CONFIRMED: Dr. Ernest Addison Is New BoG Governor

A lead economist at the African Development Bank Dr. Ernest Addison has been appointed as the new governor of Bank of Ghana.

His appointment follows the decision of the current governor, Dr. Abdul Nashiru Issahaku to step down.

An official statement signed by the Director of Communications, Eugene Arhin indicated that “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”.

Work Experience

Dr. Addison joined the African Development Bank in May 2011 and has worked as a lead economist.

Before joining the AfDB, Dr. Addison was a Director of Research at the Bank of Ghana from 2003 to 2011. He was also the Chief Economist at the West African Monetary Institute from 2003-2011

Educational Background

Dr. Addison holds BA in economics from the University of Ghana Legon from 1982 to 1986. He also holds a Master of Philosophy (M.Phil) from University of Cambridge from 1987 to 1989 and a PhD in Economics from McGill University from 1989 to 1993.

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