THE Government of Guyana yesterday announced the appointments of Dr. Gobind Nauth Ganga as Governor of the Bank of Guyana (BOG), and Mr. Leslie Glen as Deputy Governor with effect from November 8, 2014.

Dr. Ganga was appointed by President Donald Ramotar, and Mr. Glen by Minister of Finance, Dr. Ashni Singh.
The appointments of Governor and Deputy Governor come on the heels of the passing of the previous Governor, Dr. Lawrence Williams earlier this year.
Dr. Ganga holds an MA and PhD in Economics from the University of Manitoba, and a BA 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, a position he held until November 2003, when 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. However, he 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 new Governor has a wealth of central banking experience. He has written and published many articles on a wide variety of economic issues, including banking, monetary policy, finance and economic development. He has made several presentations and participated in numerous international and regional conferences.
Mr. Glen, meanwhile, has an MS in Monetary Economics from the University of Glasgow, Scotland, and a BS in Economics from the University of Guyana. He has been serving the Bank of Guyana since 1980 in several key positions. During the period 1997 and 2006, Mr. Glen was Chairman of the National Clearing House in Guyana.
In 2005, he was appointed Banking Manager at the Bank of Guyana, prior to which he held the post of Director of Operations from August 1995 until November 2005, where he assumed oversight responsibility for the implementation of the Bank’s liquidity management policy; the Bank’s domestic currency operations; and banking operations and Clearing House activities.
He is a Member of the Bank’s Investment Committee and other select committees. Mr. Glen was also appointed to the Guyana Securities Council (GSC) in October 2005 as a Board Member. He is a member of the Council of Securities Regulators of the Americas (COSRA), and an active member of selective Working Groups of COSRA.

(GINA)