President Mahama Appoints New Governing Board for Ghana Investment Promotion Centre
President Mahama Appoints New Governing Board for Ghana Investment Promotion Centre
President Mahama Appoints New Governing Board for Ghana Investment Promotion Centre
Accra, Ghana – July 14, 2025
President John Dramani Mahama has appointed a new 10-member Governing Board for the Ghana Investment Promotion Centre (GIPC) to guide its strategic direction and boost its role in fostering economic growth and investment in Ghana. The appointment was made in line with the GIPC Act and after consultations with the Council of State.
The board, chaired by former Minister of State, Mr. Akwasi Oppong-Fosu, consists of notable individuals from various sectors, including finance, industry, and academia. Other members include.
1.Deputy Governor of the Bank of Ghana: Dr. Zakaria Mumuni
2.Director General of the National Development Planning Commission: Dr. Audrey Smock Amoah
3.Deputy Minister for Trade, Agribusiness, and Industry: Hon. Sampson Ahi
4.Deputy Minister of Finance: Thomas Nyarko Ampem
5.CEO of GIPC: Mr. Simon Madjie Esq.
6.CEO of the Ghana Association of Banks: John Awuah
7.President of the Greater Accra Markets Association: Mercy Afrowa Needjan
8.Dr. Reuben Owusu Gyamfi
9.Member: Major Christine Naa Adoley Oko (Rtd).
The appointment underscores the government’s ongoing dedication to boosting investor confidence, strengthening institutional leadership, and driving Ghana’s industrial transformation. During the inauguration ceremony in Accra, the Minister of Trade, Agribusiness, and Industry (MOTAI), Hon. Elizabeth Ofosu-Adjare, emphasized the Centre’s key role in promoting employment and economic growth through strategic Foreign Direct Investment (FDI) initiatives.
:Key Highlights of the Appointment:
The new board will provide strategic advice to the GIPC to attract and retain foreign direct investment. The GIPC plays a crucial role in facilitating investment projects, providing investor support services, and advocating for policies that enhance the investment climate in Ghana.
The review of the GIPC Act highlights the government’s commitment to establishing a more resilient and investor-friendly regulatory framework.
Chairperson of the Board, Mr. Akwasi Oppong-Fosu, committed the Board to supporting MOTAI in realizing the President’s vision of a transformed Ghanaian economy through strategic investment promotion.
The CEO of GIPC, Mr. Simon Madjie, described the inauguration of the Board as a significant milestone for the Centre and expressed confidence that their collective expertise will propel the Centre’s efforts to attract substantial foreign investments, fostering economic growth and job creation.
