Victor Selormey
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Victor Lawrence Kwashie Selormey (8 December 1946 –18 April 2005) was a Ghanaian economist and politician. He was a member of the National Democratic Congress and served as deputy
Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
during the Jerry John Rawlings government.


Early life and education

Victor Selormey was an Ewe and was born on 8 December 1946 as the fourth of seven children to Michael Etsevia Selormey and Florence Naa Lamile Selormey. He began his early education at the St Joseph's Catholic School at
Adabraka Adabraka is a town in the Korley Klottey Municipal Assembly, a Municipality of the Greater Accra Region of Ghana. It was the first and the most posh neighborhood in Ghana during the British era. Education Adabraka was known for the O'Reilly Sen ...
, Accra and continued at the St Augustine's College at Cape Coast for his secondary school education. He attended the
University of Ghana The University of Ghana is a public university located in Accra, Ghana. It the oldest and largest of the thirteen Ghanaian national public universities. The university was founded in 1948 as the University College of the Gold Coast in the Br ...
where he completed in 1970 with a Bachelor of Arts degree in economics. He also underwent a postgraduate course in Applied Statistics at the University of Ghana and completed in 1971. He later furthered his education at the
University of Wales The University of Wales (Welsh language, Welsh: ''Prifysgol Cymru'') is a confederal university based in Cardiff, Wales. Founded by royal charter in 1893 as a federal university with three constituent colleges – Aberystwyth, Bangor and Cardiff ...
, UK on a scholarship completing with a master's degree in
Development Economics Development economics is a branch of economics which deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural ...
in 1978. He enrolled in a doctorate programme at the
London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 millio ...
but had to abandon it due to financial constraints.


Career

Selormey worked with UNESCO in Paris for a short period and later joined the
Ghana Civil Service The Ghana Civil Service is the single largest employer in Ghana. History The service was established to replace the Gold Coast Civil Service. The mission of the Civil Service, as stated in the Civil Service Law, 1993 PNDCL 327, “is to assist t ...
as a graduate trainee in the Ministry of Finance and Economic Planning in 1971. In the late 1970s, he took on a teaching appointment as an Economics tutor at Stowe Public School in Buckingham and at the Luton Polytechnic. In 1989, he returned to Ghana to work at the Ghana State Enterprises Commission but later quit to move into private practice and as a result of a business partnership opportunity, set up ''RABSHOLD'', a property development cum property finance company.


Politics


NDC/NCP coalition

Selormey was initially a member of the
National Convention Party National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, ce ...
(NCP). In 1992, the Party formed an alliance into the December 1992 elections with the National Democratic Congress (NDC) which got him to be part of the NDC until his death.


Deputy Minister of state

In 1993, he was co-opted into the NDC/NCP coalition Government and appointed by
Jerry John Rawlings Jerry John Rawlings (22 June 194712 November 2020) was a Ghanaian military officer and politician who led the country for a brief period in 1979, and then from 1981 to 2001. He led a military junta until 1992, and then served two terms as the de ...
to serve as deputy Minister of Finance and Economic Planning. In that role, he served on the SSNIT board as the government of Ghana's representative and other roles in government. He also served on the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
(IMF) as the alternative member for Ghana, serving as representative for Ghana along with the then Governor of the Bank of Ghana
Kwabena Duffuor Kwabena Duffuor was the List of Mills government ministers, Finance Minister of Ghana. He has also served as the governor of the Bank of Ghana. He was named as one of the four best Central Bank Governors in the World at an IMF/World Bank meeting ...
. He also accompanied the President on several trips outside the country to deliberate on issues regarding international partnerships with Ghana, most notable amongst them being trips to US, Italy and Switzerland. He held that position until Jerry Rawlings handed over to
John Kufuor John Kofi Agyekum Kufuor (born 8 December 1938) is a Ghanaian politician who served as the President of Ghana from 7 January 2001 to 7 January 2009. He was also Chairperson of the African Union from 2007 to 2008. Kufuor's career has been sp ...
in January 2001.


Personal life

Victor Selormey was married to Leona Selormey and he had children including Ghanaian media personality and journalist Kokui Selormey. He was a
Christian Christians () are people who follow or adhere to Christianity, a monotheistic Abrahamic religion based on the life and teachings of Jesus Christ. The words ''Christ'' and ''Christian'' derive from the Koine Greek title ''Christós'' (Χρι ...
and worshipped as a
Roman Catholic Roman or Romans most often refers to: *Rome, the capital city of Italy *Ancient Rome, Roman civilization from 8th century BC to 5th century AD *Roman people, the people of ancient Rome *'' Epistle to the Romans'', shortened to ''Romans'', a lette ...
. He was amongst the first Tarcisians of
Roman Catholic Archdiocese of Accra The Roman Catholic Archdiocese of Accra covers the Greater Accra Region and parts of the Volta Region. There are 62 parishes and rectories. The Roman Catholic Archdiocese of Accra ( la, Accraën(sis)) is the Metropolitan See for the ecclesiasti ...
in the 1950s along with future head of state of Ghana Jerry John Rawlings who he served in his government. He died on 18 April 2005 at the
Korle Bu Teaching Hospital Korle-Bu Teaching Hospital (KBTH) is a public teaching hospital located in the Ablekuma South Metropolitan District in Accra, Ghana. It is the only public tertiary hospital in the southern part of the country. It is a teaching hospital affiliate ...
in Accra at the age of 58 years.


References

{{DEFAULTSORT:Selormey, Victor 1946 births 2005 deaths Ghanaian economists National Democratic Congress (Ghana) politicians National Convention Party (Ghana) politicians St. Augustine's College (Cape Coast) alumni University of Ghana alumni Alumni of the University of Wales Ghanaian Roman Catholics