View About Kwesi Bekoe Amissah-Arthur

Wed, 1 Aug 2012 Source: IMANI

, Governor of the Bankof Ghana now Vice-President

President Mahama has chosen Governor of the Bank of Ghana as as his


This is what IMANI thought about him and still thinks of him. In 2010,

IMANI voted Mr. Kwesi Bekoe Amissah-Arthur, Governor of the Bank of Ghana

as the most inspirational public sector leader with the following


"The Governor impressed us with his conduct of the affairs of the Monetary

Policy Committee in particular, though there is evidence that other aspects

of the Bank’s work, such as banking inspection, have also improved. Despite

pressure from political forces to go beyond moral suasion in compelling the

banks to reduce interest rates, the Governor has been unwavering in going

where the evidence leads. Diplomatically, he has rebuked the government to

pay the contractors and stop dithering, since this has an effect on

non-performing loans in the system, and by extension lending rates. In the

words of Friedman, “inflation everywhere is a monetary phenomenon”. What

this quip means in this context is that the Governor’s conduct of monetary

policy has more than contributed to the era of stable inflation and the

stable national currency. His attitude to his duties has helped stem the

loss of investor confidence that marked the early months of 2009. He may be

dour, but only in a manner quite becoming of a guy who has his fingers on

the nation’s purse strings".

Mr. Kofi Bentil, IMANI's Vice President says "Amissah-Arthur is fantastic

choice, has the potential to reach out to the middle-class and the

intellectual community which the ruling NDC has in its recent life greatly

distanced itself. He has what it takes to mend the broken bridges within

the ruling party". We also remember vividly the Governor's invitation to

IMANI to discuss the viability of E-zwich payment system which was

introduced under the previous government, but for which we thought was not

going to make the impact promised. It was a very respectful and cordial

meeting with all his deputies.

We do hope that the current Communication and Legal Teams will see

significant changes in form and substance in accordance with what is

looking like the character of a befitting duo (President Mahama and

Vice-President Kwesi Bekoe Amissah-Arthur.) in readiness for electoral

battle with Nana Akufo-Addo and Dr. Bawumia of the leading opposition party.

IMANI’s List of 2010’s Most Inspirational Public Sector Leaders in Ghana:



Respectfully yours,

Franklin Cudjoe

*Cudjoe is founding director of IMANI, a think tank ranked fifth most

influential in Africa (2009) and the only African think tank named in the

top 25 most innovative think tanks in the world in 2010 and top 20 most

innovative in 2011. Cudjoe is also General Editor of AfricanLiberty.org. He

has won two John Templeton Foundation awards, the first Antony & Dorian

Fisher Award and he has been cited in the United Kingdom's House of

Commons' debate on aid and development in Africa as well as by South

Africa's Supreme Court Judge on patents and intellectual property. Cudjoe

debated Tanzanian President Mkapa on globalization in 2007, and in 2010 he

led the World Bank's Africa region's taskforce within IMANI to investigate

what Africans needed from the World Bank. Cudjoe was consulted by the

United Kingdom's Prime Minister's office on how to make effective use of

British aid in Africa. He is an Earhart doctoral fellow at Buckingham

University in the United Kingdom, an alumnus of Harvard Kennedy School

Executive Education, the Atlas Economic Research Foundation's Think Tank

MBA programme and the Montreal Economic Institute's Think Tank Training

programme and an alumnus of the Harvard Kennedy School Executive Education

for Global Leadership and Public Policy. Cudjoe was named Young Global

Leader by the World Economic Forum in 2010, a fellow of the Africa

Leadership Network in 2012, and the only named Think Tank Leader in “Top 50

Africans” List of the respected Africa Report Magazine in 2012. Cudjoe is a

proud member of the Evian Group's Brains Trust located at the IMD in


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Columnist: IMANI