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Elsie Addo Awadzi reappointed Second Deputy Governor of Bank of Ghana

4 years ago
in Banking & Finance, Business, Editor's pick, highlights, Home, home-news, latest News, Uncategorized
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Elsie Addo Awadzi reappointed Second Deputy Governor of Bank of Ghana

His Excellency President Akufo-Addo has reappointed Second Deputy Governor of Bank of Ghana, Mrs. Elsie Addo Awadzi, for a second term with effect from 14th February  2022. 

Reliable sources within the Presidency have confirmed to NorvanReports that, His Excellency the President has been very impressed with Mrs. Elsie Addo Awadzi’s performance at the BoG hence her reappointment.

Mrs. Addo Awadzi has over 25 years of professional experience working in various  capacities in Ghana and internationally in law, finance, policy and regulatory reforms,  financial sector regulation, sustainable development, and public financial management  among others. 

Elsie Addo Awadzi was first appointed by His Excellency as Second Deputy Governor of the  Bank of Ghana in February 2018. Under the leadership of Governor Ernest Addison, she has oversight of the Bank of Ghana’s regulation and supervision of banks and other financial institutions, the macro-prudential function, and other key operational  functions.

She is a member of the Bank’s Board of Directors, a member of the statutory  Monetary Policy Committee, and a member of Ghana’s Financial Stability Council, 

which has representation from financial regulatory authorities in Ghana and the  Finance Ministry.  

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As a staunch advocate for inclusive and sustainable finance, she chairs the Alliance  for Financial Inclusion (AFI)’s Gender Inclusive Finance Committee, which provides  thought leadership and guidance to the 100-member AFI network on the design and  implementation of measures to close the gender gap in access to finance in developing  countries.

She is also a member of the Expert Leaders Group on Women’s Financial  Inclusion in the Digital Economy established by the Graça Machel Trust. 

Before her appointment as Deputy Governor in 2018, Elsie was Senior Counsel of the  Financial and Fiscal Law Unit of the International Monetary Fund (IMF)’s Legal  Department for six years where she conducted financial sector stability assessments on G20 countries and provided technical assistance for the design and implementation of banking supervisory, resolution, and crisis management frameworks in a number of IMF member countries, among other things.

Before joining the IMF in 2012, Elsie  was a Commissioner of Ghana’s Securities & Exchange Commission for six years,  worked on key financial sector reforms in Ghana and abroad, and worked in private  law practice and banking, among others.  

She holds an LL.M. degree (International Business and Economic Law) with distinction  and a Certificate in W.T.O. Law from the Georgetown University Law Center (2012) where she was also a Fellow of the Institute of International Economic Law.

She also  holds an M.B.A. (Finance) Degree and an LL.B. Degree from the University of Ghana  (2000 and 1993 respectively), and a post-graduate Qualifying Certificate to practice  law from the Ghana School of Law (1995).

Source: norvanreports
Tags: Bank of Ghana (BoG)Elsie Addo Awadzi reappointed Second Deputy Governor of Bank of GhanaIMFMonetary Policy Committee
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