UGBS and Department of Economics Introduce BoG Chair to Bank of Ghana Governors

UGBS and Department of Economics Introduce BoG Chair to Bank of Ghana Governors

The University of Ghana Business School (UGBS) and the Department of Economics at the University of Ghana have officially introduced the first Bank of Ghana (BoG) Chair in Finance and Economics, Prof. Imhotep Y. P. Alagidede, to the Bank’s governors. The introduction took place on 29th January 2025, at the Bank of Ghana premises with key officials, including Dr. Ernest Addison, Governor of Bank of Ghana, Dr. Maxwell Opoku-Afari, First Deputy Governor and Chair of the University of Ghana’s College of Humanities Board, and Mrs. Elsie Addo Awadzi, Second Deputy Governor, in attendance. 

In his welcome address, Dr. Addison congratulated Prof. Alagidede on his appointment and expressed satisfaction that discussions on establishing the BoG Chair, which began as early as 2004, had finally materialised. Mrs. Awadzi encouraged Prof. Alagidede to engage closely with the Bank to understand its operations and explore more collaborative opportunities. Dr. Opoku-Afari spoke about the UG College of Humanities and its interdisciplinary vision. He expressed optimism that the initiative would serve as a model for other industries once Prof. Alagidede’s tenure is successful. 

Prof. Alagidede expressed gratitude to the Bank for his appointment and outlined his vision for the role. He explained the importance of integrating finance and economics, citing his achievements which include the introduction of the Ghanaian Journal of Economics. He announced plans to launch a Ghanaian Journal of Business. His tenure, he noted, would focus on policy dialogues, industry-academia collaborations, and research on inflation regulation. Additionally, he revealed that he is training advanced students to support the Bank and foster a platform for future chairpersons. 

Prof. Joshua Y. Abor, a UGBS faculty and member of BoG’s Monetary Policy Committee, elaborated on the Chair’s role. He mentioned plans for public lectures and proposed an induction ceremony for Prof. Alagidede. Prof. Vera O. Fiador, Head of the Department of Finance at UGBS also expressed appreciation for the collaboration, noting the significance of research in the Bank’s operations. The meeting was also attended by UGBS School Administrator, Mr. Emmanuel Poku-Sarkodee, Assistant Registrar (HR), Mr. Yaw Tsen Yeboah, and a delegation from the Department of Economics.