Dr. Gobind Ganga is new Central Bank Governor

Dec 03, 2014 News

After serving as acting Governor General of the Bank of Guyana since the passing of his

(from left) Minister of Finance, Dr. Ashni Singh, New Central Bank Governor, Dr. Gobind Ganga, President Donald Ramotar, Deputy Governor of the Central Bank , Leslie Glen and Junior Finance Minister, Juan Edghill

predecessor, Dr. Lawrence Williams, in May, Dr. Gobind Ganga was officially appointed to the position yesterday at the Office of the President.
Assuming his previously held post as Deputy Governor of the Bank will be Mr. Leslie Glen.
Dr. Ganga was appointed by President Donald Ramotar and Glen, by Minister of Finance, Dr. Ashni Singh.
Dr. Ganga holds a PhD degree in Economics from the University of Manitoba, and a Bachelor’s degree in Economics and Administrative Studies from the University Of Winnipeg, Canada.
He was first appointed Director of the Research Department at the Bank of Guyana in 1995 and held that position until November 2003, until he was appointed Alternate Executive Director at the World Bank in Washington, D.C., representing 10 Caribbean territories along with Canada and Ireland.
In June 2005, Dr. Ganga was appointed Deputy Governor at the Bank, but was only able to take up his appointment after completing his term at the World Bank. On May 8, 2014, he was appointed Governor (ag.) of Bank of Guyana.
The father of one, who possesses a wealth of banking experience, told Kaieteur News that he is thrilled to take the post and is excited to continue to perform as exceedingly well as his predecessor did. His wife and daughter, Devika and Opriya respectively, expressed they were proud of him and said, that they didn’t expect anything less for “he has always been a hardworking and loyal worker.”
As for Glen, the father of six has a Master’s degree in Monetary Economics from the University of Glasgow, Scotland, and a Bachelor’s degree in Economics from the University of Guyana. He has been serving the Bank of Guyana since in the 1980s in several key positions. During the period 1997 to 2006, Mr. Glen was Chairman of the National Clearing House in Guyana.
In 2005, he was appointed Banking Manager, at the Bank of Guyana, after serving the post of Director of Operations from August 1995 until November 2005. In that position he was vested with oversight responsibility for the implementation of the Bank’s liquidity management policy; domestic currency operations; and other banking operations.