The Bank of Ghana has appoint Professor Festus Ebo Turkson as an external member of the Bank of Ghana monetary policy committee (MPC).
The appointment, made by the Board of Directors of the Bank, is in pursuant to section 27(3)(E) of the Bank of Ghana 2002 (Act 612) by the Bank of Ghana (Amendment) Act, 2016 (Act 918).
Professor Turkson has been appointed to replace Dr. John K. Kwakye who retired as an external member of the MPC, having served the statutory term limit.
Professor Festus Ebo Turkson is a development economist with specialization in macro economics and finance, monetary and financial economics, small and medium enterprises development, industrial policy, applied micro econometrics and international trade policy and finance.
The Board of the Bank of Ghana indicates that, it is confident Professor Turkson will be an important addition to the Member of the MPC and will contribute his vast experience to the work of the committee.