IMC for Gomoa Rural Bank

A-five member Interim Management Committee (IMC) headed by the Nana Edu Effrim X, chief of Apam, has been put in place to steer the affairs of the Gomoa Rural Bank until a permanent Board of Directors is elected.

This took place at an extraordinary meeting of the shareholders at Apam after the shareholders had unanimously passed a vote of no confidence in members of the Board of Director of the Bank.

According to the shareholders,  the vote of no confidence was because the Board among other things failed to call an Annual General Meeting to deliberate on the 2012 Financial Statement and Account of the bank.

The shareholders also accused the Board for merging the bank with two others, a situation they described as not in their interest.

The banks are Gomoa Ajumako rural Bank at Gomoa Afransi and Eastern Gomoa Assin Rural Bank at Gomoa Dominase.

The IMC chairman promised the shareholders that they would not abuse the confidence reposed in them and that they would work hard to salvage the image of the bank.

Other members of the IMC are Mr James Amoah, a retired director of Audit Service, Mr Hayford Adu Quaye and Mr William Mensah both educationists, and Madam Ernestina Pratt, a retired Principal Nursing Officer.

Source: GNA