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IFC and Bank of Ghana Partner to Boost Performance in the Financial Sector

Accra, Ghana. October 27, 2016 – IFC, a member of the World Bank Group, and the Bank of Ghana are partnering to boost good corporate governance. The aim is to further strengthen the corporate governance practices of the financial sector to enhance performance and help Ghana’s economy grow.
This partnership will be launched with a conference to raise awareness of the need for good corporate governance practices and outline some of the activities that would form part of the project. More than 100 directors of banks and other stakeholders, including regulators, business and industry leaders, are expected to attend the event. Details are as follows:
Venue – Moevenpick Ambassador Hotel        
Date-        Tuesday, November 8, 2016        
Time -         8:30am - 12:00pm        
Speakers include Dr. Johnson P Asiama, Second Deputy Governor of the Bank of Ghana, Mr. Michael Schweiger, Head, I&TS Legal, Continental Europe at Royal Bank of Canada and Mr. Reindorf Baah Perbi, Former Deputy Senior Partner, KPMG Ghana. They will discuss strategies for improving performance through good corporate governance practices in the financial sector, possible challenges and globally tested ways of managing these challenges.
The IFC’s Corporate Governance Program is funded by the State Secretariat for Economic Affairs (SECO), Switzerland.
About SECO
SECO is Switzerland’s competence center for all core issues relating to economic policy. SECO’s economic development cooperation strives to achieve sustainable growth. Such growth is sustainable if it creates jobs, helps to increase productivity, to reduce poverty, inequalities and global risks. For more information, visit www.seco-cooperation.ch .
About BoG
The primary objective of the Bank is to maintain stability in the general level of prices and without prejudice to this objective, is also mandated to support the general economic policy of the Government and promote economic growth and effective and efficient operation of banking and credit systems in the country.  For more information visit www.bog.gov.gh .
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, IFC uses its six decades of experience to create opportunity where it is needed most. In financial year 2016, long-term investments in developing countries rose to nearly US$19 billion, leveraging its capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org
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