Governor of Ghana's central bank resigns

Ismail Akwei 

The Governor of the Bank of Ghana Dr Abdul Nashiru Issahaku has resigned after a year as the head of the country’s central bank.

He is reported to have cited personal reasons for his decision which takes effect April 1, 2017.

Dr Abdul Nashiru Issahaku was appointed Governor of the central bank last year by former President John Mahama whose presidential term ended after losing the December 7, 2016 election.

Prior to his appointment, Dr Issahaku was the Second Deputy Governor and previously the Chief Executive Officer of the Export Development and Agriculture Investment Fund.

Dr Issahaku took over the central bank during the country’s phase of rising inflation and depreciation of the cedi last year which is slowly gaining its value.