FOR IMMEDIATE RELEASE

Mrs. Clara B. Arthur Appointed Chief Executive Officer of Ghana Interbank Payment and Settlement Systems Limited (GhIPSS)

Accra, Ghana – August 5, 2025

Clara B. Arthur The Board of the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), a subsidiary of the Bank of Ghana, is pleased to announce the appointment of Mrs. Clara B. Arthur as Chief Executive Officer (CEO) of GhIPSS, effective 1st September 2025.

Mrs. Arthur brings a wealth of experience in the financial services and technology industry, with a proven track record of leadership, innovation, and driving growth. Prior to joining GhIPSS, she held leadership positions at Fidelity Bank Ghana, E Process International S.A (Ecobank Group), and served in private consultancy roles, providing technical guidance and expert advice in IT and payment solutions.

Dr. Johnson Asiama, Governor of the Bank of Ghana and Board Chairman of GhIPSS, stated: “We are confident that Mrs. Arthur will bring a fresh perspective and strategic vision to GhIPSS, and will help lead the institution into the next phase of growth and success.”

Commenting on her appointment, Mrs. Arthur said: “I am honoured to step into this role at this pivotal time. It is more of a return for me and I look forward to work alongside this talented team to continue the legacy of GhIPSS. Together we will continue to drive meaningful impact, embrace new opportunities, and shape a future in the payments industry that we can all be proud of.”

We also take this opportunity to thank Mr. Archie Hesse for his leadership and dedication during his tenure as CEO.

About GhIPSS

Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) is a wholly owned subsidiary of the Bank of Ghana. It was incorporated in May 2007 with a mandate to implement and manage interoperable payment system infrastructures for banks and non-bank financial institutions in Ghana.

GhIPSS currently operates the following systems:

  • National Biometric Smart Card Banking & Retail System – e-zwich®
  • Cheque Codeline Clearing (CCC) & the Automated Clearing House (ACH) Systems
  • National Switching and Processing System – gh-link™
  • GhIPSS Instant Pay (GIP)
  • GhanaPay Mobile Money

Its infrastructure is used by all banks in Ghana, including the ARB Apex Bank and its affiliates (the apex body for rural and community banks), savings and loans companies, international card schemes, mobile money operators, and fintechs.

Visit our website: www.ghipss.com

Media Contact:
Clemencia Tetteh
Head, Corporate Affairs and Communications
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 
FOR IMMEDIATE RELEASE

ARCHIE HESSE BOWS OUT AS CEO OF GHANA INTERBANK PAYMENT AND SETTLEMENT SYSTEMS (GhIPSS)

July 1, 2025 - Accra, Ghana

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.

Media Contact:
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.

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The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) is a wholly owned subsidiary of the Bank of Ghana.

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