President Mahama nominates Dr Johnson Asiama as BoG Governor

President John Dramani Mahama has nominated Dr Johnson Asiama to serve as Governor of the Bank of Ghana.

His appointment is pending the approval by the Council of State.

This announcement was made in a statement released by the Presidency on Friday, January 31, 2025.

According to the statement, “Dr Asiama’s nomination follows the receipt and acceptance of a formal request by current Governor, Dr. Ernest Addison, to proceed on leave leading to his retirement on 31st March, 2025.”

Dr Asiama previously served as Second Deputy Governor of the Bank of Ghana between 2016 and 2017. He holds a PhD in Economics from the University of Southampton, UK, and, as the statement notes, “has extensive experience in monetary policy formulation, financial stability regulation and economic research.”

The Presidency highlighted Dr Asiama’s extensive experience in the banking sector, having worked at the Bank of Ghana for over 23 years.

The statement added that he “has over the years demonstrated commitment to implementing sound monetary and exchange rate policy, foster a stable financial system, as well as promoting accelerated economic growth in Ghana.”

This nomination comes after the recent withdrawal of charges against Dr Asiama by the Attorney-General.

Dr Asiama had been facing trial in two separate cases related to the collapse of UniBank and UT Bank.

 

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