Dr. Ernest Addison a lead economist at the African Development Bank is set to over the top post at the Central Bank- BoG. He takes over from current governor Dr. Abdul Nashiru Issahaku who has decided to step down effective 1st April, 2017. He cites personal reason for this decision, rejecting reports that he was forced out of the top post at BoG.
Dr. Addison’s appointment has formally been communicated to the press by the Communications Director at the Presidency, Eugene Arhin. He stated 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.”
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 2000 – 2003.
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.