The Board of Directors of Ghana Oil (GOIL) has denied knowledge of the appointment of a new Chief Executive officer (CEO) for the oil marketing company.
In a statement released in Accra over the weekend, and signed by the Board Chairman, Professor William Asumaning, it made clear that GOIL has a way of appointing its CEO, and so far as the board was concerned, the procedure has not been activated.
The following is the full press statement.
Information available to the GOIL Board, per a publication on Ghanaweb on Friday, the 24th of February, 2017, captioned “Nana Addo Picks New Heads for Forestry Commission, Ghana Health Service and GOIL“, indicates that the new CEO appointed for GOIL is one Mr. Osei Prempeh.
The Board would like to draw the attention of the SHAREHOLDERS and the public to the fact that GOIL is a public listed company on the Ghana Stock Exchange with its own Regulations. The Regulations state the process through which a CEO can be appointed or removed.
The Board would like to state emphatically that it is not aware of the observance of such processes, as stated in the regulations leading to the appointment of any CEO, and that we as a Board have not made any such appointment.
Signed:
Prof. William Asumaning
(Board Chairman)
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