Ashanti Announces Board Changes.Business Editors ACCRA Accra (əkrä`, ăk`rə), city (1984 pop. 867,459), capital of Ghana, a port on the Gulf of Guinea. It is Ghana's largest city and its administrative, communications, and economic center. , Ghana--(BUSINESS WIRE)--July 27, 2001 Ashanti Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. Company Limited ("Ashanti" or the "Company") is pleased to announce the appointment of Theophilus Ernest Anin, as a director of the Company with immediate effect. Anin is a professional banker and solicitor with over thirty years' experience in banking, financial management, analysis and consulting in the public and private sectors. He was until December 2000 the founder, Chief Executive Officer and Chairman of the Board of Directors of City Savings and Loans savings and loan n. a banking and lending institution, chartered either by a state or the Federal government. Savings and loans only make loans secured by real property from deposits, upon which they pay interest slightly higher than that paid by most banks. Company Limited in Ghana. He is currently a director of the Bank of Ghana The Bank of Ghana is the central bank of Ghana. It is located in Accra and was formed in 1957. Its name is abbreviated to BOG. History The history of the Bank of Ghana began with the Bank of the Gold Coast (BCG). . Anin is a graduate of Cambridge University, UK and has been a Solicitor of the Supreme Court of England since October 1959 and also a Fellow of the Institute of Bankers The Chartered Institute of Bankers (CIB) was founded in 1879, as the professional body for members of the banking profession in the United Kingdom. It was granted its royal charter in 1987. since September 1978. Save as set out in this announcement, Ashanti has not received any other information on Anin to be disclosed under paragraph 16.4 of the Listing Rules of the UK Listing Authority. Ashanti also announces with regret that Alex Ashiabor has informed the Board of Directors today that, for personal reasons, he is stepping down as a non-executive director of the Company with effect from 31 July 2001. Ashanti welcomes Anin to the Board and wishes Ashiabor well in his future endeavours. A copy of this release is available at http://www.ashantigold.com/releases.htm. |
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