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The governing body of the Authority is a Board consisting of

(a) a chairperson;

(b) one representative from the Office of the President;

(c) one official of the Ministry of Finance not below the rank of a Director, nominated by the Minister responsible for Finance;

(d) one chartered accountant of good standing with considerable
experience in corporate and commercial industry practice, nominated by the Institute of Chartered Accountants, Ghana;

(e) one legal practitioner of good standing of not less than ten years at the Bar, with relevant professional experience in corporate and commercial law practice, nominated by the Ghana Bar Association;

(f) the Director-General of the Authority; and

(g) three other persons at least two of whom are women, nominated by the President.

(2) The President shall, in appointing persons under paragraphs (a), (b) and (g) of subsection (1), have regard to their expert knowledge.

(3) The members of the Board shall be appointed by the President in accordance with article 70 of the Constitution.