National Banking College's contribution to financial sector invaluable – BoG Governor

Governor of the Central Bank, Dr. Ernest Addison, has lauded the invaluable contribution of the National Banking College (NBC) to the growth of the financial sector by offering training of human resources.

The NBC was first established on April 9, 1994, by the Bank of Ghana under the governorship of the late Dr. Godfred Agama, with support from the Ministry of Finance.

It was set up as an autonomous, non-profit-making institution, tasked with developing training programs for bankers at the professional and managerial levels.

Over the years, the college has churned out thousands of banking and non-banking professionals in the country.

In a speech read on behalf of the BoG Governor at the 30th anniversary celebration of the NBC held on April 26, 2024 the first deputy BoG governor, Dr. Maxwell Opoku-Afari, commended the college for adopting best practices.

He also commended the stakeholders and staff for their unwavering support to the college since its establishment.

“The governing council, together with the various management teams, has selflessly managed affairs at the college in line with best practices and ensured its continued growth and relevance in the industry,” Dr. Opoku-Afari said.

He stressed that despite the various challenging times within the economy, regional, and global transformations, the NBC has ensured that it has become more impactful, stronger, and resilient.

“More recently, issues that emerged from the banking sector clean-up exercise necessitated a review of NBC’s strategies to actualize its vision of becoming a world-class institution, delivering effective training in banking and finance, and thus playing a leading role in the capacity building of employees in the financial sector,” Opoku-Afari added.

The BoG Governor further encouraged the NBC to leverage on technology, and research resources to enhance its appeal as an excellent world-class learning environment that fosters growth, innovation, and success.

MA/NOQ

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