This comes after changes were made to the composition of the Board.

Lydia Essah and Raymond Sowah will also serve as directors of the Bank.

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Meanwhile Mr. Daniel Owiredu (Chairman), Mr. Moses Asaga, Mrs. Mona Quartey and Madam Faustina Nelson have resigned from the Board.

Mr Arthur, a former Managing Director of the First Atlantic Merchant Bank once served as the Chairman of the National Communications Authority (NCA) during the Kufour administration.

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He has expertise in various fields such as international finance and banking, management and industry.