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Thursday, December 5, 2024
HeadlineFormer Deputy BoG Governor, Emmanuel Asiedu, dies at age 81

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Former Deputy BoG Governor, Emmanuel Asiedu, dies at age 81

Former Deputy Governor of the Bank of Ghana, Emmanuel Asiedu-Mante, has passed away.

The 81-year-old is said to have to died on Monday night while at the Bank;s hospital in Accra. Prior to his demise, he battled with an illness.

Born in June 1942, he was the Deputy Governor of the central bank from May 29, 2001 to May 31, 2006.

Daniel Asiedu-Mante, son of the deceased while speaking to the media said “it is sad but we will take it a day at a time.”

The son said the family was due to meet this weekend to decide on the burial and funeral arrangement.

The late Asiedu-Mante worked with BoG for 38 years prior to his retirement in 2006 as Deputy Governor.

Also a former Chairman of the Board of Stanbic Bank Ghana Limited, he was instrumental in the introduction of the rural banking concept into the country.

He chaired the central bank’s Transitions Apex Steering Committee that was put together to formulate modalities for a regulatory regime for rural and community banks (RCBs).

The committee’s work led to the setting up of today’s ARB Apex Bank, a mini central bank for the RCBs, and the operationalisation of RCBs nation wide.

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