GOIL Honours Former Board Chairman

Prof. William Asumaning (left) presenting the citation to Kweku Baah

Ghana Oil Company Limited (GOIL), Ghana’s premier indigenous oil marketing company, has honoured its former Board Chairman, Kweku Baah, with a citation.

A delegation led by the current Board Chairman, Prof. William Asumaning and the Managing Director, Patrick A.K. Akorli, also made presention to the former Board Chairman.

In the citation, the company expressed great appreciation to the sterling efforts made by Mr. Baah that resisted the outright sale of GOIL in 1997.

'This citation is presented to you in appreciation of certain key accomplishments and decisions taken by the Board during your tenure as the Chairman. Notable among these was the Board under your leadership, resisted the outright sale of GOIL at a time the company was struggling financially.

'You, from your exalted position, saw the potential inherent in GOIL and stood strongly by your convictions in resisting the intended disposal. Today, your position has been vindicated, with GOIL widely accepted as the OMC of choice for many Ghanaians,' the citation added.

'Principally for the above reasons, but most importantly for a job well done, GOIL is desirous of placing it on record, its appreciation for the role you have played in helping to build the company over the years,' the citation read.

In his acceptance speech, Mr. Baah expressed appreciation to GOIL for the kind gesture, stating, 'I am really touched by your gesture. I never knew somebody at GOIL was keeping the records and has remembered how we toiled in 1997 to resist the sale of GOIL; and today GOIL is widely accepted as the number 1 OMC in Ghana.'

The 80-year-old former Board Chairman presented an autographed copy of his strategic plan that helped him to halt the sale of the company in 1997 to the GOIL delegation.

Mr Kweku Baah was appointed the Board Chairman of GOIL in the year 1997 and served in that capacity till 2001.