenges.
“It also requires institutions themselves to carry their share of the responsibility,” Dr. Asiama said.
The Governor noted that the Bank of Ghana’s regulatory approach is shifting from a traditional model focused mainly on supervising individual institutions to one that considers the broader financial ecosystem.
“Our regulatory philosophy is therefore evolving from one that focuses primarily on institutional supervision to one that increasingly considers ecosystem resilience,” he explained.
According to him, modern financial supervision must go beyond assessing the health of individual institutions to examining the interconnected systems and dependencies that influence the stability of the financial sector.
“Supervision must therefore consider not only the condition of individual institutions, but also the dependencies that connect them.
This philosophy has shaped our work in three priority areas,” Dr. Asiama added.
He said the Bank remains committed to promoting innovation while ensuring that Ghana’s financial system remains safe, inclusive and capable of supporting economic development
