English Afrikaans Arabic Chinese (Simplified) Croatian Danish Dutch Filipino Finnish French German Greek Hebrew Hindi Irish Italian Japanese Korean Malay Norwegian Persian Polish Portuguese Russian Serbian Slovak Slovenian Spanish Swahili Turkish Ukrainian Welsh Yiddish

Nana AKufo-Addo set to retain Dr Bawumia as runningh mate for 2012 election


Accra, March 28, GNA – The flag bearer of the opposition New Patriotic Party (NPP) is set to retain Dr Mahamudu Bawumia as his running mate for Election 2012.

Dr Bawumia, who was Nana Akufo-Addo's running mate in 2008, returned home on Tuesday night to a warm welcome from party members in what high ranking officials say is for him to be present when the announcement is made on Thursday.

The NPP sent its strongest official word yet about what the media should expect when the flag bearer officially informs the National Council of Elders of his choice on Thursday when its Communication Directorate circulated Dr Bawumia's curriculum vitae (CV) to editors.

The following is the CV made available to the Ghana News Agency in Accra by Mr Curtis Perry K. Okudzeto, NPP Deputy Director of Communications.


      January 2011 - March 2012, Dr Bawumia was the Resident Representative, African Development Bank Group (Zimbabwe).

      He was responsible for AfDB relations with Zimbabwe, Research-Based Technical Advice to Government, Coordination with Donor Community, Oversight Responsibility for Administration of the Zimbabwe Multi-Donor Trust Fund.

      October 2009-October 2010 --Visiting Senior Research Associate, Centre for the Study of African Economies, Department of Economics, University of Oxford. Undertook research on Monetary Policy and Financial Sector Reform in Africa.

      Fellow International Growth Centre (IGC). Served as IGC Country Team Member for Sierra Leone. Also served as Advisor to Central Bank of Sierra Leone on redesigning the organisational structure of the bank and its monetary policy framework.

      April-October 2009, Visiting Scholar, University of British Columbia,  Liu Centre for Global Studies and Fisheries Centre.

     February-March 2009 Consultant Economic Commission for Africa. Prepared a paper on Africa’s Position for the G20 London Summit.

     June 2006-January 2009, Deputy Governor, Bank of Ghana, Responsible for Monetary Policy, Financial Stabilty, and Payments System Reform

     June 2006-January 2008 Member of Board of Directors, Bank of Ghana, Ghana International Bank (UK), Ghana Telecom, Revenue Agencies Governing Board, Social Security and National Insurance Trust.

      January 2005-January,2009-Chairman, Capital Markets Committee (Ghana). Had oversight responsibility for putting together the strategy for Ghana accessing the international capital markets with a debut $750 million sovereign bond.

      August-December 2008, Vice Presidential candidate, New Patriotic Party (NPP) in the December 2008 Ghanaian Presidential Elections.

      2001-2006-Head, Monetary Policy and Financial Stability Department, Bank of Ghana. Responsible to the analytical work leading to the setting up of the Bank’s Monetary Policy Committee (MPC) and oversight for technical work presented to the MPC.

     Leader of Bank of Ghana technical team and part of Government Team that has negotiated with the World Bank and International Monetary Fund since 2001 through HIPC and PRGF.

     Member of the Government of Ghana technical negotiating team on HIPC Paris Club and Completion Point Negotiations.  Member of Government team to negotiate the Millenium Challlege Account (MCA) compact with the US Government. Was responsible for drafting the financial sector component of the compact.

      Member of Government technical team on the deregulation of the petroleum sector in Ghana. 2000-2001 Senior Economist, and Head of Economic Analysis, Bank of Ghana Research Department.

      1996-2000 - Assistant Professor of Economics, Hankamer School of Business, Baylor University, Texas, USA; 1994 Summer intern, International Monetary Fund. Washington. D.C.  Research Department.

     1988-1990 Lecturer in Monetary Economics, International Finance. Emile Woolf College of Accountancy, London, England.


     From 1991 - 1995 - Ph.D. in Economics Simon Fraser University, Burnaby, British Columbia., Canada; Specialization:  Macroeconomics, International Economics, and Monetary Economics.

     1987- 1988- M.Sc.Development Economics University of Oxford, UK  (Lincoln College);      1984-1986- B.Sc. Economics (First Class Honours) University of Buckingham, UK.

     1982-1984- Chartered Institute of Bankers Diploma (A.C.I.B) –U.K

With distinction in Monetary Economics, Accountancy, Law  and Banking Principles. Emile Woolf College of Accountancy, London, England.

     1975-1982 Tamale Secondary School – General Certificate of Education Ordinary Level and Advanced Level.


      “A Future Currency Regime for Zimbabwe”. African Development Bank Policy Brief. Forthcoming.  Towards a Green Economy. Lead Author, UN Green Economy Report 2011. Monetary Policy and Financial Sector Reform in Africa: Ghana’s Experience. Booklocker. 2010

      “Africa and the Global Financial Crisis”. Paper presented at the American Economic Association Meetings. Atlanta, January 2010. The Emerging International Financial Architecture. Implications for Africa”.  Paper prepared for the Economic Commission for Africa. March 2010.

