President John Dramani Mahama has nominated Dr. Johnson Asiamah as the next Governor of the Bank of Ghana, pending approval by the Council of State.
Dr. Asiamah’s nomination follows the acceptance of a formal request by the current Governor, Dr. Ernest Addison, to proceed on leave ahead of his retirement on March 31, 2025.
A seasoned economist with over 23 years of experience at the Bank of Ghana, Dr. Asiamah previously served as the institution’s Second Deputy Governor from 2016 to 2017. He holds a PhD in Economics from the University of Southampton, UK, and has extensive expertise in monetary policy formulation, financial stability regulation, and economic research.
In a statement from the Presidency, Dr. Asiamah was commended for his deep understanding of Ghana’s financial system, positioning him as a strong candidate to lead the central bank.
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His nomination, if approved, will see him steer the country’s monetary policies at a crucial time for Ghana’s financial sector.
Meanwhile, The Governor of the Bank of Ghana, Dr Ernest Addison, will commence his terminal leave on 3rd February 2025 in preparation for his retirement.
This follows his two successful terms in office, having first been appointed on 3rd April 2017, and reappointed for a second term on 29th March 2021.
His tenure will officially end on 28th March 2025, by the Bank of Ghana Act, 2002 (Act 612), as amended.