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The Bank of Ghana has concluded a recent staff probation review exercise, resulting in the confirmation of appointments for the majority of newly engaged personnel, while a few individuals have not had their appointments confirmed.

According to a letter dated June 19, 2025, addressed to affected staff and circulating on social media, the Bank emphasised that the decisions were made in line with the terms outlined in the respective employment contracts, which stipulated a six-month probation period subject to satisfactory performance.

Reliable internal sources, speaking on condition of anonymity, confirmed that over half of the new hires were retained following a thorough evaluation process undertaken by the Human Resource and Capacity Development Department.

The assessment considered several factors, including alignment with the Bank’s values, and the potential to contribute meaningfully to its strategic objectives.

In the official communication to affected employees, the Bank noted that individuals whose contracts were not confirmed would receive one month’s salary in lieu of notice.

They were also advised to return all institutional property by the effective termination date of Monday, June 23, 2025.

Although the Bank has yet to issue a formal public statement, senior officials have reiterated that such exercises are routine and form part of the institution’s commitment to maintaining a high-performance work environment.

“This is a standard practice aimed at ensuring that all employees meet the expectations set out during the probation period,” one source told GhanaWeb Business.

“The Bank takes employment decisions seriously and applies principles of fairness, transparency, and due process throughout,” the source added.

The outcome of the review forms part of the Bank of Ghana’s ongoing efforts to reinforce strong institutional standards and ensure its human capital strategy is aligned with its core mandate of promoting financial and operational stability.

The Bank also expressed its appreciation to departing staff for their service and extended best wishes for success in their future pursuits.

MA

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