Bank of Ghana Governor Henry Kofi Wampah will officially retire today.
The BOG governor prior to his exit said Tuesday, he’s cutting short a four-year term supposed to be ending officially on Aug. 5, but told Reuters he had informed President John Mahama of his intention to leave by the end of this month.
The decision, he said , was partly informed by the presidential and parliamentary elections slated for November, 2016.
“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,” Wampah said.
One of his two deputies, Millison Narh or Abdul Nashiru Issahaku, was expected to take over as interim central bank governor until the next successor is named by President Mahama.
Wampah in his tenure contended to curb inflation and stem the decline of the cedi, amidst other fiscal challenges that bedeviled the West African nation.
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