Dr Bawumia to deliver 2012 Ferdinand Ayim Memorial Lectures

24TH APRIL 2012

DR MAHAMUDU BAWUMIA TO DELIVER 2012 FERDINAND AYIM MEMORIAL LECTURES

On Wednesday, May 2, the 2012 Vice Presidential Candidate of the New Patriotic Party, Dr Mahamudu Bawumia will deliver the 2012 Ferdinand O. Ayim Memorial Lectures on the topic “The State of the Economy”. The lecture will take place at the College of Physicians and Surgeons, Independence Avenue, Accra, at 6pm.

Dr. Bawumia, just like other renowned speakers before him, will continue the rich tradition of this public lecture series, dedicated to the memory of Ferdinand Ayim, who died in the line of public service in 2006.

Dr Bawumia, will provide expert and detailed analysis of the current state of Ghana’s economy and will provide insights into the economic issues that continue to confront us as a society. His topic will also seek to underscore the importance of a vibrant economy to the wealth creation agenda of any nation.

This event will bring together members from civil society, political party leaders, members of the diplomatic corps, the business community, academia and the general public.

……Signed……

Gabby Otchere-Darko

Trustee, Ferdinand Ayim Foundation

BIOGRAPHY OF DR BAWUMIA

Dr. Mahamudu Bawumia is an economist and banker of international distinction and repute. He holds a Ph.D. in Economics with his areas of specialization being in Macroeconomics, International Economics, Development Economics and Monetary Policy. After working an economist at the Research Department of the IMF, Dr. Bawumia returned to Ghana in 2000 to work as an economist at the Bank of Ghana. In June 2006, aged 42, he was appointed deputy Governor of the Bank of Ghana in charge of financial stability.

As the deputy Governor in charge of financial stability, he was instrumental in the opening up of the banking sector to competition; led Bank of Ghana’s technical negotiation team with the World Bank and IMF that successfully ended Ghana’s dependence on IMF assistance, allowing Ghana to pursue more independent policies; responsible for the strategy for accessing the international capital markets with a debut $750 million dollars; drafted the financial sector component of the Millennium Challenge Account Compact which resulted in $547 million worth of projects for Ghana; and played a key role in the design and implementation of the e-zwich common platform for all banks, savings and loans companies and rural banks. More recently, with the African Development Bank, he has played a leading role in helping Zimbabwe to re-engage with the international community.