Finance Minister Dr Cassiel Ato Forson has officially inaugurated the newly constituted 13-member Board of Directors of the Ghana Gold Board (GoldBod), describing the institution as central to Ghana’s broader economic transformation agenda.
Speaking at the inauguration ceremony on May 19, Dr Forson congratulated the board members on behalf of President John Dramani Mahama and urged them to “deliver on their critical mandate to help strengthen Ghana’s gold trade, improve transparency, and support our broader economic recovery efforts.”
Dr Forson emphasised that Ghana’s renewed focus on gold is already bearing fruit, pointing to the impressive performance of the Ghanaian cedi on the global market.
“As of May 13, 2025, the Ghana cedi has appreciated by 16.7% against the US dollar, making it the world’s best performing currency so far this year,” he said.
He attributed this turnaround to “strong coordination between monetary and fiscal policy, improved inflows from gold, cocoa and remittances, and firm discipline in managing the public purse.”
The Minister noted that the establishment and operationalisation of the GoldBoD will play a crucial role in sustaining the gains made in the economy and ensuring that Ghana’s natural resources are better harnessed.
“The Ghana GoldBoD will be key to sustaining this progress and ensuring the sector contributes even more meaningfully to our economic transformation,” he stated, adding that the government expects transparency, efficiency, and integrity in the board’s operations.
Expressing confidence in the leadership of the new board, Dr Forson said, “I am confident the new board, under the able leadership of Mr Kojo Fynn, will discharge its duties with integrity, professionalism, and a deep sense of national responsibility.”
He concluded by calling for a collective effort to build a stronger, more resilient economy, saying, “Let’s continue building a stronger, more resilient economy together.”
Members of the Ghana Gold Board are as follows:
1. Mr. Kojo Fynn – Chairperson
2. Mr. Samuel Gyamfi – Ag. CEO of the Gold Board / Member
3. Hon. Emmanuel Armah Kofi Buah – MP, Minister for Lands and Natural Resources / Member
4. Hon. Thomas Nyarko Ampem – MP, Deputy Minister for Finance / Member
5. Dr. Johnson Asiama – Governor, Bank of Ghana / Member
6. Mr. Nelson Ahedor – Representative, Minerals Commission / Member
7. Mr. Christopher Opoku Nyarko – Representative, Ghana Chamber of Mines / Member
8. Mr. Godwin Nichelson Armah – Representative, Ghana Small Scale Miners Association / Member
9. Mr. Kwaku Effah Asuahene – Representative, Chamber of Bullion Traders / Member
10. Hon. Shaibu Mahama – MP for Daboya/Mankarigu, President’s Nominee / Member
11. Dr. Abdul Baasit Aziz-Bamba – Senior Lecturer, UG School of Law, President’s Nominee / Member
12. Ms. Marrietta Brew Appiah-Oppong – Legal Counsel to the President, President’s Nominee / Member
13. Nana Ama Amissah III – Paramount Queen Mother, Mankessim Traditional Area, President’s Nominee / Member
