The Bank of Ghana (BoG) has placed all recently recalled staff, whose appointments were earlier terminated, on an extended probation, sources have told JoyBusiness.

Sources say the recall decision marks a significant shift from the Central Bank’s earlier plan to reinstate only a few based on operational needs and skill requirements.

Instead, all affected persons have been given a second chance under close evaluation.

“This is well within the Bank’s authority,” a source said, defending 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 needed by the Bank, which influenced the broader reinstatement.

JoyBusiness understands the recalled staff were engaged today, June 26, 2025, and are expected to resume duties next week.

The Bank of Ghana also told JoyBusiness that such decisions are typically made on a case-by-case basis, depending on the specific circumstances surrounding termination and internal workforce needs.

Background

On June 19, 2025, the Bank of Ghana terminated the employment of 97 staff who were hired after December 7, 2024, citing unsatisfactory performance during their probation period.

The affected employees were informed in writing that their appointments would not be confirmed.

The Central Bank clarified that the move followed an internal probation review, which revealed that due process had not been followed in some of the recruitments.

However, the Bank maintained that more than half of those recruited had their appointments confirmed, having passed the necessary assessments.

Officials insist the decision aligns with probation terms outlined in all employment contracts, which stated that confirmation would depend on satisfactory performance during a six-month probationary period.

The Bank has described the entire process as a routine HR exercise, not targeted at any individual or group within the institution.