Ernest Addison

Ernest Kwamina Yedu Addison (born 1963) is a Ghanaian economist who served as the 15th governor of the Bank of Ghana. He had previously worked at the same central bank as director of research from 2003 to 2011, and as an economist at the African Development Bank.

Early life and education

Addison attended Mfantsipim School,

Career

After completing his doctorate at McGill, Addison returned to Ghana and joined the Bank of Ghana in 1994 as an economist. He rose through the ranks to become the Deputy Chief and Head of the Economic Analysis and Policy Division of the Research Department. Addison served as the chief economist with the West African Monetary Institute from 2000 to 2003. Prior to leaving the Bank of Ghana, he worked under Kwesi Amissah-Arthur, who was then its governor and later became vice-president of Ghana. This was to fill the vacancy left by the resignation of the then governor Dr. Abdul Nashiru Issahaku. He was subsequently approved and then appointed as the governor of the Bank of Ghana on 1 April 2017 with a 4-year tenure which ended in March 2021.

In February 2021, President Akufo-Addo reappointed him as the governor of the Bank of Ghana and renewed his tenure for another 4 years, awaiting for approval by the Council of State.

Under his leadership in mid-2026, the bank expresseed strong confidence that cedi stability will endure as pressure from the US dollar erased.

Other positions

As central bank governor, Addison automatically served as a member on many Government of Ghana and international agencies that deal with financial policy and management, including International Monetary Fund (IMF), ex officio member of the board of governors Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), ex-officio chairman of the board Ghana Cocoa Board, member Financial Stability Board (FSB), member of the Regional Consultative Group for Sub-Saharan Africa