Dr Asiama replaces Dr Addison as BoG Governor

President John Dramani Mahama has nominated Dr. Johnson P. Asiama as the next Governor of the Bank of Ghana (BoG), pending approval by the Council of State.
His nomination follows the acceptance of a formal request by the current Governor, Dr. Ernest Addison, to proceed on leave ahead of his retirement on March 31, 2025.

A wealth of experience
Dr. Asiama is no stranger to BoG, having previously served as Second Deputy Governor between 2016 and 2017.
With over 23 years of experience at the central bank, he has been instrumental in shaping Ghana’s banking policies.
He holds a PhD in Economics from the University of Southampton in the United Kingdom and has extensive expertise in monetary policy formulation, financial stability regulation, and economic research.
According to a press statement from the Presidency, Dr. Asiama’s deep understanding of Ghana’s financial system makes him well-positioned to lead the central bank at a critical time.

Ensuring stability and growth
As Governor, Dr. Asiama will be tasked with overseeing key financial policies aimed at ensuring sustainable economic development, price stability, and financial sector reforms.
The government expects his leadership to contribute to the stability and resilience of the nation’s economy, reinforcing confidence in the country’s financial system.
If approved by the Council of State, Dr. Asiama will take over from Dr. Addison, whose tenure has been marked by efforts to maintain economic stability amid global financial challenges.