A lead economist at the African Development Bank Dr. Ernest Addison has been appointed as the new governor of Bank of Ghana.
His appointment follows the decision of the current governor, Dr. Abdul Nashiru Issahaku to step down.
An official statement signed by the Director of Communications, Eugene Arhin indicated that "the President, in accordance with Article 183 (4) (a) of the Constitution, has appointed Dr. Ernest Kwamina Yedu Addison as Governor of the Bank of Ghana, subject to consultation with the Council of State".
Work Experience
Dr. Addison joined the African Development Bank in May 2011 and has worked as a lead economist.
Before joining the AfDB, Dr. Addison was a Director of Research at the Bank of Ghana from 2003 to 2011. He was also the Chief Economist at the West African Monetary Institute from 2003-2011
Educational Background
Dr. Addison holds BA in economics from the University of Ghana Legon from 1982 to 1986. He also holds a Master of Philosophy (M.Phil) from University of Cambridge from 1987 to 1989 and a PhD in Economics from McGill University from 1989 to 1993.
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Source: Peacefmonline.com
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Another pipe piper idiotic full and a typical Ghanaian saw dust mentality who thinks having a Phd or having a string of paper qualifications as a meal ticket to fill your stomach means you can manage anything ;this not 'HOGWASH' acadamic propaganda; these are the true facts about our love for phds which have destroyed Ghana like galamasey;besides if that was the case Ghana or Africa would be a very prosperous nation and a progressive continent ; the reverse is the cast; Massa; read economic your journals and you will realise that there is great difference between employees and bankers of Goldman Sach; Deutse Bank including their CEO's and the a Governor of the Ghana ;massa; the difference is simple these bankers achieve results which makes the these banks profitable with huge reseeves; an idiotic full like you should and read the annual accounts of these merchants banks ; their profits are in billions ; even Gold Sach with its current profits and reserves can buy the whole of Ghana and still retain cash ; name me one BOG governor in Ghana who have achieved anything apart from writing books or economic papers which are never read by anybody ; DR Amissah -Arthur ; Dr Wampah ; Dr Duffour what did they achieve at BOG except lutt and mis manage the Bank ; massa tell all Ghanaians with facts because today we have an economy in tatters and an idiotic full like you starting to sing from your back side about uless people with Phd's who cannot achieve anything for our economy and you think these Phds are worth anything ; now you mention name like Mike Carney ; Benarke; Yellin ; Alan Greenspan; these are educated people who trained on the job for years before acquiring their higher qualifications ; they work in a system which has already been defined and works ; the opposite is the case in Ghana ; all our Phds work in a system where the managent systems are not clearly defined ; but is their opportunity to use their skills to define the system and help solve the problems ;how can Dr Opuni be earning GHC 75,000 when farmers who produce the cocoa earn pittance ; these so called illiterate higher degree holders cannot even understand the english they are working with and cannot understand read loan agreements or they do is award contracts ; massa; I do not need a Phd besides the mere acquisition of a Phd does not make you any better than Kwame Despite ; Offori -Atta or Dan Ghottey these are eole who are creative and get results ; we need people who can deliver and make Ghana work not people who spend their whole life acquiring string of toilet paper qualification which of no good to Ghanaians; Dr Bawumia is a Phd and can deliver and articulate his thoughts creatively that is the mark of a Phd not these CHEW ; POUR ; PASS and forget PHDs; Massa WHO NEEDS A Phd !!!!!!!
