Dr. Zakari Mumuni nominated as BoG first Deputy Governor
President John Mahama has nominated Dr. Zakari Mumuni as First Deputy Governor of the Bank of Ghana.
He is set to succeed Dr. Maxwell Opoku-Afari, who commenced leave on February 5, 2025, ahead of the expiration of his contract. Dr. Mumuni’s appointment is subject to approval by the Council of State.
With over two decades of experience in central banking, macroeconomic policy analysis, and financial market development, Dr. Mumuni is expected to play a pivotal role in shaping Ghana’s monetary policy.
He will work closely with the Governor of the Bank of Ghana, Dr. Johnson Asiama, and complement his efforts in navigating the country’s economic challenges, including inflation control, exchange rate stability, and financial sector reforms.
Dr. Mumuni currently serves as the Director of the Financial Markets Department at the Bank of Ghana and is a member of the Monetary Policy Committee.
Over the years, he has held key positions, including Head of Modelling and Forecasting in the Research Department and Special Assistant to the Governor. His expertise in macroeconomic forecasting, debt sustainability analysis, and monetary policy implementation is expected to strengthen the Central Bank’s policy framework.
Meanwhile, President Mahama is yet to nominate a Second Deputy Governor to replace Dr. Elsie Awadzi, who is set to take early retirement from the Bank of Ghana, effective February 28, 2025. The appointment of her successor will be crucial in ensuring continuity in the leadership of the Central Bank at a time of economic restructuring and financial sector realignment.
