Business News of Tuesday, 1 July 2025

Source: www.ghanaweb.com

Archie Hesse steps down as GhIPSS CEO

Archie Hesse is the immediate past CEO of GhIPSS Archie Hesse is the immediate past CEO of GhIPSS

Archie Hesse has officially stepped down as Chief Executive Officer of the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS), effective July 1, 2025.

His departure marks the end of a distinguished career that spanned nearly two decades.

Hesse joined GhIPSS in 2007 as General Manager for Projects and Business Development and quickly became instrumental in building Ghana’s digital payment infrastructure.

He oversaw the rollout of key systems such as the e-zwich biometric card, the Cheque Codeline Clearing (CCC) System, the Ghana Automated Clearing House (GACH), and the Gh-link switch for domestic card transactions.

One of his major achievements was leading the introduction of GhIPSS Instant Pay (GIP) in 2015, which enabled real-time interbank transfers and laid the groundwork for mobile money interoperability in 2018.

In 2022, he partnered with the Ghana Association of Banks to launch GhanaPay, a shared mobile money platform aimed at promoting financial inclusion and strengthening the digital presence of traditional banks.

Under his leadership, GhIPSS transformed from a government-supported entity into a financially independent institution, fully aligned with the Bank of Ghana’s vision for a cash-lite economy.

Following his departure, the Board has appointed Kwadwo Ntim, General Manager for Operations and Technology, as Acting CEO.

DR/MA

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