Mrs Addo Awadzi re-appointed Second Deputy Governor of Bank of Ghana

GHANA – Mrs. Elsie Addo Awadzi has been re-appointed as Second Deputy Governor of Bank of Ghana (BoG) by Ghanaian  President  Nana Akufo-Addo for a second term.

In her role, Mrs. Addo 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.

Elsie 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 fiscal management, among others.

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

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,” the appointment letter, said.

Before her appointment as Deputy Governor in 2018, she was Senior Counsel of the Financial and Fiscal Law Unit of the International Monetary Fund (IMF)’s Legal Department for six years.

As a senior counsel,  Mrs. Addo conducted financial sector stability assessments on G20 countries.

She 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.

Prior to joining IMF in 2012, Elsie was a Commissioner of Ghana’s Securities and  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.

Mrs. Addo Awadzi 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 Centre (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).

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