Dr. Zakari Mumuni appointed as 1st Deputy Governor of BoG

President John Mahama has appointed Dr. Zakari Mumuni as the First Deputy Governor of the Bank of Ghana.

Dr. Mumuni brings over 20 years of experience in central banking, macroeconomic policy analysis, and financial market development. His expertise is expected to provide valuable strategic direction for Ghana’s monetary policy.

His nomination is pending confirmation by the Council of State. If approved, Dr. Mumuni will play an instrumental role in stabilizing the country’s financial sector amidst ongoing economic challenges.

Currently serving as the Director of the Financial Markets Department at the Bank of Ghana and a member of its Monetary Policy Committee, Dr. Mumuni has held key positions throughout his career, including Head of Modelling and Forecasting in the Research Department and Special Assistant to the Governor. His extensive background in macroeconomic forecasting, debt sustainability analysis, and monetary policy implementation makes him a strong candidate for the role.

Dr. Mumuni holds a Ph.D. in Economics from the University of Nottingham, an MPhil from the University of Ghana, and has published several research papers on inflation targeting and monetary policy.

His nomination comes at a time of significant leadership changes at the Bank of Ghana, following the resignation of several prominent figures, including former governors.

Given the current economic challenges in Ghana, Dr. Mumuni’s appointment is expected to provide stability and drive important monetary policy reforms, leveraging his deep expertise to shape the country’s financial future.