Ghana: GCB Board Will Be Independent

Accra — The Board Chairman of Ghana Commercial Bank (GCB) Mr. Pryce Kojo Thompson, has insisted that the Board will maintain its independence and will resist any government interference and policies which will be inimical to the interest of the Bank's shareholders despite that fact hat 70 percent of its members are government appointees.

He said notwithstanding the fact the fact that the government and the Social Security and National Insurance Trust together holds 51 percent of total shares making them majority share holders; there is still the need for the Board to be allowed to make effective decisions that will also favour the other 49 percent of share holders.

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