President Mahama inaugurates board for Exim Bank                    

President Mahama has inaugurated a nine member Board of Directors for the newly established Ghana EXIM Bank.

The bank is among other things expected to move the country from an import-dependent one to a large-scale exporter as it will provide funding to exporters.

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This will also help to bridge the imbalances that had over the years, been registered in the country’s trade and infrastructural development.

The board is chaired by Professor Richard Bani of the University of Ghana and includes Mrs. Pearl Esua- Mensah, formerly of UT Bank, Joseph Enimil- Armah of Enimil Group of Companies, and Nana Dr. Apiagyei Dankawaso of the Ghana Chamber of Commerce and Industry.

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Other members of the board are Dr. Johnson P. Asiama, Second Deputy Governor of the Bank of Ghana, James Tiigah of the Ghana Export Promotion Authority, Emmanuel Mammara of the Ministry of Trade and Samuel Arkhurst of the Ministry of Finance.

The Acting Chief Executive of the Exim Bank is Dr. Barfour Osei.

By: Citibusinessnews.com/Ghana