Print Options

No person shall be qualified to be a director of the Bank-

(a) unless he is a citizen of Ghana, or in the case of an elected director unless he is domiciled in Ghana;

(b) in the case of a person required to be elected by the shareholders, unless he holds in his own right unencumbered shares of the Bank of the nominal value of not less than one thousand cedis;

(c) if he is an undischarged bankrupt having been adjudged or otherwise declared bankrupt under any law in force in Ghana or in any other country;

(d) if he is a person adjudged to be of unsound mind;

(e) if he is convicted of a felony or any offence involving dishonesty or moral turpitude and in each case has not been granted a free pardon;

(f) if, being a person possessed of professional qualification, he is disqualified or suspended, otherwise than at his own request, from practising his profession in Ghana or in any other country by the order of any competent authority made in respect of him personally.