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BoG to review compensation of bank CEOs in line with their banks performance


BoG to review compensation of bank CEOs in line with their banks performance

November 26, 2019 at 4:05 PM

The Bank of Ghana (BoG) will begin scrutinising the compensation packages of chief executive officers (CEOs) and key management personnel of banks in a bid to ensure that the banks’ operational costs are not passed on to customers.

Close scrutiny is also expected to be applied to the remuneration of bank directors.

These are part of a raft of measures to align compensation packages to the overall performance of the banks.
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