Ghana’s Interbank Payment and Settlement Systems Limited (GhIPSS), a wholly owned subsidiary of the Bank of Ghana, has named Clara B. Arthur as its new Chief Executive Officer, effective September 1, 2025, the company announced.
Arthur, an experienced executive in banking and payments technology, will succeed Archie Hesse, who led GhIPSS for over a decade. Her appointment comes at a pivotal time for the institution, which manages the country’s core interoperable payment infrastructure.
“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,” said Dr. Johnson Asiama, Governor of the Bank of Ghana and Chairman of the GhIPSS Board.
Arthur brings decades of experience across banking, technology, and consulting. She previously held senior leadership roles at Fidelity Bank Ghana and E Process International S.A., part of the Ecobank Group. In addition to corporate roles, she has also led advisory work in IT and payments systems, focusing on digital infrastructure and innovation.
“It is more of a return for me and I look forward to work alongside this talented team to continue the legacy of GhIPSS,” Arthur said. “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.” She said.
GhIPSS was established in 2007 to manage Ghana’s national payments infrastructure. The institution operates key platforms including:
- E-zwich, a biometric smart card retail payment system;
- Cheque Codeline Clearing (CCC) and Automated Clearing House (ACH) systems;
- Gh-link, the national switch and processing platform;
- GhIPSS Instant Pay (GIP), which enables real-time interbank payments;
- GhanaPay Mobile Money, a bank-led mobile wallet platform.
Its infrastructure supports all licensed banks, including ARB Apex Bank and rural and community banking affiliates, as well as mobile money providers, fintech firms, and international card schemes.
Arthur’s appointment follows growing demand for more integrated and reliable digital payment systems across West Africa. Ghana, a regional leader in mobile money adoption, is expected to expand real-time, cross-platform interoperability to support financial inclusion and economic formalization.
GhIPSS at its inception in 2007 had Archie Hesse as its General Manager for Projects and Business Development who rose to become CEO five years later. He led the charge in building Ghana’s digital payments infrastructure from the ground up. Over his 13-year tenure as CEO, he introduced groundbreaking payment solutions that have not only modernized financial services but positioned Ghana as a model for digital transformation across Africa.
