Skip to main content

Asiedu-Mante, former Deputy Bank of Ghana Governor is dead


 A former Deputy Governor of the Bank of Ghana, Emmanuel Asiedu-Mante, has died.

Asiedu-Mante died Monday night aged 81.

He passed on at the Bank Hospital in Accra after battling with ill health, his son, Daniel Asiedu-Mante, told Graphic Online Wednesday.

Born in June 1942, he was the Deputy Governor of the central bank from May 29, 2001 to May 31, 2006.

The junior Asiedu-Mante said the family was devastated.

It is sad but we will take it a day at a time,” he said.

“It also brings closer to this thing because we saw it coming,” he said, adding that his father had been unwell for sometime.

The son said the family was due to meet this weekend to decide on the burial and funeral arrangement.

BoG days

The late Asiedu-Mante worked with BoG for 38 years prior to his retirement in 2006 as Deputy Governor.

Also a former Chairman of the Board of Stanbic Bank Ghana Limited, he was instrumental in the introduction of the rural banking concept into the country.

He chaired the central bank’s Transitions Apex Steering Committee that was put together to formulate modalities for a regulatory regime for rural and community banks (RCBs).

The committee’s work led to the setting up of today’s ARB Apex Bank, a mini central bank for the RCBs, and the operationalisation of RCBs nation wide.

Asiedu-Mante published a book on rural banking titled ‘Rural Banking in Ghana’ in 2011.

In December last year, the Association of Rural Banks honoured him for his stellar contributions to their industry’s success at the fourth Rural Banking Excellence Awards in Koforidua.

He was also often referred to as the rural banking encyclopedia due his vast knowledge and experience on the sector.

Asiedu-Mante was also a present and revered voice on national issues, especially those pertaining to banking and the economy.

He was often featured in news articles and commentaries in the Daily Graphic and the Graphic Business.

Comments

Popular posts from this blog

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican

Rana Motors celebrates 30 years of Kia Sportage in Ghana with the unveiling of 30 Unique Limited Models

 In a bold milestone, Rana   Motors , a leading player in the automobile industry, is marking 30 years of its flagship compact   SUV , the Kia Sportage presence on the Ghanaian market with the launch of the limited special edition of the 5th Generation model. This latest edition, proudly assembled in Ghana, reflects the brand’s commitment to combining local craftsmanship with cutting-edge technology with key upgrades including acoustic laminated glass for a quieter interior and reinforced safety features like eight airbags, including rear side airbags. Speaking during a brief ceremony to unveil the 30th Anniversary of Kia Sportage in Ghana, Chief Operating Officer of Rana Motors Kassem Odaymat, described the positioning of the company as a game-changer in the automotive landscape.   To mark three decades of outstanding success, Kia has equipped a new special edition of the 2024 Sportage with enhanced specification, focusing on convenience and safety while further elevating the model’s

Index of industrial production surges to 8.2% in 2024 2nd quarter

  The Conference of Heads of Assisted Secondary Schools (CHASS) has expressed frustration over the challenges faced in securing electricity for schools across the country. During their 62nd Annual Conference, held in Tamale from October 7 to 11, CHASS voiced concerns about the impact of prepaid electricity meters on their operations. In a statement, CHASS highlighted that the use of Electricity Company of Ghana (ECG) prepaid meters in schools is worsening the financial strain on headteachers. CHASS is extremely surprised as to why its members should be burdened with the responsibility of pre-financing the supply of electricity for classrooms, libraries, dormitories, dining halls, laboratories, and other academic purposes," the statement read. CHASS called for the government's immediate intervention, urging the shift from prepaid to postpaid meters to ensure uninterrupted electricity supply. They emphasized the need for continuous power to support effective academic work and to