Honestly I do not understand this anti illectual movement. Nowhere is it written that one must hold a PhD to become a governor of the Bank of Ghana. Coincidentally, the man appointed has one. Suddenly the focus is on the fact that he has a PhD. The we have jokers like Tony The Bull throwing dust into the eyes of the public with half truths and hogwash. What makes you think a banker at Goldman or Deutsche is a fair comparator for the Governor of the Central Bank? If you are minded to cite examples, then cite appropriate ones. How about you compare with the Governors of the Bank of England or the Chairmen of the US Federal Reserve.. How about you start with the recent ones.. Mike Carney Mervyn King Alan Greenspan Ben Bernake Make sure you return when you have finished counting their degrees ..otherwise just allow the President space to select whoever he deems fit or grab a PhD yourself if it irritates you and your ilk so much
Massa; the issue today is not how much you earned yesterday or today just because you have a Phd in a subject many people know little about ; the issue is if you have no qualifications or have qualifications you need to deliver create wealth for Ghana if you are apointed a responsible position ; that is what we ordinary people want ;not PILLING ON OF ULESS QUALIFICATIONS which does not benefit Ghanaians but used by a few BREEEDY PEOPLE TO FILL THEIR STOMACHS AND THAT OF THEIR FAMILIES ; if people earn good money and can create wealth by application of what they have learnt and apply thoughts well to help Ghana -NO PROBLEM; to me any body with little supervisory management skills and agric science can manage Cocoa Board you do not need a Phd dude to run and award contracts at Cocoa board like wise you need some body who understands macro-economic variables and skills to control inflation ; manage unemployment and ability to read and understand foerign loan agreements not these uless Phd donkeys who have acquired tons of qualification but cannot deliver and are manipulated by kriminals masqurading as politicians at least we know offori-atta have not got a Phd but have achieved something in the financial sector and understand fiance not ediotic donkeys like Seth Terpkor and Ato Forson who are not even aware where their toxic air comes out from ; the fact is there is notthing wrong with earnimg a good salary if you can deliver to assist Ghana but not acquire these meal ticket qualifications called Phd's and steel and lutt from from Ghanaians like this DR Opuni because for me any body with a Phd should never be posted anywhere unless they can prove that they achieved something to their not writing books because to me they are ULESS SPECIES !!!!!!; we do not need them in Ghana.
My name is Koliko & I am the most F00OLISH individual you can find on this platform. I support NDC & just like my fellow Footsoldiers, we DON'T have human brains. No wisdom in whatever we say or write. We are bunch of F00OLS so I just want you all to ignore whatever I write here. Thank you!
Same as they are displaying Dr.Opuni salary in the media, they must tell us how much this new Governor will be taking home. NPP is trying something and their cover blown out soon. They will suffer for it. They are criminalizing all the top executive of the NDC with regards to their salaries, yet the people they have appointed to this position have already taken the same salary. The are over doing politics just to paint their opponent black because their supporters believe whatever they say. they should be very careful because sooner than latter they will come face to face with reality.
hmmmm am only praying that this man can use the central bank to create wealth and to stabilise the economic situation for all of us to enjoy life here in ghana and not when u travel
@Dan; Massa; I could'nt agree more withn you ; this is the typical Ghanaian they acquire these high steroid qualifications but cannot deliver or create wealth for Ghana ; you go to most merchant Banks in the UK and US and most of the employees create high financial deals and don't even have first degrees but deliver and create high quality product and services for their Banks ; go to London Deuitse Bank or Goldman Sach and most bankers are 1st degree holders who are trained on the job and come up with complex financial deals but see Ghana Phd's ; they do not even understand these financial agreements and sit in airconditioned offices all day besides our engineers are just uless in the civil service ; they just sign anything and land the country with huge debts ; if you have educated illiterates like Ato Forson who do not understand IMF written agreements and you have idiotic fulls like Dr Donkor ; Jon Mahama ; Bua and others who do not understand the cost benefits of agreements of the AMERI deal ; how do you expect Ghana to progess because to me the mere acquisition of paper qualifications does not mean you can create wealth and understand business ; these high qualifications are obtained by these vultures as a stomach or meal ticket to rob Ghanaians ; for me Iam not impressed with these high profile Phd qualifications because a Phd simply means you have studied a particular area of a subject thay nobody knows anything about execpt you alone ; so this Dr Addison what has he achieved because as far as I am aware we need creative people like Kwame Despite ; Ndoum and others who are credible business men who understand business and can create wealth and employ people not thiffs like Dr Opuni who come just to rape Ghana; NANA ADDO SHOULD NOT FALL INTO THIS QUALIFICATION TRAP : IT IS BOGUS : WE NEED PEOPLE WHO CAN DELIVER AND CREATE WEALTH !!!!!!!
Congratulation Dr. Addison. I am so proud of you. May the Lord lead you in all that you do because the battle has always being the Lord's
.....And you come to tell me Dr. Nasiru Isahaku was not forced or pushed out.
Master certificates don't work ok its human beings that work the acquisition of qualifications is different from practicability. Get to know that he is going there not to work alone but to work with other peoples as well. Stop this village thing and grow up. You can be owner of Oxford or Cambridge but can be as ***barred word*** as anything. Bill Gates, Mark Zuckerberg and Dr. Kwame Despite employ these people all the time. be wise