(Adds detail, context, other ministers)
ACCRA Jan 10 Ghana's new President Nana
Akufo-Addo named the co-founder of investment bank Databank, Ken
Ofori-Atta, as finance minister on Tuesday as he seeks to
revitalise an economy that is heavily reliant on commodities.
Akufo-Addo promises to create jobs, fight poverty, promote
development and boost free market growth through cutting taxes
and red tape.
The new president has also pledged double-digit growth after
a sharp slowdown since 2014 - largely due to the fall in prices
of Ghana's cocoa, gold and oil exports.
Ghana is mid-way through a $918 million International
Monetary Fund programme that aims to reduce inflation, public
debt and the deficit and boost growth.
Ofori-Atta's appointment is part of a cabinet list issued
three days after Akufo-Addo was sworn in to a four-year term.
Cabinet nominees must be approved by parliament.
The president named Boakye Agyarko, a former vice president
of the Bank of New York, as energy minister and Shirley Ayorkor
Botchway as foreign minister.
Ghana produces around 100,000 barrels of crude per day from
offshore fields operated by British company Tullow and
new oil and gas are expected to come onstream in 2017 and 2018
from a field operated by Italian company ENI.
(Reporting by Kwasi Kpodo; Editing by Matthew Mpoke Bigg and