BoG Confirms Majority of New Staff After Probation Review, Reinforces Commitment to Performance Standards

The Bank of Ghana has completed a routine staff review following the end of a six-month probation period for newly hired employees, confirming the appointments of a majority while parting ways with those whose performance fell short of internal benchmarks.

According to a letter dated June 19, 2025, addressed to affected staff and currently circulating on social media, the central bank stressed that the outcome was strictly based on the performance metrics outlined in each employment contract.

Sources within the Bank’s Human Resource and Capacity Development Department confirmed that more than half of the newly engaged personnel were retained after a rigorous assessment of their contributions, alignment with the Bank’s institutional values, and ability to support strategic priorities.

The review forms part of the Bank’s broader human capital strategy to uphold a high-performance, results-driven culture, critical to its mission of promoting macroeconomic and financial stability.

Staff whose contracts were not confirmed will receive a month’s salary in lieu of notice and have been instructed to return all institutional property by Monday, June 23, 2025.

“Kindly ensure that all items belonging to the Bank that are currently in your possession are retumed to the Human Resoarce and Capacity Development Department on or before Monday, June 23, 2025” The Bank’s termination letter to the affected staff noted.

Although the Bank has yet to release a formal public statement, officials say such exercises are fundamental to maintaining institutional integrity, productivity, and alignment with national development goals.

The Bank of Ghana expressed gratitude to all departing staff for their service and extended best wishes for their future endeavors.

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