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Elsie Addo Awadzi

  • Second Deputy Governor
  • Bank of Ghana

Mrs. Elsie Addo Awadzi has over 26 years of professional experience working in various capacities in Ghana and internationally in law, finance, policy and regulatory reforms, financial sector regulation, sustainable development, and public financial management, among others. She is the Second Deputy Governor of Bank of Ghana, a position she has occupied since February 2018. She is the second woman to occupy the Office of Deputy Governor in the Bank of Ghana’s 65-year history.

She currently has oversight of the Bank of Ghana’s banking supervision, market conduct, and financial stability functions, among others. She is a member of the Bank’s Board of Directors, a member of the Monetary Policy Committee, and a member of Ghana’s Financial Stability Council which has representation from financial regulatory authorities in Ghana and the Finance Ministry.

As a staunch advocate for inclusive and sustainable finance, she chairs the Alliance for Financial Inclusion (AFI)’s Gender Inclusive Finance Committee which provides thought leadership and guidance to the 100-member AFI network on the design and implementation of measures to close the gender gap in access to finance in developing countries. She is also a member of the Expert Leaders Group on Women’s Financial Inclusion in the Digital Economy established by the Graça Machel Trust.

Before her appointment as Deputy Governor, Elsie was Senior Counsel of the Financial and Fiscal Law Unit of the International Monetary Fund (IMF)’s Legal Department where she conducted financial sector stability assessments on G20 countries and provided technical assistance for the design and implementation of banking supervisory, resolution, and crisis management frameworks in a number of IMF member countries, among other things. Before joining the IMF in 2012, Elsie was a Commissioner of Ghana’s Securities & Exchange Commission for six years, worked on key financial sector reforms in Ghana and abroad, and worked extensively in private law practice, consulting, in and banking, among others.