Dr. Maxwell Opoku-Afari Proceeds on Leave Ahead of End of Tenure as First Deputy Governor
Accra, Ghana – February 5, 2025 – Dr. Maxwell Opoku-Afari, the First Deputy Governor of the Bank of Ghana (BoG), has officially proceeded on leave, months ahead of the completion of his tenure on August 6, 2025.
His decision has received the approval of President John Dramani Mahama, paving the way for a smooth transition in the central bank’s leadership.
A Legacy of Service
Dr. Opoku-Afari was first appointed on August 7, 2017, for a four-year term, and was reappointed for a second term on August 7, 2021. His tenure has been governed by the Bank of Ghana Act, 2002 (Act 612), as amended, which limits the First Deputy Governor to two full terms.
During his tenure, he played a critical role in monetary policy decisions, economic stability initiatives, and banking sector reforms.
Bank of Ghana’s Statement
In a statement, the Bank of Ghana expressed gratitude to Dr. Opoku-Afari for his dedicated service to the Bank and the Republic of Ghana.
“The Bank of Ghana appreciates Dr. Maxwell Opoku-Afari for his leadership and unwavering commitment to the institution. We wish him the very best in his future endeavors.”
As Ghana awaits the appointment of his successor, the central bank is expected to ensure a seamless transition in its leadership structure.
