By: Precious Miracle Kargbo
On the basis to control and improve the economic growth and situation in Sierra Leone, the President of the Republic of Sierra Leone Retired Brigadier Julius Maada Bio on 30th October 2023 announced the appointment of former Deputy Bank Governor Dr Ibrahim Stevens as the imperative and substantive Governor for the Bank of Sierra Leone.
The appointment as per many is of no surprise given that the now Governor has been in total control and displaying full control of the institution since the former Governor has been on leave since the month of March but according to customers the activities of the bank has been running smoothly and customer satisfaction has been prioritized at the institution.
Reports shows that Dr Stephens has a very wealthy amount of knowledge in the business and economic field after going through rigorous studying success both in and out of Sierra Leone.
It reads “Stevens who held the position of Deputy Governor since 2014, brings a wealth of experience to Sierra Leone’s economy with a background as Senior Economist at the Bank of England and holding a PhD in Financial Economics from Durham University”.
Additionally, His academic achievements include an MSc in Business Finance from Brunel University London and a BSc in Economics from the University of Sierra Leone.The Central bank exists to create a modern, effective and dynamic Central Bank that will serve the overall financial, growth and development requirements of Sierra Leone, within the framework of a harmonized sub-regional financial system, and consistent with the demands of a globalized economic and financial environment to formulate and implement monetary and supervisory policies to foster a sound economic and financial environment.
To this end, the Bank aims at building and maintaining a strong and efficient organization with highly motivated professional employees working in the best interest of Sierra Leone.
Furthermore, the Bank’s core values of merit include relevant leadership, partnership, and equity that will guide the activities and behavior of the Board of Directors, Management and Staff towards the achievement of its Vision, and related daily interactions, and decision.
Conclusively, Sierra Leoneans have expressed delight on the decision of the President to appoint Dr Stephens as the bank Governor and have shown keen interest on how his tenure as Governor will work in developing the economy and financial markets and landscape of Sierra Leone.