Dr. Ernest Kwamina Addison was appointed Governor of the Bank of Ghana by the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, in April 2017. Dr. Addison spent over 25 years working as a distinguished economist, mainly in the public sector, with international institutions and the Bank of Ghana with a focus on economic development issues, monetary policy formulation, and implementation, as well as actively engaging in macroeconomic surveillance at the African Development Bank and the West African Monetary Institute. Under his leadership, the Bank of Ghana has undertaken broad reforms to safeguard the stability of the financial system and the Ghanaian economy, which have led to a successful clean-up exercise resulting in strong, resilient banks and a more robust financial sector in Ghana. By this measure, trust, confidence, and credibility both within the bank and throughout the financial sector have increased with improved access to financial services for all.

Dr. Addison is currently the Co-chair, of the Economic Policy Coordination Committee for Ghana; the Chairman, Committee of Governors of West African Monetary Zones; the Co-chair FSB Regional Consultative Group for Sub-Saharan Africa; and the Chairman, Ghana International Bank (GHIB) London; Chairman, Ghana Interbank Payment and Settlement Systems (GHIPSS) Board; and Member, Alliance for Financial Inclusion (AFI) Board. Dr. Addison holds a PhD with a specialization in monetary economics and economic development from McGill University in Canada, a master’s degree in economics and politics from the University of Cambridge, and a degree in economics from the University of Ghana.