LIST: New 10-member GIPC board inaugurated
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has inaugurated a new 10-member governing board of the Ghana Investment Promotion Centre (GIPC), charging the members to reposition Ghana as a premier destination for foreign direct investment (FDI).
At a ceremony held on Wednesday, July 9, 2025, in Accra, the Minister emphasised the critical importance of the Centre’s mandate in fostering economic growth and job creation through quality investment.
“I am confident that you know the mandate of the board for which you have been called to serve – primarily to bring foreign direct investment into Ghana. We are looking at your law again to make it more robust, more effective and to help you achieve your mandate as reposed in you by His Excellency the president of the Republic of Ghana,” Mrs Ofosu-Adjare stated.
She further revealed that a review of the GIPC Act is under consideration to strengthen the institution’s ability to respond to current investment trends and better deliver on its objectives.
The newly sworn-in board is chaired by Akwasi Oppong-Fosu, a seasoned public servant and former Minister for Local Government and Rural Development. He pledged the board’s full support to the sector ministry and reaffirmed their commitment to national transformation.
“We do not take these responsibilities lightly. We pledge that we are committed to supporting your efforts in achieving the vision of His Excellency the president in transforming this country,” he said.
The full composition of the newly inaugurated GIPC Board is as follows:
- Akwasi Oppong-Fosu – Chairperson
- Dr Zakaria Mumuni – Member
- Dr Audrey Smock Amoah – Member
- Sampson Ahi – Deputy Minister for Trade, Agribusiness and Industry
- Thomas Nyarko Ampem – Deputy Minister for Finance
- Simon Madjie – CEO, Ghana Investment Promotion Centre
- Dr Reuben Owusu Gyamfi – Member
- John Awuah – CEO, Ghana Association of Banks
- Major Christine Naa Adoley Oko (Rtd) – Member
- Mercy Afrowa Needjan – President, Greater Accra Markets Association
The GIPC is Ghana’s lead investment promotion agency and plays a crucial role in coordinating and facilitating both foreign and domestic investments. With the new board in place, expectations are high for renewed momentum in attracting impactful investment across key sectors of the economy.