Mahamudu Bawumiais a Ghanaian economist and politician who has served as the 5th Vice President of Ghana in the 4th Ghanaian Republic since January 7, 2017. He was born on October 7, 1963, in Tamale, Ghana, to Alhaji Mumuni Bawumia and Hajia Mariama Bawumia.
His father, Alhaji Mumuni Bawumia, had a distinguished career as a teacher, lawyer, and politician. He was a Mamprugu Royal and Chief of the Kpariga Traditional Area, and he played a significant role in the Northern Peoples' Party, which later merged into the United Party, a precursor of the New Patriotic Party (NPP).
Mahamudu Bawumia's early education began at Sakasaka Primary School in Tamale. He then attended Tamale Secondary School and later traveled to the United Kingdom for further studies in banking, where he obtained the Chartered Institute of Bankers Diploma (ACIB). His educational journey continued as he pursued a First Class Honours Degree in Economics at Buckingham University in 1987. Subsequently, he completed a master's degree in Economics at Lincoln College, Oxford, and earned a Ph.D. in Economics from Simon Fraser University in Vancouver, Canada, in 1995.
Throughout his career, Mahamudu Bawumia has been deeply involved in economics and monetary policy. He worked as a lecturer in Monetary Economics and International Finance in London, England, between 1988 and 1990. He also served as an economist at the Research Department of the International Monetary Fund (IMF) in Washington, D.C.
In the United States, he became an Assistant Professor of Economics at Baylor University in Waco, Texas, between 1996 and 2000, receiving the Young Researcher Award in 1998. He also earned recognition as one of "Who Is Who Among America's Teachers" in 1999.
Returning to Ghana in 2000, Bawumia joined the Bank of Ghana, where he held various positions, ultimately becoming the Deputy Governor of the Bank in June 2006. During his time at the Bank of Ghana, he contributed significantly to the country's monetary policy and financial stability. His work included implementing the inflation-targeting framework, opening up the banking sector to competition, and leading negotiations with international organizations.
In 2008, Bawumia entered politics as the vice-presidential candidate for the NPP alongside presidential candidate Nana Akufo-Addo. He continued in this role in the 2012 general elections and played a crucial role as the lead witness for the petitioners in the 2012/2013 Presidential Election Petition.
Bawumia's career also includes academic contributions with publications in the field of economics. He has written extensively on topics such as monetary policy, financial sector reform, and economic development.
In 2016, he was once again chosen as the running mate for Nana Akufo-Addo in the presidential election. Looking ahead to the 2024 elections, Mahamudu Bawumia filed his nomination to contest in the NPP Presidential primaries, ultimately winning the super delegates congress election in August 2023.
Outside of politics and economics, Mahamudu Bawumia is known for his philanthropic efforts, including the commissioning of a mosque and settling land lease arrears. He has also pledged support to individuals in need, exemplifying his commitment to the well-being of his fellow citizens.
Throughout his career, Mahamudu Bawumia has received numerous scholarships and awards, including the Fellow of the Chartered Institute of Bankers (FCIB) and the Young Researcher Award from Baylor University. His contributions to economics, monetary policy, and politics have made him a prominent figure in Ghana's public life.
DR MAHAMUDU BAWUMIA
Dr. Mahamudu Bawumia is a Ghanaian politician and economist who has served in various government roles, including as the Vice President of Ghana. Born on October 7, 1963, in Tamale, Ghana, Dr. Bawumia has had a significant impact on Ghanaian politics and economics.
DATE OF BIRTH: 7th October 1963
TIME OF BIRTH: 11:56am
PLACE OF BIRTH: Tamale- Ghana
LONG: 0.8 W 0deg
LAT: 9 N 4deg
TIME ZONE: GMT 0
ASCENDANT: 9 Capricorn
SUN SIGN: 13 Libra
MOON SIGN: 13 Gemini