Summary
The objectives of this directive is a) to require regulated financial institution to adopt sound corporate governance principles and best practices to enable them to perform their role in enhancing economic growth in Ghana; b) to promote and maintain public trust and confidence in regulated financial institution by prescribing sound corporate governance standards which are critical to the proper functioning of the banking sector and the economy as a whole; and c) Minimise the possibility of regulated financial institution failures that are usually rooted in poor corporate governance practices.