The Bank of Sierra Leone kicked off its 60th-anniversary celebrations yesterday with a pledge to navigate the evolving financial landscape and maintain economic stability.
Governor Ibrahim L. Stevens, in his keynote address, outlined the bank’s commitment to harnessing technology, expanding financial inclusion, and mitigating risks posed by cryptocurrency, digital currencies, artificial intelligence, and cybercrime.
Under the theme “Repositioning the Bank of Sierra Leone to Better Deliver on its Mandate in an Evolving Domestic and Global Environment,” the bank highlighted its achievements in reducing inflation, stabilizing the Leone currency, and expanding digital financial services. The Governor emphasized initiatives such as the National Payments Switch and the Agricultural Credit Facility as key drivers of economic growth and financial inclusion.
The anniversary celebrations will feature a series of events, including sports activities, a thanksgiving service, a banquet, and a symposium on monetary policy and financial technology.
Deputy Governor Joseph A. Tucker lauded the bank’s role in promoting stability and growth over the past six decades. He acknowledged the contributions of staff, retirees, and partners in achieving the bank’s goals.
Pensioners and former governors also shared their experiences and expressed confidence in the bank’s future. Madam Olive Nat-Wellington, representing pensioners, praised the bank’s support for retirees, while former Governor Melvin G. Tucker highlighted the strong foundation laid by past leadership.
The event, attended by key bank officials, pensioners, and media representatives, included the recognition of former governors and a memorial for deceased staff.
As the Bank of Sierra Leone enters its sixth decade, it aims to solidify its position as a key player in the country’s economic development while adapting to the challenges and opportunities of the digital age.
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