Finance Minister Inaugurates Board Members of GoldBoD, Hails Cedi’s Global Gains

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has inaugurated a newly constituted 13-member Board of Directors for the Ghana Gold Board (GoldBoD), tasking them to advance the country’s gold trade and support ongoing economic recovery efforts.

At a ceremony in Accra, Dr. Forson conveyed congratulations on behalf of President John Dramani Mahama and charged the board to prioritise transparency, sector efficiency, and long-term transformation of Ghana’s mineral wealth.

“Our strategic focus on gold is already yielding positive results,” Dr. Forson said. “As of May 13, 2025, the Ghana cedi has appreciated by 16.7% against the US dollar, making it the best-performing currency in the world so far this year.”

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The Minister attributed the currency’s resurgence to improved coordination between fiscal and monetary policy, disciplined public spending, and increased inflows from gold.

He noted that the Ghana GoldBoD will play a pivotal role in sustaining this momentum and ensuring the gold sector contributes more significantly to the nation’s economic transformation.

The new board is chaired by Mr. Kojo Fynn, who is expected to lead the team with integrity and professionalism.

Dr. Forson ended with a call for collective commitment: “Let’s continue building a stronger, more resilient economy together.

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