      “African Perspectives on the G20 London and Pittsburg Summits”. Paper prepared for the Economic Commission for Africa. March 2010. “Africa and the G20 Summit”. Paper prepared for Economic Commission for Africa, March, 2009

      “Overfishing and Piracy in Somalia” with Ussif Rashid Sumaila, University of British Columbia, Fisheries Centre Working Paper, October, 2009

      Ghana’s Reforms Transform its Financial Sector” with Theresa Owusu and Arnold McIntyre, IMF Survey, May, 2008. “The Choice of Monetary Policy Regime in Ghana”, with Banjamin Amoah and Zakari Mumuni, Bank of Ghana Working Paper, July 2008.

      “The Determination of Bank Interest Spreads in Ghana: An Empirical Analysis of Panel Data” with Martin Ofori and Franklin Belnye, Bank of Ghana Working Paper, September, 2005.

      “Developing a Composite Indicator of Economic Activity in Ghana”, with Benjamin Amoah,  Bank of Ghana Working Paper, February, 2004.

      “A simple Vector Error correction Forecasting Model for Ghana”, with Joseph Atta-Mensah, Bank of Ghana Working Paper August 2003.

      "Monetary Growth, Inflation and Exchange Rate Policy in Ghana"

 Research Department, Bank of Ghana,  Journal of the West African Monetary Institute, 2003.

      “The Transmission mechanism for Monetary Policy in Ghana” with Philip Abradu-Otoo, Bank of Ghana Policy Paper, August, 2003.

     “The Determinants of Exchange Rates in Ghana”, with Zakari Mumuni. Bank of Ghana Working  Paper. March, 2003.

     “The Feasibility of Monetary Union in West Africa”. Mimeo. Economic Commission for Africa. November 2002. “Comparative Institutional Features of Different Common Central Banks”  West African Monetary Institute. Mimeo. February, 2002.

      “Designing an Exhange Rate Mechanism for the West African Monetary Zone”. West African Monetary Institute. Mimeo. February, 2002.

      “Explaining African Economic Growth Performance: The case of Ghana” with Ernest Aryeetey and A. Fosu. Paper prepared for the African Economic Research Consortium. April 2001.

      "Why the Apparent Rush to Market Reform"? Journal of Economics, 1999.

 "The Sequencing of Fiscal Reform during Structural Adjustment. Lessons from Ghana, Uganda, and Zimbabwe".

      Comparative Economic Studies, Vol. XXXVIII No.2/3 Summer-Fall 1996

 “A Closer Look at the Distributional Impact of Ghana’s Structural Adjustment Programme (1983-1992). Journal of Modern African Studies. Vol. 36. No.1 March 1998.

     “Estimating the Aggregate Values of Human Capital in Sub-Saharan Africa”, co-authored with Samuel A. Laryea. Review of Human Factor Studies. Vol. III No. 1. June 1997.

      “Ecosystem justice and the marketplace”, 2000,p. 140 – 153 in Coward, H., Ommer, R., and Pitcher, T. J. (eds.), with Sumaila, U. R.. Fish ethics:Justice in the Canadian Fisheries. Institute of Social and Economic Research (ISER), Memorial University, St. John's, Newfoundland, Canada.

      "Africa, the Challenge of Development". Book Chapter in Stephen. Gardner's Comparative Economic Systems, Dryden, 1999.           

      “The Human Factor in Japanese Economic Development.”

Senyo B.S.K. Adjibolosoo (eds). International Studies of The Human Factor in Economic Development. Praegar,


      2011 African Leadership Award, African Leadership Magazine. For  Contribution to Economic Policy Reform in Africa. 2007  Fellow of the Chartered Institute of Bankers, Ghana (FCIB) 1999 Young Researcher Award: Baylor University, Texas, USA.

      1986 Sir Alan Peacock Prize. Best Economics Student, Department of Economics, University of Buckingham, UK.

Inter-Bank Forex Rates

Currencies Buying Selling
USD/ GHS 3.1320 3.1346
GBP/ GHS 5.1932 5.1981
AUD/ GHS 2.9222 2.9271
CAD/ GHS 2.8752 2.8774
JPY/ GHS 0.0301 0.0301
ZAD/ GHS 0.2946 0.2947
EUR/ GHS 4.1324 4.1347

 See More  Last Update: 28th August, 2014.

Social and General

In Nigeria

In Education

World Sports

In Government


Law and Order

In Religion

Local Sports


Editorials and Opinions

Copyright © 2012 - 2014 | All rights reserved | Our editorial values are factual reportage, fairness and justice to all, humaneness, good responsible citizenship and commitment to the social and political good of our nation. Editor: Sonny Y. Namouz. All GHANA NEWS is owned and managed by Isis Interactive Limited (