Nana Addo maintains Dr Ernest Addison as BoG governor

Dr Addison’s reappointment is pending the approval of the yet-to-be-constituted Council of State

Nana Addo maintains Dr Ernest Addison as BoG governor
Dr Ernest Addison

President Akufo-Addo has renewed the tenure of the Governor of the Bank of Ghana, Dr. Ernest Addison for another four years.

Dr Addison's current tenure which begun on 1st April 2017 will end at the end of March 2021.

Per reports from Citi Business News, Dr Addison has been given the nod by the President Akufo-Addo to continue serving in the same position for another four years effective April 1, 2021, pending the approval of the yet-to-be constituted Council of State.

Dr Addison assumed this role in 2017, after the resignation of the then Governor, Dr. Abdul Nashiru Issahaku, whose last day of engagement with the bank was March 31, 2017.

About Dr Addison.

Dr. Addison joined the Bank of Ghana in 1996, during which time he served on a number of committees including the Open Market Operations Committee, Money Market Auction Committee, the Editorial Committee and also secretary to the Financial Programme Implementation Committee and the Financial Policies Committee.

In 2000 and on secondment, he was appointed the chair of a Special Task Force set up by the Authority of Heads of State of ECOWAS to lead studies culminating in the setting up of the West African Monetary Institute (WAMI) and subsequently appointed Chief Economist at the Institute.

He returned to the Bank of Ghana in 2002 where he served for nearly a decade as, the Bank’s Director of Research.

At the African Development Bank, Dr Addison worked as the lead regional economist for the Southern African region.

In this capacity, he led Dialogue Missions to many countries, including Mauritius, Lesotho, Swaziland, Angola, Zambia and technical teams in Preparation of New Country Strategy Papers (CSP’s) and mid-term reviews for Angola, Lesotho, Malawi, Mauritius, Mozambique, Sao Tome, and Zambia.

He also led the technical team for the study of the Indian Ocean Strategy including leading Missions to Seychelles, Mauritius and Madagascar.

Dr. Addison obtained his first degree in Economics from the University of Ghana, followed by an M.Phil. Degree in Economics and Politics at St. Edmunds College, Cambridge University, U.K.

He proceeded to McGill University, Montreal, Canada where he obtained a Doctor of Philosophy (Ph.D.) in Economics degree with specialization in Monetary Economics, Economic Development and International Economics.