Board Chairman of the Electricity Company of Ghana (ECG), Alexander Afenyo-Markin, has brushed off requests to dissolve the board as out of context.

Some leading energy think tanks, including the Africa Centre for Energy Policy (ACEP), have called for the dissolution of ECG's board over claims of mismanagement and large financial losses.

According to ACEP, revenue losses increased dramatically from GH¢295 million in 2017 to GH¢9.7 billion in 2022.

During the appointment of David Asamoah as the acting managing director of ECG, Afenyo-Markin responded to these requests by emphasizing that stakeholder engagement, not board dismissal, is what is required for the efficient management of the organization.

“I think that is a misplaced position. However, I accept the fact that we must place our shoulders to the wheel for reforms. I mean, from outside and coming in. I think that ECG can be very efficient if we subject ourselves to reforms. And reform would involve engaging all stakeholders internally and communicating these to the external stakeholders.

“So it is an all-inclusive matter, and I don’t want this blame game approach where we are blaming the public and the public is also blaming us,” a report by citinewsroom.com said.

He went on to assure that there would not be any power outages as a result of Samuel Dubik Mahama's resignation as MD of ECG.

“The board has received the support of management in its decision, and we are here to assure you that the fact that we have had changes in management will not mean that you are going to have some interrupted power supply.

“The entire system of the company is in place, and the company will continue to provide the essential services that it provides for Ghanaians and the country.”

KA

Watch the latest edition of BizTech below:





Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.

Click here to follow the GhanaWeb Business WhatsApp channel