AGRICULTURAL DEVELOPMENT CREDIT AND CO-OPERATIVE BANK ACT - 1965 (ACT 286)

Section - 7 - Board of Directors

(1) The Board of Directors, hereafter referred to as the Board, shall consist of the following persons:-

(a) the Managing Director;

(b) an Executive Director to be appointed from the Management's staff of the Bank by the Member of the Council responsible for Finance;

(c) a representative of the Bank of Ghana;

(d) a representative from the Ministry of Finance;

(e) two Directors appointed, by the Member of the Council responsible for Finance, one of whom shall be conversant with agricultural matters and the other in co-operative matters; and

(f) a representative nominated by shareholders."

(2) The Chairman shall be appointed by the aforesaid Member from amongst them. [As substituted by Agricultural Development Bank Act, 1965 (Amendment) Decree 1967 (NLCD 182) s. 5].

(3) The Chairman shall be appointed by the President on the recommendation of the Minister.