Central Bank of Liberia Acting Executive Governor Henry Saamoi outlined ambitious vision aimed at transforming the institution into a more innovative and efficient entity.
In a meeting with the Bank’s employees Wednesday, which marked Saamoi’s first engagement with the staff since his appointment, he talked on the importance of teamwork, talent development, and a commitment to transparency and accountability.
Saamoi articulated his goals to enhance the CBL’s core objectives, which include ensuring price stability, promoting financial inclusion, and supporting economic growth.
He announced the formation of a committee tasked with developing a comprehensive five-year strategic plan that will embrace innovation and leverage technology to improve the Bank’s operations.
“Our new strategic plan will focus on operational efficiency and value for money,” Saamoi said.
He highlighted plans to invest in advanced digital platforms and explore new financial technologies that could revolutionize the Bank’s administration and risk management processes.
In addition to these initiatives, Saamoi committed to reviewing the General Auditing Commission (GAC) audit reports and other assessments to address existing concerns and expedite the transformation process at the CBL.
He outlined the importance of collaboration and open communication among staff while maintaining the Bank’s apolitical stance and adherence to high standards of integrity.
The Acting Board of Governors expressed their dedication to working alongside staff to ensure the CBL effectively formulates and implements monetary policy while promoting financial stability and economic growth.
Madam Trokon Browne, president of the CBL staff association, pledged her support and that of the staff to the new leadership.
