BoG Governor Proceeds On Terminal Leave Effective February 3

proceeds on terminal leave effective February 3 ahead of his retirement in March

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison will from Monday February 3, 2025 proceed on a terminal leave as he prepares for retirement.

Information from the Central Bank confirms that Dr. Addison who has served as Governor since April 2017 is embarking on the leave ahead of his official exit on March 28, 2025, after successfully serving two full terms.

This move aligns with the Bank of Ghana Act, 2002 (Act 612), as amended, which stipulates that the Governor’s tenure is a four-year term, renewable only once.

 

 

 

 

The Governor’s leave has received the approval of President John Dramani Mahama.

Dr. Ernest Addison was first appointed on April 3, 2017 and was reappointed for a second term on March 29, 2021.

“The Bank of Ghana thanks the Governor for his meritorious and distinguished service to the Bank and the Republic and wishes Dr. Ernest Addison a restful retirement”, a release issued by the Communications Department of the Bank stated.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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