The outgoing Governor of the Bank of Ghana Dr Paul Acquah started his leave today Tuesday September 1, 2009 prior to his retirement at the end of the month.
A send-off party was held for him Monday at the Central Bank, Joy Business sources have said.
Before a new Governor comes in October, Dr Kofi Wampah who is the first Deputy Governor will be acting.
Dr Acquah has been Governor for eight years spanning a period that the financial sector saw a number of significant changes.
They include the abolishing of the secondary reserves, the autonomy of the Central Bank backed by an act, reforms in the payment systems and recapitalization of banks.
His tenure also saw the reclassification of banking licenses which brought about the universal license regime and the license to operate a financial services centre.
The out-going Governor may not have all the time to enjoy his leave, as he has been placed on a four-man team to rescue the Tema Oil Refinery.
Dr Acquah will be succeeded by Kwesi Amissah Arthur, an economist. Amissah Arthur is a former Deputy Finance Minister in the early part of the first government of the National Democratic Congress (NDC).
BoG's $260 million building: It was Ato Forson who first proposed 'sell-and-leas...
'We have to do soul-searching' — Mahama orders nationwide flood assessment
Court orders woman beater to pay GHS5,000 compensation to midwife at Tema Commun...
Over 12,000 women living with obstetric fistula in Ghana — Asokwa MP
Mahama secures 1,840 farm equipment deal from Belarus
Titus Glover slams Mahama’s flood report directive, calls it “waste of energy an...
We have increased posting of doctors from 12 to 100 to underserved regions in 20...
'You had the effrontery to call me struggling lawyer, you won't come back to pow...
Belarus manufacturers to storm Ghana next week after President's visit
Government to offer tax incentives for factories located outside Accra
