The International Monetary Fund (IMF) has officially appointed Dr Adrian Alter as its new Resident Representative in Ghana. He formally assumed duty on September 2, 2025, following the end of Dr Leandro Medina’s three-year tenure in August.
Arriving in Accra earlier in August to facilitate a smooth transition, Dr Alter has already begun work on Ghana’s fifth programme review under the IMF-supported Extended Credit Facility (ECF). Sources confirm that he has engaged with senior government officials on the review process, which will be crucial to ensuring that Ghana continues to meet its agreed fiscal, monetary, and structural reform targets.
Dr Alter is a seasoned economist with more than a decade of experience at the IMF, where he has contributed to economic programmes across Africa, Europe, and beyond. His areas of expertise include financial stability, inflation management, and sovereign debt sustainability.
He has previously worked on IMF-supported programmes in Ghana, Serbia, and Tunisia, bringing a mix of global perspective and country-specific experience to his new role. Before joining the Fund, Dr Alter built a strong foundation in finance and monetary policy through positions at the European Central Bank (ECB), the Deutsche Bundesbank, and UBS Investment Bank.
Educational and Professional Background
- 2013: PhD in Quantitative Economics and Finance (magna cum laude), University of Konstanz, Germany
- 2009: MSc in Finance, HEC Lausanne, Switzerland
- 2016: Programme on Financial Stability, Summer Institute, Yale School of Management
- 2009–2012: Early career positions at UBS Investment Bank, Deutsche Bundesbank, and ECB, where he contributed to financial stability reviews, systemic risk analysis, and equities research
Mandate in Ghana
As Resident Representative, Dr Alter will be responsible for:
- Coordinating the IMF’s programme activities in Ghana
- Supporting the implementation of ongoing tax and fiscal reforms
- Acting as the Fund’s principal spokesperson in the country
- Strengthening collaboration with the Ministry of Finance, the Bank of Ghana, and civil society groups on policies aimed at restoring macroeconomic stability and fostering growth
His appointment comes at a sensitive moment in Ghana’s economic recovery efforts, as the government works to consolidate progress under the IMF programme while addressing fiscal pressures, currency depreciation, and structural challenges.
Dr Alter takes over from Dr Leandro Medina, who completed his tenure after overseeing the Fund’s engagement during a turbulent period marked by Ghana’s debt restructuring, fiscal adjustments, and economic reforms. Analysts say Dr Alter’s expertise in financial stability and sovereign debt will be critical as Ghana navigates the next phase of its IMF programme
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