Ghana’s President John Dramani Mahama has selected Johnson Asiamah as the country’s next central bank governor, pending approval from the Council of State, the presidency announced on Friday.
Asiamah, who previously served as the Bank of Ghana’s second deputy governor from 2016 to 2017, is set to replace the outgoing governor, Ernest Addison. Addison is expected to retire at the end of March and will commence his leave on February 3.
The president’s office highlighted Asiamah’s extensive experience in monetary policy, noting that he has spent over 23 years working at the Bank of Ghana.
Economic Recovery at the Forefront
President Mahama, who secured victory in the December election, campaigned on a commitment to “reset” the country, with a strong focus on addressing economic challenges. His administration has already begun shaping its leadership, with key cabinet appointments including Cassiel Ato Forson as Finance Minister, John Abdulai Jinapor as Energy Minister, and Dominic Akuritinga Ayine as Attorney General and Justice Minister.
Ghana is currently grappling with its most severe cost-of-living crisis in decades, making economic stability a top priority for the new administration. The appointment of Asiamah signals Mahama’s intent to steer the country toward financial recovery.