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Breaking NewsBusinesstop stories

Dr. Adrian Alter appointed new IMF resident representative for Ghana

Suleman
Last updated: July 7, 2025 11:53 am
Suleman
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The International Monetary Fund (IMF) has named seasoned Senior Economist, Dr. Adrian Alter as its new Resident Representative to Ghana, effective September 2, 2025.

He succeeds Dr. Leandro Medina, who concludes his three-year tenure in August 2025 after playing a crucial role in Ghana’s ongoing US$3 billion Extended Credit Facility (ECF) programme.

Dr. Alter, who is currently part of the IMF mission team overseeing Ghana’s ECF, brings more than a decade of international macroeconomic experience.

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His expertise spans financial stability, monetary policy, inflation management and sovereign debt restructuring.

He has supported IMF programmes in Ghana, Tunisia and Serbia and is expected to be in Accra in August for a smooth transition before assuming full responsibilities in September.

His mandate will include coordination of the IMF programme, policy dialogue with key institutions such as the Ministry of Finance and Bank of Ghana and stakeholder engagement with civil society and the broader policy community.

Dr. Alter holds a Ph.D. in Quantitative Economics and Finance from the University of Konstanz, Germany, and an MSc in Finance from HEC Lausanne in Switzerland.

He has also completed executive training in Financial Stability at Yale University.

Prior to joining the IMF, Dr. Alter worked with the European Central Bank, Deutsche Bundesbank and UBS Investment Bank focusing on banking supervision, systemic risk and macro-prudential policy.

His research and professional background align closely with Ghana’s current economic priorities under the ECF, including structural fiscal reforms, domestic revenue mobilization and strengthening of financial institutions.

Dr. Alter’s experience and policy acumen are expected to be instrumental as Ghana works toward meeting the IMF’s benchmarks and sustaining macroeconomic recovery

His role will also involve supporting ongoing tax policy reforms, monitoring fiscal targets and ensuring that IMF-backed strategies translate into inclusive and durable growth.

The exit of Dr. Medina marks the end of a critical phase of the programme, during which Ghana secured multiple disbursements and undertook debt restructuring negotiations.

The appointment of his successor, also signals the Fund’s continued commitment to supporting Ghana’s economic stability and reform agenda.

Source: CNR

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