Politics

Gov’t takes bold decision to recapitalize NIB

Finance Minister, Cassiel Ato Forson, PhD, has hinted at the government’s decision to recapitalize the National Investment Bank (NIB).

He says the details of the recapitalization will be provided in the mid-year budget review.

The minister made this announcement while unveiling the new board of governors for the bank on Wednesday, July 9, 2025.

He indicated that the new eight-member board will operate with the independence and professionalism it deserves.

The complete board composition includes distinguished professionals:

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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