Official: President Akufo-Addo settles on Dr Ernest Addison as new BoG governor

Official: President Akufo-Addo settles on Dr Ernest Addison as new BoG governor

Dr Ernest Addison has been appointed as Governor of the Bank of Ghana. His appointment is, however, subject to consultation with the Council of State.

Official: President Akufo-Addo settles on Dr Ernest Addison as new BoG governor

Official: President Akufo-Addo settles on Dr Ernest Addison as new BoG governor

According to a statement signed by the director of communications at the presidency, Eugene Arhin, Dr Addison’s appointment follows the resignation of Dr Abdul Nashiru Issahaku effective Saturday, April 1, 2017.

In order not to have a vacuum at the top of such an important state institution, the President, in accordance with Article 183 (4) (a) of the constitution, has appointed Dr. Ernest Kwamina Yedu Addison as Governor of the Bank of Ghana, subject to consultation with the Council of State,” the statement said.

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Dr Addison was until his appointment, the Lead Regional Economist of the African Development Bank, at its Southern African Resource Centre.

From 2003 to 2011, he served as the Director of Research at the Bank of Ghana and was the Chief Economist of the West African Monetary Institute from 2001 to 2002.

Dr Addison, an Economics graduate from the University of Ghana, Legon, holds an M.Phil  in Economics and Politics from the University of Cambridge, England.

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He also holds a PhD in Economics from McGill University, Canada.

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