President John Dramani Mahama has appointed Dr Abdul Nasiru Issahaku as the Governor of Bank of Ghana.

His appointment follows a decision by Dr. Kofi Wampah to take an early retirement, four months before the end of his term on August 05, 2016.

Many attributed his early bow to a recent crisis in the microfinance sector and a controversy around his family after it emerged that his step daughter had married a British fugitive, David McDermott.

Dr Wampah

But Dr Wampah said his decision was personal and also to give his successor more time to work in an election year.

The First Deputy Governor of the Bank of Ghana (BoG), Millison Narh, took over as acting governor of the Bank of Ghana until the appointment of a substantive governor by President John Mahama, Monday, April 4.

Millison Narh

Dr Issahaku holds Masters in Agric Economics and a Ph.D. in Political Science from the University of Georgia. He worked as a Governance Expert at the State University of New York, Center for International Studies.

Dr Issahaku has also worked at the African Development Bank and headed EDAIF. He was the Second Deputy Governor of the Bank of Ghana until his appointment.