Economist and Development Finance Expert, Prof. Peter Quartey has been elected Chair of the Public Interest and Accountability Committee (PIAC) to serve a one-year term, according to a statement on Thursday.
According to the statement, his assumption takes effect on November 3, 2026.
Prof. Quartey, a member representing the Ghana Academy of Arts and Sciences (GAAS), was elected by members of the committee at a meeting held on Tuesday and will serve a one-year term.
He succeeds Mr. Richard Ellimah, whose tenure as chair ended in October 2026.
The elections follow the swearing-in of five new members of PIAC by the Ministry of Finance. The five members were nominated by their respective institutions to serve on the committee in accordance with the established nomination process.
Professor Quartey was also sworn in following his renomination by the Ghana Academy of Arts and Sciences to serve another two-year term as a PIAC member.
At the same meeting, Mr. Samuel Bekoe, a member representing think tanks, was elected vice chair to serve a one-year term.
Peter Quartey is an accomplished Professor of Economics with over 22 years of experience in development finance, private sector development, monetary and financial sector development, and digital finance. He holds a PhD in Development Economics from the University of Manchester and an MSc in Quantitative Development Economics from the University of Warwick, both in the United Kingdom. He also holds an MPhil and a BA in Economics from the University of Ghana. He has extensive experience in strategic leadership, institutional governance, research, and policy development, having held several senior academic and board positions.
The membership of the committee has been reconstituted following the expiration of the tenure of some members.
Mama Agumekosua V from the Queen Mothers Association of Ghana, Dr Edmund Adinkra-Darko of the Trades Union Congress (TUC), Alhaji Abdul Majeed Saeed from the Muslim Groups, Rev Johoiada Godwin Amuzu from the Christian Groups, Mr Daniel Kissi from the Association of Ghana Industries/Ghana National Chamber of Commerce and Industries, and Mr Kyei Yamoah from Civil Society and Community-Based Organisations were subsequently sworn into office on Tuesday, 3rd November, 2026, by the Director Legal at the Ministry of Finance, Ms Evelyn Amerley Nuno-Amarteifio.
PIAC congratulated Prof. Peter Quartey and Mr. Samuel Bekoe on their election and wished them success in their respective leadership roles.
“The Committee also welcomes its newly sworn-in members and looks forward to their contributions towards strengthening its mandate,” added the statement.
The Public Interest and Accountability Committee (PIAC) was established under Section 51 of the Petroleum Revenue Management Act (PRMA) to, among others, monitor and evaluate compliance with the Act. The Committee was inaugurated and commenced work on 15th September, 2011. Enditem
