Paul Acquah retires as BoG governor
Audrey Micah, Ghanadot
Accra, Oct 1, Ghanadot -
Stakeholders in the country’s financial sector as well as
the Association of Ghana Industries have given thumps up to
the immediate past governor of the Bank of Ghana.
Paul Acquah bowed out on Wednesday after serving eight years
with Ghana’s Central Bank, receiving wide applause for his
high-level fiscal discipline.
He was adjudged the best central bank governor in Africa for
his role in maintaining a stable and resilient economy.
He is also credited with key reforms during an eight-year
tenure which culminated in the creation of an interest rate
policy committee and the redenomination of the cedi.
Tony Oteng Adjei, President of the Association of Ghana
Industries, (AGI) in an interview on Joy FM said the former
governor can “retire with his head high.”
Even though he criticized Dr. Acquah’s models in fighting
inflation, he said on the balance the governor did a good
job.
He also lauded the smooth transition between the outgoing
governor and the incoming one, Dr Paa Kwesi Ammissah-Arthur,
describing it as one of the smoothest in recent times.
Managing Director of Stanbic Bank, Alhassan Andani said
Ghana must tap into the knowledge of the retiring governor.
He said Dr. Acquah brought “monumental changes” within the
country’s financial sector, adding Ghana must still take
advantage of the huge reservoir of knowledge.
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Accra, Oct 1, Ghanadot - Stakeholders in the
country’s financial sector as well as the Association of
Ghana Industries have given thumps up to the immediate past
governor of the Bank of Ghana....More