
Ghana’s President, John Dramani Mahama, has nominated Johnson Asiamah as the next Governor of the Bank of Ghana, subject to approval by the Council of State.
With over 23 years of experience, Asiamah previously served as second deputy governor from 2016 to 2017.
The president’s office commended his expertise in monetary policy and financial stability.
It followed the retirement of current governor Ernest Addison, who will step down in March after taking leave on February 3.
Mahama, who took office this month, aims to tackle Ghana’s economic challenges, particularly in the cocoa and gold sectors.
His government has yet to release formal economic policies.
The Bank of Ghana’s target inflation rate is 8%, but December inflation exceeded 23%.
The central bank has indicated that it will take longer than expected to bring inflation within the 6%-10% range.