By Love Wilhelmina Abanonave
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. This announcement comes after current Governor Dr. Ernest Addison requested to proceed on leave ahead of his retirement on March 31, 2025.
He will from Monday February 3, 2025 proceed on a terminal leave as he prepares for retirement.
Information from the Central Bank confirms that he has served as Governor since April 2017 and is embarking on the leave ahead of his official exit on March 28, 2025, after successfully serving two full terms.
“The Bank of Ghana thanks the Governor for his meritorious and distinguished service to the Bank and the Republic and wishes Dr. Ernest Addison a restful retirement”, a release issued by the Communications Department of the Bank stated.
Dr. Asiamah has a strong background in economics, holding a PhD from the University of Southampton, UK. He previously served as Second Deputy Governor of the Bank of Ghana from 2016 to 2017 and has over 23 years of experience in the banking sector.
The Presidency highlighted Dr. Asiamah’s commitment to implementing sound monetary and exchange rate policies, fostering a stable financial system, and promoting economic growth. His expertise in monetary policy formulation, financial stability regulation, and economic research makes him a strong candidate for the position.
This nomination follows the recent withdrawal of charges against Dr. Asiamah by the Attorney-General. He had been facing trial in two separate cases related to the collapse of UniBank and UT Bank, but the charges have been dropped.
