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10th August 2023 12:44:08 PM
1 min readBy: Chris Kodo
Each independent director on the board of the Bank of Ghana is allegedly paid US$8,000 per month, according to Bright Simons of IMANI Africa.
According to the Bank's 2022 annual report, there are thirteen directors total, including the governor, his two vice presidents, and the remaining 10 directors.
He points out that the number is higher than average compared to other African nations, particularly Kenya and Nigeria.
His message was sent at a time when the Minority in Parliament is pressuring the bank's leadership to leave due to a loss that, according to the most recent report, is equal to $6 billion USD.
"The Bank of Ghana has 10 independent Directors. It seems some people, esp in the Political Opposition, are not happy that they are paid ~$8,000 a month (~86,000 GHS).
Given the calibre of people needed to helm a central bank board, what would folks be comfortable with?" he quizzed.

The ten independent directors are as follows:
Dr. Samuel Nii-Noi Ashong - Non-Executive DirectorMr. Joseph B. Alhassan - Non-Executive DirectorDr. Kwame Owusu-Nyantekyi - Non-Executive DirectorMr. Andrew Boye-Doe - Non-Executive DirectorMrs. Comfort F. Ocran - Non-Executive DirectorMr. Jude Kofi Bucknor - Non-Executive DirectorDr. Regina Ohene-Darko Adutwum - Non-Executive DirectorMr. Charles Adu Boahen - Non-Executive Director (Till 24/11/2022)Ms. Angela Kyerematen Jimoh - Non-Executive DirectorProf. Eric Osei-Assibey - Non-Executive Director
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