Section 19, The Banking Act, 2019

(1) A bank or financial holding company shall notappoint– (a) chief executive or deputy chief executive; (b) executive director or deputy executive director; (c) Board member or key management personnel; (d) agent who carries on banking business on its behalf; or (e) any other officer as the Central Bank may determine, unless prior written approval of the Central Bank is obtained. (2) Where there is any change in the appointment of the chief executive, deputy chief executive, executive director, Board member, key management personnel, agent and any other officer under subsection (1), the bank or financial holding company shall promptly notify the Central Bank. (3) A chief executive, deputy chief executive, executive director and any other officer that the Central Bank may determine, of a bank or financial holding company shall after the appointment reside in Sierra Leone