Dr Wampah replaces Dr. Bawumia at BOG

The President, John Evans Atta Mills, has endorsed the appointment of Dr. Henry Kofi Wampah as the First Deputy Governor of the Bank of Ghana (BOG).

The appointment was announced in a press statement issued in Accra on Friday and signed by Mahama Ayariga, Presidential Spokesperson.

Dr. Wampah, who formerly worked as the Director of Research and Statistics for the West African Monetary Institute (WAMI), replaces Dr. Mahammudu Bawumia who resigned from the position in mid-January 2009 after an unsuccessful vice presidential ambition with the opposition New Patriotic Party.

Dr Kofi Wampah worked with the Bank of Ghana for 15 years in various capacities in the Public Finance and Statistics Offices of the Research Department and became the head of Research Department from February 1996 to February 2001.

He also worked with the International Monetary Fund, Washington, DC, as a Special Appointee in 1998. He also held various teaching appointments with McGill University, Institute of Statistical, Social and Economic Research (ISSER), University of Ghana, Legon in the areas of economic statistics and mathematics. He has participated in many international conferences and seminars.

Dr Wampah obtained a B.A. (Hons) Economics and Statistics degree in 1977 from University of Ghana, Legon and thereafter an M.A. (1983) and Ph.D (1986) degrees in economics with specializations in econometrics and public finance from McGill University, Montreal, Canada.

The statement noted that President Atta Mills, in consultation with the Council of State, has also appointed eight persons as Board of Directors of the Bank of Ghana.

They include: Dr. Sydney Laryea, Mrs. Diana Ayitey, Mrs. Lily Esther Nkansah and Togbe Afede XIV.

The rest are; Mr. Kweku Bram Larbi, Dr. Nii Moi Thompson, Dr. Obu Andah and Mr. Sam Appah.

Story by Isaac Essel/Myjoyonline