BoG First Deputy Governor Opoku-Afari proceeds on leave ahead of end of tenure

The First Deputy Governor of the Bank of Ghana, Dr Maxwell Opoku-Afari, has proceeded on leave from 5 February 2025, ahead of the expiration of his tenure.

A statement issued by the Communications Department of the Central Bank confirmed that Dr Opoku-Afari’s decision had received the approval of President John Dramani Mahama.  

Dr Opoku-Afari was first appointed to the position on 7 August 2017 for a four-year term and was subsequently reappointed for a second term on 7 August 2021. His tenure as First Deputy Governor is set to officially end on 6 August 2025, in line with the Bank of Ghana Act, 2002 (Act 612), as amended, which permits a maximum of two full terms in office.  

The Bank of Ghana expressed gratitude to Dr Opoku-Afari for his dedicated service to the institution and the nation.  

"The Bank of Ghana thanks Dr Opoku-Afari for his service to the Bank and the Republic and wishes him well in his future endeavours," the statement concluded.