Originally Posted by Jay Bharrat:
TK:
So it is wrong to have a consumer on the bank board to represent the consumers' point of view?
Basically, it's not wrong. But if you appoint a Freedom House driver to sit on the GNCB Board, you must make sure that he can at least read and understand a balance sheet and income statement. I can tell you with certainty, because I knew that particular driver, that he knew nothing about accounting, let alone banking.