GHC4 Million Pay For GCB Bank Boss Rejected

Shareholders of the GCB Bank have shot down a motion to increase the yearly remuneration of the Bank’s Directors, from GHȼ2.5 million to GHȼ4 million. The motion was put forward by the Board at the Bank’s 23rd Annual General Meeting (AGM) in Accra on Friday but shareholders did not approve it, saying the proposed GHȼ4 million per annum was too high.

 
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