News
Sylvester Mensah appointed Acting GEXIM CEO
President John Dramani Mahama has appointed Hon. Sylvester Adinam Mensah as the Acting Chief Executive Officer of the Ghana Export – Import Bank (GEXIM).
He will be leading the Bank to achieve its mandate to support the Government of Ghana’s quest for a feasible and sustainable export led economy in accordance with the Ghana Export-Import Bank Act 2016 (Act 991).
In that role, he will be responsible for the Bank’s effort in facilitating the transformation of Ghana’s economy into an export led one by supporting and developing trade between Ghana and other countries, overseas investments by Ghanaian Companies and eliminate critical market failures in the Ghanaian economy thereby making Ghana competitive in the global marketplace.
Sylvester Adinam Mensah is an accomplished finance professional and former senior banker, renowned for his expertise in public sector banking, fund management, strategic financial management, and governance.
He is a Fellow of the Institute of Business Consulting (FIBC), UK, and a Certified Strategy Professional with a proven track record of delivering innovative strategies and financial solutions.
As Head of Public Sector Banking at the then Intercontinental Bank (Ghana) Ltd, he led the development of credit risk criteria and robust credit acceptance frameworks.
Mr.Mensah provided strategic investment and business advisory services to diverse public sector clients, among others.
He served as a Member of Parliament for the La Dadekotopon Constituency and later as Chief Executive of the National Health Insurance Authority (NHIA), where he also managed the NHIA fund.
He reformed and expanded Ghana’s Health Insurance Scheme, introducing a range of policies to enhance efficiency.
Mr.Mensah is currently a Senior Lecturer at the University of Professional Studies, Accra (UPSA), and an Adjunct Lecturer at the Nobel International Business School, where he is a faculty member of the Certified Strategy Professional (CSP) programme.
Sylvester Mensah holds Bachelor of Science Degree from the University of Ghana Business School, and an MBA in Finance from the University of Leicester in the UK. He also holds a number of diplomas and certificates from various distinguished universities abroad.
With over two decades of experience in providing both practical and academic instruction in Corporate Strategy, Strategic Management, and Strategy Execution, he possesses the financial and managerial acumen to lead and transform Ghana Export – Import Bank.
The Diaspora Affairs Office at the Office of the President has hosted a delegation of African diaspora women who are in Ghana ahead of a planned Presidential Conferment of Citizenship ceremony.
The Director of Diaspora Affairs, Kofi Okyere Darko, explained in a Facebook post that the visit was a gesture of appreciation by the delegation to the Government of Ghana for its continued efforts to reconnect Africans in the diaspora with their ancestral homeland.
He indicated that the ceremony, scheduled for next Monday, will officially grant Ghanaian citizenship to members of the delegation as part of the country’s broader engagement with the African diaspora.
The delegation was led by Erica Bennett, Founder of the Diaspora Africa Forum.
According to Mr Okyere Darko, her years of advocacy have played an important role in strengthening ties between Africa and people of African descent living abroad.
He noted that the group’s journey towards citizenship represents not only a legal process but also a cultural and spiritual return to their roots.
Also present at the meeting was Natalie Jackson, an attorney who is also expected to receive Ghanaian citizenship during the ceremony. She works closely with renowned civil rights lawyer Ben Crump.
Mr Okyere Darko emphasised that Ghana remains committed to strengthening relationships with the African diaspora and promoting unity, identity, and shared heritage among people of African descent worldwide.
By: Jacob Aggrey
Ghana has signed a debt restructuring agreement with the Kingdom of Belgium as part of efforts to restore the country’s economic stability after the financial crisis that hit the nation in 2022 and 2023.
The Minister of Finance, Cassiel Ato Forson, today disclosed that he signed the agreement on behalf of the Government of Ghana.
He explained that Ghana experienced a very difficult period during the crisis, which forced the government at the time to declare a debt default.
However, he indicated that the country is now recovering and witnessing a significant economic turnaround.
According to him, stronger systems are also being put in place to ensure that Ghana does not return to such a situation again.
Dr Forson noted that the agreement with Belgium is the eighth deal Ghana has concluded with countries under the Official Creditor Committee as part of its external debt restructuring programme.
He expressed appreciation to the Government of Belgium for its support and partnership with Ghana during the process.
The Finance Minister thanked Carole van Eyll, Ambassador of Belgium to Ghana, for her role in strengthening relations between the two countries.
The agreement forms part of Ghana’s broader effort to restructure its external debts and stabilise the economy following the crisis.
By: Jacob Aggrey
