Bank of Ghana (BoG) Governor, Henry Kofi Wampah, will retire this week, it has been reported.
Reuters reported Tuesday that Mr Wampah will be cutting short a four-year term during which he has struggled to curb inflation and stem the decline of the cedi.
According to Reuters, Mr Wampah has told President John Mahama of his intention to leave by the end of this month, to enable his successor settle in before presidential and parliamentary elections planned for November.
“I told him I wanted to leave office early and we have agreed that I will exit at the end of March,” Wampah said. “It is just fair to leave early in order to give enough room for my successor, whoever it might be, to settle down before we get to the elections,” he added.
Mr Wampah said he expected one of his two deputies, either Millison Narh or Abdul Nashiru Issahaku, to serve as interim central bank governor until the President chooses a permanent successor.