Ernest Kwamina Yedu Addison

Dr Ernest Kwamina Yedu Addison

Governor, Bank of Ghana

Dr. Ernest Addison was appointed as the Governor of the Bank of Ghana and the Chairman of the Bank of Ghana Board on April 3, 2017 by His Excellency, Nana Akufo Addo, President of the Republic of Ghana.

Under his leadership the Bank of Ghana has achieved a number of successes including bringing down the rate of inflation into the single digit and undertaking far reaching reforms in the financial sector which has led to cleaning up of the financial sector in Ghana, strengthening governance and regulation and leading a major recapitalization effort over the past two years.

Prior to this he had over 25 years of experience working in the broader areas of public service, for international organizations, governments and central banks with a focus on Economic Development Issues, Monetary Policy Formulation and Implementation, and Macroeconomic Surveillance. Some of the institutions he has worked with are the African Development Bank, Bank of Ghana and the West African Monetary Institute.

Dr. Addison was the 2020 Chair of the Board of Governors of the IMF and World Bank at the just ended Annual meetings of the World Bank and the IMF in Washington DC. He is currently a Co-chair, of the Financial Stability Board (FSB) Regional Consultative Group for Sub-Saharan Africa, Chairman of the Board of Directors of the Ghana International Bank and a member of the Ghana Cocoa Board among others.

Dr. Addison was educated at the University of Ghana where he earned his first degree in Economics, followed by an M.Phil. Degree in Economics and Politics at St. Edmunds College, Cambridge University, U.K. He received Ph.D. in 1993 from McGill University, Montreal Canada, with specialization in Monetary Economics, Economic Development and International Economics.

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