BoG, CIB Ghana pledge stronger collaboration on ethics, banking resilience

The Bank of Ghana (BoG) and the Chartered Institute of Bankers Ghana (CIB Ghana) have pledged their shared commitment to deepen collaboration and strengthen ethics and professionalism to ensure a more resilient and trusted banking sector.Local news alerts

The commitment was made when the Governing Council of CIB Ghana paid a courtesy visit on the Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, on Friday, July 31, 2026, at the Bank Square in Accra. The visit also served as an opportunity to formally introduce the institute's new leadership and to express appreciation for the Governor's leadership of the banking industry and his support for the Institute.

The engagement focused on the need to raise the standard of ethics and professionalism, customer protection, and cybersecurity and fraud prevention. Discussions also covered digital assets, banking sector reforms, the future of technology, and the role of AI and quantum computing in defining the future of banking.

Both institutions underscored the importance of closer collaboration in addressing emerging risks and strengthening the standards and human capital required to sustain confidence in the banking sector.

The Governing Council briefed the Governor on key CIB Ghana initiatives, including the Branch CEO Programme, the Chartered Banker for Executive Leadership Programme, banking industry-wide ethics certification and fraud campaigns, and research. These initiatives form part of the Institute's commitment to developing competent, ethical and future-ready professionals for Ghana's financial services industry.

The incoming President of CIB Ghana, Dr Ellen Ohene-Afoakwa, outlined a vision to dial up ethics and professionalism, rebuild the Bankers' House and host a truly World Conference of Banking Institutes. Ghana is set to host the 2028 edition of the World Conference of Banking Institutes in Accra. The event is expected to provide an important platform for Ghana to showcase its banking sector, professional education ecosystem, contribution to global banking development, and how the future of banking is being redefined in Africa.

On his part, the Governor said that as expected of the health sector, those working in the banking sector must demonstrate competence, professionalism and ethical conduct. He commended CIB Ghana's support for the efforts of the Bank, the Ghana Association of Banks and other stakeholders of the banking sector to combat fraud and emerging risks that threaten the foundation of trust.Ghana economic reports

Nissan Ghaan

He also outlined the Bank's efforts to ensure rigour of verifications in the banking sector and to ensure the success of community banking reforms. He challenged the Institute to extend its programmes of ethics and capacity building to the community banking and the wider financial ecosystem.

The meeting reaffirmed the shared commitment of CIB Ghana and the Bank of Ghana to building a sound, resilient, ethical and trusted banking sector that supports sustainable economic growth.

SOURCE:GRAPHIC BUSINESS