Corporate governance key to Ghana’s economic transformation — GBA
The Vice President of the Greater Accra Regional Branch of the Ghana Bar Association (GBA), Andrew Apau Obeng, has called for stronger corporate governance practices, saying they are essential to Ghana’s economic transformation, investor confidence and job creation. Speaking on the Asaase Breakfast Show on Monday (13 J...

The Vice President of the Greater Accra Regional Branch of the Ghana Bar Association (GBA), Andrew Apau Obeng, has called for stronger corporate governance practices, saying they are essential to Ghana’s economic transformation, investor confidence and job creation.
Speaking on theAsaase Breakfast Show on Monday (13 July)ahead of the Greater Accra Bar’s 2026 Law Week, Apau Obeng said Ghana already has adequate corporate governance laws but continues to struggle with enforcement and compliance.
“We have enough rules. We have the Companies Act, organisations have their own constitutions and sector-specific regulations. The issue is enforcement,” he said.
The 2026 Law Week is themed “Corporate Governance Rebooted: From Rules to Transformation.”
According to him, lawyers occupy a strategic position in ensuring organisations comply with governance principles that promote transparency and accountability.
“Our role as lawyers is to ensure that we know these rules and wherever we find ourselves, we do not walk away from our core objective of ensuring compliance,” he stated.
Apau Obeng said poor governance had contributed to the collapse of businesses and weakened investor confidence.
“If businesses are collapsing, that is not good news for the country. Strong corporate governance enhances investor confidence because investors know the rules are being enforced,” he said.
He also stressed that board appointments should prioritise competence rather than family or personal relationships.
“You want to ensure independence in decision-making. Recruitment must be based on expertise and who can best help the organisation achieve its objectives,” he noted.
The lawyer further argued that a vibrant private sector depends on accountable leadership.
“When you have a strong corporate environment where there is continuity, accountability and adherence to the rules, you create meaningful employment and a stronger economy.”
The Greater Accra Regional Bar will hold its flagship Law Week conference on Tuesday, bringing together legal practitioners, academics, corporate executives and regulators to discuss governance reforms.