Governor of the Bank of Ghana, Dr. Ernest Addison
Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that corporate governance plays an important role in the financial sector.
He identified corporate governance breaches, overbearing shareholder behaviour and related party transactional breaches as some of the factors that led to the failure of some banks in the financial sector and their consequent resolution.
He reiterated the need for the Ghanaian society to uphold good corporate governance practices and pledged the Bank’s support for the work of the Institute especially as events in the banking sector has a rippling effect on the Ghanaian economic sector.
Vivo Energy s Ben Hassan Ouattara receives CEO Of The Year Award modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Resetting the economy back to resilience will be a gradual process over the next two to three years, the second Deputy Governor of the Bank of Ghana (BoG), Dr Maxwell Opoku-Afari, has said.
He said it would require collective and collaborative support and burden sharing to “build back better.”
Dr Opoku-Afari who was speaking at the 5th Chief Executive Officers Summit in Accra on Monday, said the BoG was committed to ensuring that the banking and other non-bank financial institutions remained resilient, inclusive and support the resetting Ghana’s post-COVID economy back to stability and growth.
The programme was on the theme “Resetting Ghana’s Economy: Policy Response and Strategies for Building a Resilient Economy Post-COVID Pandemic.”
705
The First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari has argued that transformational leaders are in critical need in a post Covid-19 era to enable organisations thrive.
According to him, in spite of the adverse socio-economic consequences of the COVID-19 pandemic, it is important to appreciate and take full advantage of some of the new ideas that have emerged as part of the new normal post-COVID.
This he believes takes transformational leaders to identify and pursue.
The First Deputy Governor of the Bank of Ghana made the remarks as part of his solidarity message to directors from various organizations across the African continent at the launch of a maiden monthly e-seminar series on the theme, “Transformational Leadership.”
Resetting economy back to resilience will be gradual process —Second Deputy Governor ghanaiantimes.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanaiantimes.com.gh Daily Mail and Mail on Sunday newspapers.