Elsie Addo Awadzi, the Second Deputy Governor of the Bank of Ghana (BoG), has officially announced her retirement from the Central Bank, set to take effect on February 28.

The Presidency confirmed her decision in a statement released on Friday, February 7, 2025, acknowledging her years of dedicated service to the institution and the country’s financial sector.

President John Dramani Mahama accepted her early retirement and extended his appreciation for her contributions to economic governance and financial stability.

“The President thanks Mrs. Elsie Addo Awadzi for her distinguished service to the Bank and the Republic and wishes her well in her future endeavors,” the statement read.

During her tenure at the Bank of Ghana, Awadzi played a key role in strengthening monetary policy and ensuring stability in the financial sector. Her leadership was instrumental in shaping policies that promoted economic resilience.

As she departs from her position, her impact on Ghana’s banking sector remains significant, with expectations that her expertise will continue to influence financial governance beyond the Central Bank.