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President nominates Dr. Johnson Asiama as BoG Governor

by Ama Nyameye
January 31, 2025
President nominates Dr. Johnson Asiama as BoG Governor

Dr. Johnson Asiama

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President John Dramani Mahama has nominated Dr. Johnson Asiama as the next Governor of the Bank of Ghana, pending approval by the Council of State.

The nomination comes after the acceptance of a formal request by the current governor, Dr. Ernest Addison, to proceed on leave ahead of his retirement on March 28, 2025.

Announcing the nomination, Acting Presidential Spokesperson Felix Kwakye Ofosu stated, “Dr. Johnson Asiama, who previously served as a Second Deputy Governor of the Bank of Ghana between 2016 and 2017, holds a PhD in Economics from the University of Southampton, UK, and has extensive experience in monetary policy formulation, financial stability regulation, and economic research.”

With over 23 years of service at the Central Bank, Dr. Asiama brings a wealth of experience to the role.

Kwakye Ofosu highlighted his contributions, saying, “He has over the years demonstrated commitment to implementing sound monetary and exchange rate policy, fostering a stable financial system, as well as promoting accelerated economic growth in Ghana.”

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Dr. Johnson Asiama is a seasoned economist with over two decades of experience at the Bank of Ghana, where he has played a pivotal role in shaping monetary policy and financial stability.

Born on May 5, 1968, Dr. Asiama began his career at the Bank of Ghana in 1996, steadily rising through the ranks and serving in key departments, including Banking Supervision, Financial Markets, Research, and the Governors’ Department.

From 2010 to 2013, he expanded his expertise beyond Ghana, serving as Director of the Macroeconomic Management Department at the West African Institute for Financial and Economic Management (WAIFEM) in Lagos, Nigeria. In this role, he led capacity-building initiatives for central banks, ministries of finance, and other public sector institutions across the West African subregion.

Dr. Asiama holds a PhD in Economics from the University of Southampton, UK, and an MPhil in Economics from the University of Ghana, Legon. A prolific researcher, he has published extensively in leading journals on topics such as monetary policy modelling, economic stabilisation, and long-term growth in developing economies. His research interests also include risk management in banking and financial sector reforms.

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