They provide that a good part of compensation should be variable, dependent on the bank’s performance, but with payment deferred for at least three years and in the form of securities, and with a claw-back clause in the event of unsatisfactory performance by the bank or the executive.
Paul A Acquah: Developing an efficient capital market in Ghana Statement by Dr Paul A Acquah, Governor of the Bank of Ghana, at “The official listing of Ecobank Ghana (EBG) Limited’s shares on the Ghana Stock Exchange (GSE)”, Accra, 14 July 2006. *  *  *  Distingueshed guests, Ladies and gentlemen.