Ghana's Ministry of Finance inaugurated a new seven-member Governing Board for Ghana Amalgamated Trust PLC (GAT), with Dr Kwabena Donkor appointed as chairperson and Abraham Tetteh as managing director. The Deputy Minister for Finance, Thomas Nyarko-Ampem, expressed confidence in the board’s ability to deliver its mandate and framed the appointments within the government’s approach to protecting the banking sector, stating that the administration has chosen to invest in saving banks rather than spending over GHS 30 billion to collapse them. Other board members are Hon. Joseph Appiah Boateng, MP; Benjamin Dabrah; Benjamin Komla Kpodo; Kotobridja Francis Ploughman; and Hon. Nicholas Amankwah, MP. Donkor pledged that the board will work toward a financially sustainable banking sector, with a focus on profitability and delivering dividends.
Ministry of Finance (Ghana) 2025-08-13
Ghana's Ministry of Finance inaugurates seven-member governing board for Ghana Amalgamated Trust
Ghana's Ministry of Finance has appointed a new seven-member Governing Board for Ghana Amalgamated Trust PLC, chaired by Dr. Kwabena Donkor, with Abraham Tetteh as managing director. The Deputy Minister for Finance emphasized the government's strategy to invest in saving banks rather than spending over GHS 30 billion to collapse them. The board aims to ensure a financially sustainable banking sector, focusing on profitability and dividends.