Dr. Cassiel Ato Forson Inaugurates 9-Member Board of Directors for NIB

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Hon. Dr. Cassiel Ato Forson, Ghana’s Finance Minister, has inaugurated a 9-member Board of Directors for the National Investment Bank (NIB).

The inauguration of the new board took place on Wednesday, July 9, 2025, in Accra.

Dr. Ato Forson extended his congratulations to the newly inaugurated board, led by Mr. Frank Adu Jnr, who has been appointed as Managing Director.

The other members of the board are as follows:

• 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

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In his brief address, the Finance Minister emphasized the government’s confidence in the new members selected for the NIB Board of Directors. He stated that under this new leadership, NIB will operate with the independence and professionalism it deserves.

Dr. Ato Forson also announced that the government has made a bold decision to recapitalize NIB. He further stated that full details of this comprehensive recapitalization plan will be unveiled during the upcoming mid-year review.

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