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Former GN Savings and Loans Staff to Reapply as Bank Moves to Resume Operations

Former GN Savings and Loans Staff to Reapply as Bank Moves to Resume Operations

Source: Nana Kwesi Boakye

GN Savings and Loans has begun processes to resume operations before the end of the year following the Court of Appeal’s ruling restoring the company’s licence.

The development was confirmed by Nana Kweku Nduom, President of Groupe Nduom, during an interview on Channel One TV’s The Point of View, where he disclosed that preparations are underway for the institution’s return.

Speaking to Atinka News, the spokesperson for GN Bank, Atta Kwaku Boadi, explained that former employees of the bank would be allowed to reapply for their previous positions, but their reinstatement would not be automatic.

According to him, all former staff members would be required to undergo a fresh recruitment process before any decision is made regarding their re-employment.

Mr. Boadi stated that the bank would assess whether it remains in its best interest to work with former employees based on current operational needs and circumstances.

He noted that some former workers may no longer be available or interested in returning because they may have relocated, secured new employment opportunities, or passed away during the period the institution remained closed.

The spokesperson further disclosed that the upcoming recruitment exercise would also be opened to the general public, allowing qualified Ghanaians to apply for available positions once operations officially resume.

According to him, both parties involved in the legal dispute are expected to receive the full court judgment before the final processes toward the bank’s operational return are completed.

The Court of Appeal recently ordered the restoration of GN Savings and Loans’ licence, reversing an earlier High Court ruling and directing that the company’s assets and management be returned.

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