President Akufo-Addo on Wednesday, November 20 commissioned the new headquarters of the Bank of Ghana in Accra.
The new headquarters, dubbed “The Bank Square,” is a $250 million project.
In his address, President Akufo-Addo lauded the Bank of Ghana for its vision in creating a facility to enhance its operations. He described the headquarters as a pivotal step in modernising the nation’s financial infrastructure.
“This new headquarters will serve as the command centre for the Bank of Ghana’s operations. It is designed to foster innovation, collaboration and excellence in the bank’s service to the nation,” he remarked.
The President emphasized that the facility would enhance the bank’s ability to implement critical financial reforms, strengthen regulatory frameworks, and improve the investment climate for both local and international stakeholders.
“It is a testament to Ghana’s commitment to economic stability and our aspirations to position ourselves as a financial hub in the region,” he added.
The BoG governor provided insight into the strategic purpose of the new headquarters, emphasizing its role in consolidating the bank’s operations.
“The Bank of Ghana has multiple offices in Accra. This new facility allows us to bring all these operational units under one roof, streamlining our processes, improving communication and creating cost efficiencies,” Dr Addison said.
He highlighted the headquarters’ design as a forward-thinking project aimed at meeting the demands of a dynamic global financial environment.
“This building is more than just a structure; it stands as a modern civic landmark and represents Ghana’s identity as a leader in Africa’s financial ecosystem. It enables us to harmonise operations and align with our modernisation strategy,” he noted.
Dr Addison also emphasized the significance of the facility in fostering synergies that enhance the bank’s capacity to regulate, innovate, and serve the financial community effectively.
Both leaders reiterated the broader impact of the new headquarters, framing it as a symbol of progress and a catalyst for growth in Ghana’s financial sector. The cutting-edge facility is expected to strengthen the country’s ability to adapt to global financial trends and provide a robust foundation for economic development.
