• About Us
  • Contact Us
Account
GTB
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
Account
Ghana Talks Business
No Result
View All Result

Governor of the Bank of Ghana appointed IMF/World Bank Board Chair

21/10/2019
Reading Time: 2 mins read
Policy rate at 14.5%, ghanatalksbusiness.com

Dr. Addison, Governor of Bank of Ghana

405
SHARES
Share on FacebookShare on TwitterShare on WhatsApp

Governor of the Bank of Ghana Dr Ernest Yedu Addison has been selected to represent Ghana to Chair Board of Governors of the IMF and World Bank in 2020. 

A statement from the Bank of Ghana explained that the selection of Governor of the Bank of Ghana was done in recognition of the country’s impressive strides in macroeconomic stability achieved and the banking sector clean-up for the past years.

At the 2019 Annual Plenary meetings of the International Monetary Fund (IMF) and the World Bank Group held on Friday, Governor of the Bank of Ghana was selected as the in-coming 2020 Chair of the Board of Governors of the Institutions.

The Chairmanship is selected on a regional rotation basis each year and it is Africa’s turn in 2020. 

Through a meticulous process of selection where candidate’s competences, country’s standing and membership of the World Bank Group and IMF are assessed, Dr Addison, who is also Ghana’s IMF Governor was selected to preside over the 2020 Annual Meetings Plenary. 

The statement added that, the Chairmanship position is prestigious and positively projects Ghana’s image within the international community.

“With this new responsibility, Governor of the Bank of Ghana will among other duties, chair other functional Committees of the two institutions”.

In particular, he will chair the Joint Committee on Remuneration of Executive Directors and their Alternates . This work entails appointment of two other Committee members which will be on the recommendation of the President of the Bank and the Managing Director of the Fund, reviewing briefing papers, and convening meetings of the Committee.

In addition, Governor Addison will Chair the Joint Procedures Committee (JPC)/MIGA Procedures Committee (MPC). The JPC/MPC is charged with reviewing the official business of the FundBank and recommending its approval to the Board of Governors.

Furthermore, he will conduct the 2020 Annual Meetings Plenary (in the presence of delegations from the 189-member countries), and presentation of a speech on the global economy. 

Ghana Talks Business takes the opportunity to congratulate Dr Addison on his appointment. We hope his performance will be exceptional. to enhance the confidence placed in him, and to project a better image of Ghana.

Previous Post

When Cocoa “Child Labour” in Ghana is NOT child labour

Next Post

PROFILE: Meet the ‘aggressive marketer’ & CEO of the Ghana Free Zones Authority

Related Posts

IMF Bailout, ghanatalksbusiness.com

Any alternatives to the International Monetary Fund (IMF) Africa should be looking at?

08/08/2022
Country Partnership Framework, ghanatalksbusiness.com

World Bank Group Launches New Country Partnership Framework for Ghana

24/02/2022
IMF bailout, ghanatalksbusiness.com

What are Special Drawing Rights (SDR) and why Ghana received US$1 billion SDR from the IMF

30/08/2021
BoG maBOG, Policy rate, Lending rate,, ghanatalksbusiness.com

Policy Rate at 13.5 percent – Why Lending Rates would still be High

24/08/2021
Remittance flows

Defying predictions, Remittance flows remain strong during Covid-19 crisis

14/05/2021
payment service providers, ghanatalksbusiness.com

List of approved electronic money issuers & payment service providers – BoG

08/04/2021
Next Post
ghana _free_zones_authority

PROFILE: Meet the ‘aggressive marketer’ & CEO of the Ghana Free Zones Authority

law students protest. ghanatalksbusiness.com

The Law Students’ Protest – An Unsolicited 2 Cents

  • About Us
  • Disclaimer
  • Privacy Policy
  • Advertising
  • Contact Us

© 2023 Ghana Talks Business

No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
  • Login

© 2023 Ghana Talks Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In