Salary Of Bank Of Ghana Workers

The bank of Ghana is also regarded as the Central Bank of the country. It is licensed to regulate and supervise all other financial institutions in the country.

SHORT HISTORY ABOUT THE CENTRAL BANK OF GHANA (BoG).

The Bank of Ghana Ordinance (No. 34) of 1957, which was approved by the British Parliament, established the bank two (2) days before Ghana declared its independence, on March 4, 1957. The Bank of Ghana was formally launched in July 1957.

The issue department didn’t start up until July of the following year, while the bank did on August 1 of that year. The Bank of Ghana Act of 2002 is the legislation that governs the current Central Bank of Ghana (Act 612).

FUNCTIONS OF THE CENTRAL BANK OF GHANA (BoG)

1. It formulates and implements monetary policies which aim at achieving the objectives of the Bank.
2. It stabilizes the value of the currency within and outside the country.
3. It institutes measures that are likely to have effects on the balance of payments and the development of the economy.
4. The bank of Ghana regulates and directs the banking and credit system.
5. It regulates payment and settlement systems.
6. It issues and redeems the bank notes and coins from the system.
7. It manages Ghana’s external financial services.
8. The bank licenses and regulates other banks and financial institutions
   .
9. It acts as a banker and financial adviser to the state.
10. It promotes relations with international banking and financial institutions.

DEPARTMENTS OF THE CENTRAL BANK OF GHANA.

1. The Governor’s Office.
2. The Administration/Personnel Department.
3. The Banking Department.
4. The Issue Department.
5. The Accounts/Audit Department.
6. The Economics/Statistics Department.

KEY EMPLOYEES OF THE CENTRAL BANK OF GHANA (BoG)

• Governor – Dr. Ernest Addison

• First Deputy Governor – Dr. Maxwell Opoku-Afari

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• Second Deputy Governor – Mrs. Elsie Addo Awadzi

• Assistant Directors – Grace Akrofi and Pearl Nanfuri

• Assistant Director Of Information Technology – Kwesi Debrah

• External Directors – Dr. Samuel Nii-Noi Ashong, Mr. Joseph B. Alhassan, Dr. Kwame Owusu-Nyantekyi, Hon. Charles Adu Boahen, Mr. Andrew Adinorte Boye-Doe, Mrs. Comfort F. Ocran, Mr. Jude Kofi Bucknor, Ms. Angela Kyerematen-Jimoh, and Dr. Regina Ohene-Darko Adutwum, and Prof. Eric Osei-Assibey.

• Head Of Operations – Paul Mensah

• Head Of Payroll Department Chief – Samuel Annan

• Financial Stability Head – Joseph France

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What is the salary Of Bank Of Ghana Workers?

SALARIES OF THE EMPLOYEES.

The Head of the Central Bank in Ghana, thus the Governor of the Bank of Ghana earns GH¢ 124,100.00.

The salaries of the two Deputy Governors are a little less than those of their superiors. Other employees make a range of salaries. The minimum and maximum average salaries for employees at the Bank of Ghana are 859.00 Ghana cedis and 94,833.00 Ghana cedis, respectively.

There are other work-related benefits that all workers enjoy.