In a pivotal move to restore confidence in Ghana’s Development Bank (DBG), Finance Minister Dr. Cassiel Ato Forson met with key international development partners — including the World Bank, African Development Bank (AfDB), Germany’s KfW, and the European Investment Bank (EIB) — to deliberate on the findings of the Deloitte Audit Report and chart a path forward for the institution.

The meeting, held on the sidelines of the UN General Assembly, resulted in a unified call for decisive action. The audit report, which revealed serious institutional weaknesses, will be submitted to the Attorney General for legal review and necessary steps.

Dr. Forson emphasized that “the past is behind us,” declaring a new dawn for DBG. The Bank is currently finalizing its Corporate and Action Plans aimed at building a more resilient and sustainable institution. He also reiterated that accountability is non-negotiable, and those responsible for undermining the Bank’s integrity will be held to account.

According to him, President John Mahama remains committed to ensuring DBG fulfills its mandate to support Ghana’s transformation agenda. A new CEO, selected through a competitive process, will be formally appointed by Monday, and the full Board will be reconstituted by the end of October.

DBG’s Interim Board Chair, Albert Essien, reaffirmed the Bank’s commitment to transparency, accountability, and prudent governance — a stance welcomed by all development partners.

This marks a critical turning point for DBG as it seeks to realign with its mission and regain the trust of stakeholders.