Duties of Governor

(1) The Governor shall be the chief executive officer of the Bank and, subject to the general policy decisions of the Board, shall be responsible for the management of the Bank including the organisation, appointment and dismissal of staff in accordance with the general terms and conditions of service established by the Board. (2) The Governor shall be the principal representative of the Bank and shall, in that capacity, have the authority– (a) to represent the Bank in its relations with other institutions and with Government; (b) to sign individually or jointly with other persons contracts concluded by the Bank, notes or securities issued by the Bank, reports, balance sheets and other financial statements, correspondence and other documents of the (c) to delegate his powers provided for in paragraphs (a) and (b) to other officers of the Bank. 16 (3) There shall be appointed two Deputy Governors to assist the Governor in the discharge of his duties under this Act.