IMF Residentassigns Adviser to Bank of Ghana!

the regulator.

He will stay for three years, a statement from BoG said.

BoG said in the Tuesday, February 14, press release that the appointment was at the behest of BoG and will be fully funded by Switzerland’s State Secretariat for Economic A airs (SECO).

“The Adviser’s placement is a continuation of cooperation in this area between BoG, the IMF and SECO that started as early as in 2015 and had already seen the assignment of a previous Adviser until 2018.

“Achievements from the past collaborative e orts include the passage of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930), the development and issuance of the Corporate Governance Directive 2018, and the Capital Requirement Directive 2018,” the statement said.

It said the Mr Chumo brings rst-hand knowledge of supervisory work from leading central banks as well as previous techni- cal assistance experience in the Western Africa region.

It said Mr Chumo started his as signment in BoG on February 6 this year and was expected to stay for three years.

“Among others, he will support the implementation of Pillar two and three of the Basel II/III capital frameworks, as well as strengthen the Risk-Based Supervisory framework at BoG.

“BoG wishes to express its utmost appreciation to SECO for the con work and level of development championed in their respective constituencies in the year under review.

FAKS Investigative Services annually announces the performance of Ministers, Deputy Ministers, Regional Ministers, Members of Parliament, and Chief Executive O cers of State Owned Enterprises (SOEs).

Concerning Members of Parliament, FAKS said it’s team considers development in their constituencies and works in Parliament as well.

“Our team is made up of researchers, media practitioners and academia that do the assessment based on the outcome of the ndings they received.

The survey took place between the months of October and December, 2022 and it was the 11th Edition of FAKS’s project.

Respondents for the survey were civil society organizations (CSOs), teachers, students, business owners, drivers, traders, Journalists, traditional rulers and others.