Former UMB Director George Smith-Graham appeals High Court ruling over BoG's rejection of his UMB board chair appointment, arguing BoG overstepped authority.

Former UMB Director George Smith-Graham will appeal the High Court's decision upholding the Bank of Ghana's (BoG) rejection of his appointment as UMB board chair. Smith-Graham claims the BoG overstepped its authority by imposing additional requirements not mandated by Act 930 or Corporate Governance Directives. The outcome of his appeal is expected to have significant implications for governance practices in Ghana's banking industry.

August 03, 2024
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