Business

Dr. Asiamah nominated BoG Governor as Addison proceeds on leave ahead of retirement

President John Dramani Mahama has nominated Dr. Johnson Asiamah as the next Governor of the Bank of Ghana, pending approval from the Council of State.

His nomination comes as the current Governor, Dr. Ernest Addison, prepares to proceed on leave ahead of his retirement on March 28, 2025.

Dr. Asiamah, who previously served as the Second Deputy Governor of the central bank from 2016 to 2017, brings extensive experience in monetary policy formulation, financial stability regulation, and economic research. With a PhD in Economics from the University of Southampton in the UK, he has spent over 23 years at the Bank of Ghana, playing a crucial role in shaping the country’s financial policies.

His nomination reflects a commitment to continuity in implementing sound monetary policies, fostering financial stability, and supporting Ghana’s economic growth.

Dr. Ernest Addison, who has been at the helm of the Bank of Ghana since April 2017, was first appointed by President Nana Akufo-Addo following the resignation of Dr. Abdul-Nashiru Issahaku. Before his appointment, Dr. Addison was the Lead Regional Economist at the African Development Bank’s Southern African Resource Centre.

Dr Ernest Addison

With a strong academic background, Dr. Addison holds a Bachelor’s degree in Economics from the University of Ghana, an M.Phil in Economics and Politics from the University of Cambridge, and a PhD in Economics from McGill University in Canada.

Dr. Addison also previously served as the Director of Research at the Bank of Ghana from 2003 to 2011 and was Chief Economist at the West African Monetary Institute from 2001 to 2002.

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