Friday Nov 15, 2024
Friday Nov 15, 2024
Thursday, 2 April 2015 00:00 - - {{hitsCtrl.values.hits}}
The Govt. has described some commercial bank boards as a ‘stinking mess’. So how do we prevent history from repeating itself in the form of new ‘odours’? Let’s think about:
n How are new appointees selected? Is the selection process transparent and if so, to whom? Is it based on a pre-defined profile or based on opinions?
n Does the current percentage shares held by the GOSL warrant a single shareholder to unilaterally make such appointments in commercial banks?
n What about the ‘voice’ of the minority shareholders?
May the new ‘flavours’ linger for the good of all stakeholders!
(The author is a politically independent strategist)
