Bank of Ghana Deputy Governor Asiama to Resign

  • Asiama’s departure will complete senior management overhaul
  • Former governor Issahaku left the bank in April last year

Bank of Ghana Second Deputy Governor Johnson Asiama tendered his resignation in a move that will complete an overhaul of the central bank’s three most senior positions in the past year, according to two people familiar with the matter.

Asiama will announce his departure next week, said the people, who asked not to be identified because the matter isn’t public.

Bernard Otabil, a spokesman for the bank, didn’t answer calls seeking comment.

Asiama, 49, was appointed to the position in April 2016 and oversees research, risk management and banking. Since the New Patriotic Party came into power a year ago, former governor Abdul Nashiru Issahaku left the bank in April and was replaced by Ernest Addison. Millison Narh stepped down as first deputy governor in July after reaching retirement age.

The central bank cut its benchmark rate four times in 2017, to a more-than three year low of 20 percent, as inflation slowed toward the target of 6 percent to 10 percent. The bank’s Monetary Policy Committee will announce its next rate decision on Jan. 22.

Previous articleWhy Africa’s Top Oil Producer Is Suffering from Gasoline Politics
Next articleNigeria foreign reserves reach $40.4 bn as CBN Injects $210m into Interbank Market
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.