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Dr. Ernest Yedu Addison appointed Bank of Ghana governor

Mar 31, 2017

A renowned international economist Dr. Ernest Yedu Addison has been appointed by the President Nana Addo Dankwa Akufo-Addo as the governor of the Bank of Ghana.

He becomes the 15th Governor to be appointed to the high office of the Bank of Ghana.

The new governor will be replacing the outgoing governor Dr. Abdul Nashiru Issahaku whose resignation takes effect from April 1, 2017.

In a statement signed by the director of communications at the presidency Eugene Arhin, Dr. Ernest Addison’s appointment comes after the President with considerable regret, accepted the resignation of the Dr. Abdul Nashiru Issahaku

Dr. Addison, who until 2011 worked at the Bank of Ghana as the Director of Research for 8years,

At the Bank of Ghana Dr. Addison was a member of the Open Market Operations Committee, Money Market Auction Committee and the Editorial Committee and also secretary to the Financial Programme Implementation Committee and the Financial Policies Committee.

He is currently the lead economist at the African Development Bank (AfDB).

He has been at his current position for the past 5 years and is in charge as the Lead Economist, Regional Director General—South of the African Development Bank (AfDB).

The international economist Dr. Addison, is credited with major reforms at the Research Department of the Bank of Ghana between 2003 and 2011 as director of the department.

Before joining the Bank of Ghana, Dr. Addison worked at the West African Monetary Institute as the Chief Economist for 3years (2000 – 2003).

He also chaired the Task Force set up by the Authority of Heads of State of ECOWAS to undertake all the preliminary studies culminating in the setting up of the West African Monetary Institute.

Dr. Addison is a product of Mfantsipim School in the Central Region, holds a Bachelor of Arts in Economics from the University of Ghana, Legon.

He also earned his Masters in Economics from the Cambridge University where he was awarded of Philosophy (MPhil) in Economics.

He is credited with several publications on economics and also holds a Doctor of Philosophy (PhD) in Economics.

Source: Norvan Acquah - Hayford/thebftonline.com/Ghana

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