MATILDA ASANTE-ASIEDU

IWA Team

May 12, 2026

MATILDA ASANTE-ASIEDU 
Second Deputy Governor, Bank of Ghana

Matilda Asante-Asiedu is the second deputy Governor of the Bank of Ghana. Her portfolio of almost 30 years boasts of her expertise in banking, marketing communications, and media experience. She is a chartered banker with vast leadership experience. 

As the second deputy governor, she serves on the Monetary Policy Committee of the Bank contributing to the formulation and implementation of policies that promote financial stability and a sound financial system.

Also, as the supervising governor for the banking supervision, other financial institutions’ supervisions, financial stability, finance, banking, medical, collateral registry, resolution and restructuring departments, she also serves as a non-executive director on several key national institutions, including the Securities and Exchange Commission (SEC), the Cocoa Marketing Company (CMC), Ghana EXIM Bank, and the Data Protection Agency (DPA) among others.

A feat which cannot be ignored is her recognition as the pioneer of Women Banking in Ghana, and parts of Africa, where she led Access Bank’s multiple award-winning W Initiative.

Asante-Asiedu holds an MBA from the GIMPA Business School and an MA in Journalism Studies from Cardiff University, UK. She is an alumna of the Saïd Business School, University of Oxford (UK), the Wharton School of the University of Pennsylvania (USA), Marquette University’s Les Aspin School for Governance (USA), and the Chartered Institute of Bankers, Ghana.

A recipient of several awards, her opinion on the power of women in Ghana’s economy is praiseworthy. According to her, women in Ghana are no longer mere participants in the economy but are co-architects of its present and future. 

“From Makola’s vibrant markets to agribusiness value chains and digital enterprises, women are the backbone of Ghana’s MSME sector creating jobs, supporting families and strengthening economic resilience.” She said.

For Matilda, this itself is proof that women’s leadership is central to national transformation. “As a long-standing advocate for women’s economic empowerment, it is particularly meaningful to witness the growing momentum.” Matilda stated.

Giving more facts to her submission, according to Matilda, “The Boston Consulting Group, after analysing five years of accelerator data, found that women-founded and co-founded businesses generated 10% more cumulative revenue than men-led firms. The conclusion is clear: the opportunity cost of not investing in women is not merely a social concern. It is, in the truest sense, a commercial tragedy.” She submits.

Matilda buttresses her point by referring to available data which confirms that women have, on average, better loan repayment rates than men, and yet face a comparatively higher bar for loan approval. “In Ghana and Kenya, micro-lending fintechs targeting women have reported default rates below 2%, against an industry average of 5–7%. This is also documented across multiple microfinance institution portfolios globally.” Matilda insists and adds “Beyond repayment, the returns on investing in women ripple outward in ways no other segment can match. A UNDP study shows that up to 90% of women’s earnings are reinvested in families and communities, compared to 40% for men.”