Nationality Ghanaian | Name Kofi Wampah | |
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Education Hohoe E. P. Secondary SchoolKonongo-Odumase Secondary School Alma mater University of GhanaMcGill University Occupation EconomistGovernor of the Bank of Ghana | ||
BANK OF GHANA AND KOFI WAMPAH
Henry Akpenamawu Kofi Wampah is a Ghanaian economist and the former Governor of the Bank of Ghana.
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Educational life
Wampah schooled at Hohoe E. P. Secondary School for his GCE 'O' Level certificate and Konongo-Odumase Secondary School for his GCE 'A' Level certificate. He proceeded to the University of Ghana where he obtained his degree in Economics and Statistics degree in 1977. Dr Wampah holds a master's degree (1983) and a PhD (1986) in Economics from McGill University, Montreal, Canada.
Professional life
Wampah started his working life at the Bank of Ghana in September 1986. His first appointment was as a Deputy Manager of the Bank. From February 2001 to February 2006 he was the Head of the Research Department of the Bank. During this period he worked as a part-time staff with International Monetary Fund, Washington, DC as a Special Appointee from May to December 1998 and with the Monetary Operations Division of the Monetary and Exchange Affairs Department and the Africa Department. After 2001, he was appointed as Director of the Research and Statistics Department at the West African Monetary Institute. While at the Institute he oversaw the planning and implementation of the Macroeconomic Convergence monitoring programme of the West African Monetary Zone. Wampah served first as the Acting Chairman of Ghana International Bank Public Limited Company and the Director from 25 November 2009.
Governor
In April 2009 he returned to the Bank and was appointed as the first deputy governor of the Bank of Ghana by President John Evans Atta Mills. In 2012 he was appointed as the Acting Governor of the Bank. This was because when President Mills died, his vice, John Mahama, became president. Kwesi Amissah-Arthur, the then Governor of the Bank of Ghana, was confirmed by Parliament of Ghana as Vice-President of Ghana, creating a vacant governor slot. On 4 April 2013, he was sworn in as the substantive Governor of the Bank of Ghana by President John Dramani Mahama.
Wampah is currently the Chairman of Central Bank Governors in West Africa. He replaced the head of the Nigerian Central Bank, Sanusi Lamido Sanusi. As chair of the subregional group, he coordinates the activities of central bank governors from five other countries namely Nigeria, Sierra Leone, Gambia, Liberia and Guinea.