President John Agyekum Kufuor, in consultation with the Council of State, has nominated Mrs Justice Georgina Theodora Wood for appointment as Chief Justice.
A statement from the Press Secretary to the President, Mr Andrew Awuni, said Parliament has been furnished with the details of Justice Wood for vetting and approval.
The statement said if approved her nomination will make her the first female Chief Justice of Ghana.
Justice Wood has served as a Supreme Court Judge since November, 2002.
The statement ends weeks of media speculations about who succeeds the late Justice George Kingsley Acquah.
She is the Chairperson of the Alternative Dispute Resolution (ADR). Georgina Wood, who was born on June 8, 1947 attended Bishop's Girls and Methodist Schools.
She had her LLB (Hons) from the University of Ghana, Legon in 1970 after completing Wesley Girl's High School, Cape Coast in 1966. She took a six-month Post-Graduate Officers Training Course at the Ghana Police College.
She joined the Judicial Service as a District Magistrate Grade ll and was later promoted to Grade l. She was promoted to the Court of Appeal as a presiding judge in 1991.
Mrs Justice Wood last year chaired the Georgina Wood Committee that conducted enquiry into the disappearance of 77 packets of cocaine from the MV Benjamin vessel on April 26, 2006, as well as the 588kg cocaine seized from some Venezuelans at Mempeasem, East Legon.