The Industrial and Commercial Workers Union (ICU) has raised concerns over what it describes as the menace of board chairmen “hijacking” the administrative work of certain institutions
A Deputy General Secretary of the ICU in charge of Operations,
He said the
“These board chairmen have planted themselves in these rural and community banks and they take administrative decisions, including the signing of queries and dismissal letters.
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“What, then, is the work of the administrators and general managers of these banks?” he asked.
Mandate of boards
He said by law and corporate structure, the mandate of boards of directors was to provide direction and formulate policies for implementation by the management of
“But these days the trend has changed. They find space within the premises of the banks and try to influence day-to-day activities as if they are part of the management of the banks,” he said.
Fracas between management and boards
The ICU’s concern comes on the heels of
Notable among the conflicts was the one between the Auditor-General,
On July 27, 2018,
He accused the board chairman of manipulating procurement processes and trying to control him.
Prof. Dua Agyeman, however, denied the allegations and insisted that it was the Auditor-General who had refused to work with the board on the basis that he was not answerable to the board.
At one point during the
To resolve the impasse, President Akufo-Addo dissolved the board and appointed a new one this month.
Another problem in relation to the activities of the board chairmen, he said, was the difficulty workers faced in having their grievances addressed.
“Whenever there is an issue affecting workers of these banks who are members of ICU and the union
“Every decision is referred to the board chairmen. Even during salary negotiations, you see board chairmen being part. That is not proper. The general managers and management teams are supposed to be responsible for negotiations and then take their mandate from the board,” he added.
On how to deal with the problem,
He said if action was not taken, some RCBs would fail in delivering on their mandate of providing financial services for the rural folk.
“Because these banks are operating in the rural areas, their actions and inaction are not easily noticed. The workers are also afraid to talk about these things. The time has come for the central bank to take a critical look at rural banks,“ he said.
Trade union is key
Touching on some of the challenges facing the ICU,
He said some workers had also contributed to the problem by not insisting on their fundamental right to form associations.
“As a worker, you cannot contribute your quota meaningfully for the attainment of desirable outcomes at workplaces without the presence and protection of a trade union,” he said.