The Bank of Ghana has thanked Governor Ernest Addison for his service to the central bank during his two-term period.
On Friday, January 31, the central bank announced that Dr Addison has proceeded on terminal leave effective effective February 3.
In a statement, the BoG said "The public is hereby informed that from February 3, 2025, the Governor of the Bank of Ghana, Dr Ernest Addison, will start his terminal leave ahead of his retirement from the Bank.
Dr Addison was appointed on April 3, 2017, and reappointed for a second term on March 29, 2021. "In line with the Bank of Ghana Act, 2002 (Act 612), as amended, his tenure as Governor of the Bank of Ghana will end on March 28, 2025, after he successfully served two full terms. "Accordingly, Dr Ernest Addison has decided to take his accumulated leave, effective February 3, 2025, ahead of his retirement from the Bank on March 28, 2025.