Threats and challenges to growth and sustainability of the financial sector  Financial sector growth and sustainability cannot be achieved alone by the government undertaking major legislative reforms or the Central Bank formulating and implementing sound monetary policy and carrying out an effective supervision of the financial system. Equally important is the need to adopt and implement good governance in the financial sector.
Emphasis on corporate governance and the requirement to ensure ‘fit and proper’ persons to hold positions on the board and management cannot be emphasized enough. We continue to emphasis that good governance should be the top priority of all financial institutions that come under our surveillance and supervision.