A former Deputy Governor of the Bank of Ghana, Emmanuel Asiedu-Mante has died.

He passed away at the age of 81 on Monday, April 4, 2023, at the Bank Hospital in Accra.

This was confirmed by his son, Daniel Asiedu-Mante to Graphic Online.

"It is sad but we will take it a day at a time, it also brings closure to this thing because we saw it coming,” he disclosed.

Mr Asiedu-Mante served as deputy governor of the Central Bank from May 29, 2001, to May 31, 2006.

He worked for thirty-eight years at the Bank of Ghana before his retirement in 2006 as deputy governor.

The late Asiedu-Mante played a pivotal role in the introduction of the rural banking concept into the country as the former chairman of the Board of Stanbic Bank Ghana Limited.

He chaired the Central Bank’s Transitions Apex Steering Committee which was put together to formulate modalities for a regulatory regime for Rural and Community Banks (RCBs).

The committee’s work led to the setting up of today’s ARB Apex Bank, a mini central bank for the RCBs, and the operationalisation of RCBs nationwide.

Asiedu-Mante published a book on rural banking titled ‘Rural Banking in Ghana’ in 2011.

In December last year, he was honoured for his excellent contributions to the success of the banking sector by the Association of Rural Banks at the fourth Rural Banking Excellence Awards in Koforidua.

Asiedu-Mante was also vocal on national issues, especially those related to banking and the economy. He was often referred to as the rural banking encyclopedia due to his vast knowledge and experience in the field.