The recent termination of several Bank of Ghana (BoG) employees has reignited discussions about adherence to employment contracts and maintaining institutional performance standards.
The Majority Leader, Mr. Mahama Ayariga, has clarified that the affected staff were on fixed six-month probationary contracts, which concluded recently.
Speaking in Parliament, Mr. Ayariga explained that these workers were recruited during the final days of the previous administration and that their probation periods naturally ended without automatic confirmation of employment. The Governor of the BoG, tasked with overseeing human resource decisions, opted not to offer permanent positions to those whose performance did not meet the Bank’s expectations.
“Employment contracts clearly specified a six-month probationary period subject to performance assessment. The Governor, after careful review, decided against permanent engagement for certain staff,” Mr. Ayariga stated, emphasizing that the process was in strict compliance with contractual terms.
Highlighting a willingness to balance fairness with performance accountability, the Majority Leader also revealed that, following interventions, the BoG Governor extended probation for some affected employees by an additional six months. This extension aims to give these individuals another opportunity to demonstrate their capabilities and secure permanent roles.
The terminations, which involved approximately 97 employees hired post-December 7, 2024, had drawn criticism from opposition lawmakers who questioned the transparency and legality of the process. They labeled the action “unconstitutional and unjust,” demanding that the Central Bank Governor appear before Parliament to offer explanations.
In response, BoG officials have reiterated that all decisions adhered to the contractual framework governing probationary employment, underscoring the institution’s commitment to maintaining high performance and operational excellence.
As the debate continues, the BoG affirms its dedication to fair employment practices balanced with the imperative to uphold the integrity and efficiency vital to Ghana’s financial stability.
