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August 5, 2026
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CIB Ghana, BoG deepen partnership to strengthen banking sector as institute’s new governing council calls on Central Bank Governor
Money
Policy
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Key Points
- The Bank of Ghana (BoG) and the Chartered Institute of Bankers (CIB Ghana) have committed to deepening collaboration, strengthening ethics, and professionalism for a more resilient banking sector.
- The meeting introduced CIB Ghana's new leadership and focused on critical issues including customer protection, cybersecurity, fraud prevention, digital assets, and the role of AI and quantum computing in banking.
- CIB Ghana briefed the Governor on initiatives like the Branch CEO Programme, ethics certification, and fraud campaigns aimed at developing competent and ethical professionals.
- The new CIB Ghana President, Dr. Ellen Ohene-Afoakwa, outlined plans to enhance ethics, rebuild the Bankers’ House, and host the 2028 World Conference of Banking Institutes (WCBI) in Accra.
- The Governor challenged CIB Ghana to extend its ethics and capacity building programmes to community banking and the wider financial ecosystem to ensure rigor and trust.
Why This Matters
This collaboration is crucial for Ghana as it directly addresses the stability and integrity of its financial sector, a cornerstone of the economy. By strengthening ethics, professionalism, and cybersecurity, it builds public trust, mitigates financial risks like fraud, and prepares the banking industry for future technological advancements, all vital for sustainable economic growth and Ghana's reputation on the global stage.
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