The Bank of Ghana (BoG) has completed a comprehensive staff probation review exercise, leading to the confirmation of appointments for the majority of its recently engaged personnel. The exercise, a routine part of the institution’s human resource strategy, saw a few individuals not having their appointments confirmed, a decision communicated in a letter dated June 19, 2025, which has since surfaced on social media.
The central bank emphasized that these decisions were made strictly in accordance with the terms outlined in the respective employment contracts. These contracts stipulate a six-month probationary period, contingent on satisfactory performance.
According to reliable internal sources, who spoke on condition of anonymity, over half of the new hires were successfully retained. The Human Resource and Capacity Development Department undertook a thorough evaluation process, considering various factors such as the employees’ alignment with the Bank’s core values and their potential to contribute meaningfully to its strategic objectives.
The official communication to the affected employees whose contracts were not confirmed stated that they would receive one month’s salary in lieu of notice. Furthermore, these departing staff members were advised to return all institutional property by the effective termination date of Monday, June 23, 2025.
While the Bank of Ghana has yet to issue a formal public statement regarding the review, senior officials have reiterated that such exercises are a standard part of the institution’s commitment to maintaining a high-performance work environment.
“This is a standard practice aimed at ensuring that all employees meet the expectations set out during the probation period,” one source informed GhanaWeb Business. “The Bank takes employment decisions seriously and applies principles of fairness, transparency, and and due process throughout,” the source added.
This outcome underscores the Bank of Ghana’s ongoing commitment to reinforcing strong institutional standards. It ensures that its human capital strategy remains aligned with its core mandate of promoting financial and operational stability within the Ghanaian economy.
The Bank also extended its appreciation to the departing staff for their service during their tenure and wished them success in their future endeavors.
