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The Bank of Ghana (BoG) has announced that its First Deputy Governor, Dr. Maxwell Opoku-Afari, will proceed on leave starting February 5, 2025, ahead of the official conclusion of his tenure.
His departure has been approved by President John Dramani Mahama, marking a transition in leadership within the central bank.
Dr. Opoku-Afari was first appointed as First Deputy Governor on August 7, 2017, and was reappointed for a second term on August 7, 2021. Under the provisions of the Bank of Ghana Act, 2002 (Act 612), as amended, his tenure is set to officially conclude on August 6, 2025, completing the two-term limit stipulated by law.
In an official statement, the BoG expressed gratitude for his service, highlighting his contributions to the institution and Ghana’s financial sector.
“The Bank of Ghana thanks Dr. Opoku-Afari for his invaluable contributions and wishes him the very best in his future endeavors,” the statement read.
As the central bank navigates this transition, stakeholders will be watching closely for the appointment of his successor and any policy shifts that may follow under the new administration.
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