Dr. Maxwell Opoku-Afari, the current First Deputy Governor of the Bank of Ghana, has proceeded on leave from February 5, 2025, prior to the end of his contract.
According to the Bank of Ghana Act, 2002 (Act 612), as amended, Dr. Opoku-Afari’s tenure as First Deputy Governor ends on August 6, 2025, after successfully serving two full terms as allowed under the Act.
Dr. Opoku-Afari’s decision to proceed on leave ahead of the expiration of his contract marks the beginning of a transition period for the Bank of Ghana. As a seasoned economist and former staff member of the International Monetary Fund (IMF), Dr. Opoku-Afari has brought a wealth of experience to the role of First Deputy Governor.
“The Bank of Ghana has been fortunate to have Dr. Opoku-Afari’s expertise and leadership during his tenure as First Deputy Governor,” said a source familiar with the matter.
Dr. Maxwell Opoku-Afari has had a distinguished career in economics and finance, serving as the First Deputy Governor of the Bank of Ghana since August 7, 2017. Prior to his appointment, he worked at the IMF and held various positions at the Bank of Ghana, including Head of the Special Studies Division in the Research Department.
