Kofi Ahovi

 The First Deputy Governor of the Bank of Ghana (BoG), Dr. Maxwell Opoku-Afari has been inducted as a Fellow into the prestigious Ghana Academy of Arts and Sciences (GAAS). The ceremony was held on Tuesday, November 15, 2022, in the auditorium of the academy in Accra. The Vice President of the Republic of Ghana, Dr. Mahamudu Bawumia graced the occasion. Dr. Opoku-Afari was inducted into fellowship by the President of GAAS, Emeritus Professor Samuel Kofi Sefa-Dedeh, together with other distinguished scholars who have excelled in the fields of Arts and Sciences. In honour of his works over the years, a citation described Dr. Opoku-Afari’s contribution to national and economic development as significant. Dr. Maxwell Opoku-Afari, on account of your noteworthy contribution to policy-relevant research and modernization of monetary policy frameworks in low-income and developing countries, you were elected Fellow of the Ghana Academy of Arts and Sciences on 20 th October 2022. Congratulat...

  The Bank of Ghana has called on stakeholders in the financial sector to intensify collaborative efforts aimed at promoting a safe financial service industry. The Head of Fintech and Innovation at the Bank of Ghana, Kwame Agyapong Oppong, speaking on behalf of the First Deputy Governor, Dr. Maxwell Opoku-Afari, at the Regulatory Sandbox Stakeholders Engagement in Accra on Tuesday October 5, 2022, said, even though the emergence of new technology has fueled the digitalisation drive in the Ghanaian financial service industry with tremendous impact on efficiency and convenience, a lot remains to be achieved. The boundaries of financial service are becoming increasingly blurred and therefore behooves regulators and other technical and professional institutions to collaborate to promote a safe and efficient financial service industry,” Dr. Opoku-Afari urged. He cautioned that, the laissez-faire attitude to innovation and financial service delivery is unsuitable and therefore called for...