Ghana’s Finance Minister, Cassiel Ato Forson PhD has been elected as Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development.
Announcing this feat in a social media post, the Finance Minister indicated that he comes to the position with four key pillars.
1. Strengthening Resource Mobilization – to ensure that EBID is adequately financed to meet the development aspirations of our member states;
2. Improving Capital Recovery – by enhancing asset management and operational efficiency;
3. Facilitating Non-Regional Membership – to diversify our partnerships and investment base;
4. Positioning EBID as West Africa’s Premier Development Finance Institution – capable of driving transformative impact across the region and beyond”.
He indicated “These priorities reflect our collective ambition to build a more integrated and prosperous West Africa. While our region faces complex challenges, these challenges present us with the opportunity to think boldly and act decisively.”
Read His Post Below
I am deeply honoured to have been elected as Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID) during its 23rd Annual General Meeting held in Banjul, Gambia.
Although I was unable to attend the meeting in person, I was ably represented by the Deputy Minister for Finance, Hon. Thomas Nyarko Ampem, who conveyed my sincere gratitude and strategic vision on my behalf.
I express my heartfelt appreciation to my esteemed colleagues on the Board for the confidence reposed in me. This appointment is not only a personal honour but also a significant responsibility—one I embrace with humility and determination.
As Chairman, I look forward to working closely with all stakeholders to chart a path of resilience, innovation, and inclusive growth for our sub-region.
My vision for EBID rests on four key pillars:
1. Strengthening Resource Mobilization – to ensure that EBID is adequately financed to meet the development aspirations of our member states;
2. Improving Capital Recovery – by enhancing asset management and operational efficiency;
3. Facilitating Non-Regional Membership – to diversify our partnerships and investment base;
4. Positioning EBID as West Africa’s Premier Development Finance Institution – capable of driving transformative impact across the region and beyond.
These priorities reflect our collective ambition to build a more integrated and prosperous West Africa. While our region faces complex challenges, these challenges present us with the opportunity to think boldly and act decisively.
I wish to commend Dr. George Agyekum Donkor, President of EBID, and his capable team for their tireless efforts in advancing regional integration and economic development. Their work continues to lay a strong foundation for the future of our institution.
I also thank my predecessor, Hon. Seedy Keita, for his exemplary leadership and contributions to the Bank. I am grateful for his support and the legacy he leaves behind, which I intend to build upon.
I assure all member states of Ghana’s unwavering commitment to EBID’s mission and mandate. Together, we can realize the vision of a self-reliant, integrated, and economically empowered West Africa.
Let us move forward with shared purpose and renewed dedication.
