John Amegashie, General Secretary, UNICOF
John Amegashie, General Secretary, UNICOF
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The Union of Industry, Commerce and Finance (UNICOF) says it is happy with the central bank’s intervention to restructure the financial sector for a positive effect on the economy.

Although concerned about current unstable developments within the country’s financial sector, UNICOF leadership believes that efforts to streamline financial operations and inject new counter measures to deal with future setbacks into the system is in place, and applauded the Bank of Ghana for leading the way.

Speaking to ADR Daily on the sidelines of a training programme organized in Accra by Gamey and Gamey Group for Human Resource Managers, the General Secretary of UNICOF, Mr John Amegashie, however, expressed concern over the involvement of politicians in the financial sector, which has resulted in some of the shortfalls.

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“You realize that anytime government changes hands, politicians find a way to be appointed to head the financial institutions. Banking is a serious business, and it needs to have people of skill, the acumen and knowledge to represent the institutions,” he said. .

Mr. Amegashie reiterated the immense contribution of the banking sector to the Ghanaian economy, and urged the government not to countenance any corrupt practices that have the potential of ruining the gains made so far in the sector.

“The banking sector helps to grow and hold the economy, so if the sector is corrupt then you must know what we are dead as a country,” he added.

Touching on the need for periodic training for workers, the UNICOF General Secretary stressed the need for the banking sector to secure a well trained staff.

“We need to have a lot of training for our workers in the financial institutions, because they represent the service sector and they provide service. So knowledge about the customer appreciation, productivity and performance enhancement are very key to business growth,” he said.

By Benjamin Nana Appiah/