Finance Minister Dr. Cassiel Ato Forson has inaugurated a new nine-member board for the National Investment Bank (NIB) and announced a significant government decision to recapitalize the bank.
During the inauguration ceremony, Dr. Ato Forson acknowledged past political interference in NIB but stated that this would no longer be the case. “NIB was turned into a political football. But that ends now,” he declared.
The Finance Minister revealed plans for the government’s bold decision to recapitalize NIB, with further details to be disclosed during the upcoming mid-year review.
The newly appointed board is chaired by Mr. Frank Adu Jnr., who expressed gratitude to the Finance Minister and requested continued support to improve the bank’s fortunes.
The full board includes Managing Director Dr. Doli-wura Awushi Abdul-Malik Seidu Zakarai, 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, and Dr. Alfred Attuquaye Botchway.