ARCHIE HESSE BOWS OUT AS CEO OF GHANA INTERBANK PAYMENT AND SETTLEMENT SYSTEMS (GhIPSS)
The Board and Management of Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) today announced the retirement of Mr. Archie Hesse as Chief Executive Officer, effective July 1, 2025, after nearly two decades of transformative leadership in Ghana's financial sector.
Mr. Hesse joined GhIPSS in 2007 as General Manager in charge of Projects and Business Development. During his tenure, he spearheaded the implementation of foundational systems that shaped Ghana's modern payment landscape, including:
- The National Biometric Smart Card Banking and Payment System (e-zwich)
- The Cheque Codeline Clearing (CCC) System and Ghana Automated Clearing House (GACH)
- The National Switching and Processing System (gh-link)
Landmark Achievements
A landmark achievement was the 2015 launch of GhIPSS Instant Pay (GIP), which revolutionized interbank payments and enabled Ghana's groundbreaking mobile money interoperability in 2018. Most recently, he championed GhanaPay, a shared bank-wide mobile money platform supporting financial inclusion.
Under Mr. Hesse's leadership, GhIPSS evolved from a subvented entity to a self-sustaining institution while maintaining its role as critical national financial infrastructure.
The Board has appointed Mr. Kwadwo Ntim, General Manager for Operations and Technology, as Acting CEO.
Board Tribute:
"The Board, Management and Staff of GhIPSS extend our deepest appreciation to Mr. Hesse for his extraordinary leadership and enduring contributions to Ghana's financial services industry and the Bank of Ghana's cash-lite agenda."
About GhIPSS
GhIPSS, a wholly owned subsidiary of the Bank of Ghana, was incorporated in May 2007 to implement and manage interoperable payment system infrastructures for banks and non-bank financial institutions in Ghana. Its systems are used by all banks, mobile money operators, fintechs and third-party payment providers in the country.
Clemencia Tetteh
Head, Corporate Affairs and Communications
Ghana Interbank Payment and Settlement Systems (GhIPSS)
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
