Clara Arthur Named New GhIPSS CEO: A New Era for Ghana's Payment Systems
The Ghana Interbank Payment and Settlement Systems (GhIPSS) Limited has announced the appointment of Clara B. Arthur as its new Chief Executive Officer, effective September 1st. This marks a pivotal moment for GhIPSS, the cornerstone of Ghana's electronic payment infrastructure.
Mrs. Arthur brings a wealth of experience to the role, having held senior leadership positions at Fidelity Bank Ghana and E Process International S.A within the Ecobank Group. Her expertise lies in information technology and payment solutions, making her well-equipped to steer GhIPSS through the rapidly evolving landscape of Ghana's financial sector.
A Critical Time for Ghana's Financial Sector
Her appointment arrives at a crucial time, as Ghana experiences significant growth in digital payments and mobile money adoption. GhIPSS plays a vital role in facilitating these transactions, operating the infrastructure that supports electronic transactions across all domestic banks and financial institutions.
GhIPSS's Key Role in Ghana's Economy
Established in 2007 as a subsidiary of the Bank of Ghana (BoG), GhIPSS manages key payment systems including e-zwich, gh-link, and the GhanaPay mobile money platform. These systems are essential for processing transactions for banks, rural banks, savings and loans companies, and various payment service providers.
Dr. Johnson Asiama, Governor of the Bank of Ghana and chairman of the GhIPSS board, expressed confidence in Mrs. Arthur's ability to lead the institution into its next phase of growth. Her background in both traditional banking and emerging payment technologies makes her uniquely positioned to navigate the challenges and opportunities presented by the increasingly competitive landscape, where established banks compete with fintech companies and mobile money services.
Prior to her appointment, Mrs. Arthur provided technical guidance on IT and payment solutions as a private consultant. Her extensive experience and strategic vision are expected to bring fresh perspectives to GhIPSS and further solidify its position as a leader in Ghana's payment ecosystem.