Dr Ernest Kwamina Addison was appointed Governor of Bank of Ghana by the President of the Republic of Ghana Nana Addo Dankwa Akufo-Addo in April 2017. Addison spent over 25 years working as a distinguished Economist, mainly in the Public Sector, with International Institutions and the Central bank with a focus on Economic Development Issues, Monetary Policy formulation and implementation, and actively engaged in Macroeconomic surveillance at the African Development Bank and the West African Monetary Institute. During the period, he was the Director of Research at the Bank of Ghana, a position he held for over a decade during which time he gained considerable public sector experience with Deregulation of Ghana’s petroleum sector, Redenomination of the currency, Wage and civil service reforms and Capital Markets Development.
He has recently been elected the Chairman of the Boards of Governors of the International Monetary Fund and World Bank Group and also the co-chair of the Financial Stability Board’s Regional Consultative Group for Sub-Saharan Africa.
Addison holds a degree in Economics from the University of Ghana, a Master’s degree in economics and politics from Cambridge University and a PhD with specialisation in monetary economics and economic development from McGill University.