Accra witnessed a landmark moment on November 20, 2024, as President Nana Addo Dankwa Akufo-Addo officially commissioned The Bank Square, the state-of-the-art new headquarters of the Bank of Ghana.
The imposing architectural marvel, located in the heart of the capital, is poised to become a symbol of the nation’s economic strength and a beacon of financial innovation.
Addressing a distinguished audience, President Akufo-Addo lauded the new edifice as a testament to the Bank’s enduring relevance and commitment to modernizing Ghana’s financial institutions. He emphasized the historical significance of the Bank of Ghana, established in 1957 at the dawn of the country’s independence, as a custodian of Ghana’s monetary stability and economic resilience.
“The Bank Square is a declaration of intent,” President Akufo-Addo stated. “It embodies the resilience of our institutions and the aspirations of our people.” He noted that the facility represents not just a physical structure but a hub for financial collaboration, policy innovation, and sustainable practices. Designed with cutting-edge technologies and eco-friendly features, the edifice underscores Ghana’s commitment to building responsibly for future generations.
The journey to this momentous achievement, President Akufo-Addo revealed, was driven by the growing demands and complexities of the Bank’s operations over six decades. The old headquarters, while historically significant, had become inadequate. This new complex, crafted by Ghanaian architectural powerhouse GoldKey Properties under the leadership of Kwaku Bediako, signals a transformative era for the Bank of Ghana.
The Bank Square’s commissioning marks a broader vision of progress. It reflects Ghana’s ambitions to position itself as a regional financial powerhouse. With facilities designed to meet international standards, the new headquarters will bolster the Bank’s ability to implement reforms, enhance regulatory frameworks, and attract investments.
President Akufo-Addo extended his gratitude to Governor Ernest Addison, Deputy Governors Maxwell Opoku-Afari and Elsie Awadzi, and the entire staff of the Bank of Ghana for their professionalism and dedication. He also acknowledged the architects, engineers, and contractors whose creativity and expertise made this iconic structure a reality.
“This structure, built by Ghanaians for Ghanaians, stands as a landmark of pride,” the President said. He urged all stakeholders to draw inspiration from The Bank Square as they continue to build a stable, inclusive, and prosperous economy.
In conclusion, President Akufo-Addo officially declared The Bank Square open, expressing hope that it would inspire future generations to strive for excellence in service to the nation. As the new headquarters begins its operations, it symbolizes not only the growth of Ghana’s financial sector but also the collective aspiration for a robust and resilient economy.
