The Bank of Ghana (BoG) has placed all recently recalled staff—whose appointments were earlier terminated—on an extended probation, sources have told JoyBusiness.
The recall marks a shift from the Central Bank’s earlier plan to reinstate only a few employees based on operational needs and skill requirements. Instead, all affected individuals are being given a second chance under close evaluation.
“This is well within the Bank’s authority,” a source said in defence of the move. “The Central Bank can re-engage terminated staff if their skills are deemed essential or if special circumstances warrant it.”
According to insiders, the recalled individuals possess skill sets currently required by the Bank, which influenced the broader reinstatement.
JoyBusiness understands the affected staff were engaged on Wednesday, June 26, 2025, and are expected to resume duties next week.
The Bank of Ghana also noted that such decisions are typically made on a case-by-case basis, depending on the specific circumstances surrounding the termination and the Bank’s internal workforce needs.
Background
On June 19, 2025, the Bank of Ghana terminated the employment of 97 staff members who were hired after December 7, 2024, citing unsatisfactory performance during their probation period.
The affected employees were formally informed that their appointments would not be confirmed.
The Central Bank explained that the decision followed an internal probation review, which revealed procedural irregularities in some recruitment processes.
However, the Bank clarified that more than half of those recruited had their appointments confirmed after successfully meeting performance expectations.
Officials have described the move as a routine human resource exercise, not targeted at any individual or group within the institution.
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