Section 12, The Bank of Sierra Leone Act, 2000

(1) There shall be a Board of Directors of the Bank which shall be responsible for the policy and general administration of the affairs and business of the Bank. (2) The Board shall consist of— (a) the Governor who shall be Chairman; (b) the Deputy Governor; (c) five other directors, all of whom shall be appointed by the President subject to the approval of Parliament. (3) The Governor, or in his absence or temporary incapacity the Deputy Governor, shall be in charge of the day-to-day management of the Bank and shall be answerable to the Board for his acts and decisions. [Margin: Governor and Deputy Governor]