Business News of Tuesday, 21 May 2019Source: www.ghanaweb.comDon't appoint a director who depends on board allowance for survival –Prof. Stephen Adei, NDPC ChairmanChairman of the National Development Planning Commission (NDPC), Prof. Stephen Adei, has advised corporate organizations against assigning Board of Directors who are not ‘self-sufficient’. According to him, directors’ key role of supervising the legal and financial decisions of the company must not be hindered by the voracity for money. In his words, “If you appoint somebody to your board, who needs your board allowance for survival, you are not going to get a good one. He doesn’t need your money or board allowance.”He was making his point as a panel at the day two of the 2019 Ghana CEO Summit in Accra today.
Source: GhanaWeb May 21, 2019 19:52 UTC