Ghana's Finance Minister Takes Helm At Ebid

Ghana's Minister of Finance, Dr. Cassiel Ato Baah Forson, has been appointed Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development EBID. His leadership comes at a critical time for the regional bank as it scales up efforts to finance infrastructure, promote economic integration, and attract new partners.

In a unanimous decision made during the 23rd Ordinary Session of the ECOWAS Bank for Investment and Development's EBID Board of Governors, Ghana's Minister of Finance, Honourable Dr. Cassiel Ato Baah Forson, was named Chairman of the Bank's highest governing body. The session was held on 14 April 2025 in Banjul, The Gambia.

Dr. Forson takes over from Honourable Seedy Keita, Minister of Finance and Economic Affairs of The Gambia, who has served with distinction. The appointment reflects both Ghana's rising profile within the ECOWAS region and the trust placed in Dr. Forson's economic leadership.

The Board of Governors, which oversees EBID's management and governance, comprises the Ministers of Finance or Planning of all fifteen ECOWAS Member States. As the new Chair, Dr. Forson assumes a central role in guiding the Bank's strategic course and institutional development over the coming year.

Founded in 1975 under the ECOWAS Fund, EBID is the financial engine of the Economic Community of West African States ECOWAS. Its mission is to promote regional integration and development through investment in infrastructure, energy, agriculture, private sector growth, and other socio-economic projects.