The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated a new nine-member Board of Directors for the National Investment Bank (NIB), signalling a new phase of leadership and renewed government commitment to strengthening the state-owned bank.
In a post shared on Facebook, the Minister announced that under the new leadership, NIB is expected to operate with the “independence and professionalism it deserves.”
As part of efforts to revitalise the bank, the government has also made a bold decision to recapitalise the institution. “Fuller details of this comprehensive recapitalisation plan will be unveiled during our upcoming mid-year review,” the Minister stated.
The newly inaugurated board is chaired by Mr. Frank Adu Jnr, who has also been appointed as the Managing Director of the bank. The Finance Minister described his appointment as a move that brings “fresh leadership to the institution.”
The full list of board members includes:
- Dr Doli-wura Awushi Abdul-Malik Seidu Zakarai (Managing Director)
- Hon. Dr Othniel Ekow Kwainoe
- Hon. Ebenezer Kwaku Addo
- Dr Mrs Mercy Naa Aku Ofei-Koranteng
- Dr Shani Bashiru
- Mr Max George Cobbina
- Dr Kwasi Akyem Apea-Kubi
- Dr Alfred Attuquaye Botchway

Dr Forson congratulated the new board and expressed optimism that the reforms would reposition NIB for growth and sustainability.
Source: Starrfm.com.gh