Edward Boateng appointed CEO of TOR



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President Akufo-Addo has appointed former Ghanaian Ambassador to China, HE Edward Boateng, as Managing Director of Tema Oil Refinery (TOR).

Edward Boateng served as the 15th Ambassador of the Republic of Ghana to the People’s Republic of China with concurrent accreditation to the Republic of Mongolia and the Democratic People’s Republic of Korea from June 2017 to November 2020.

Ambassador Boateng takes office at the Tema Oil Refinery at a time when public institution workers rose up against the former refinery management for what they called blatant mismanagement of the organization. .

TOR, one of the premium refineries in the West African sub-region until recently, has faced major challenges which have resulted in the refinery’s inability to realize its full potential.

According to Ambassador Boateng, he is set to lead TOR to ensure that the organization is not dismembered and sold, but rather reformed. “We are able to strengthen the capacity of the refinery to position its operations to meet local demand and export its products to the West African sub-region and beyond. “

Ambassador Boateng’s experience as an international strategist and his experience in management, mergers and acquisitions will be crucial as the government seeks a strategic partner for the refinery. The Akufo-Addo government believes that TORs remain an extremely important asset in the list of SOEs.

Profile

The Ghana Entrepreneurs Foundation honored Edward Boateng as Ghana’s Outstanding Ambassador for the years 2018 and 2019.

He led Ghana’s mission to China to gain recognition as an Outstanding Ghanaian Embassy for 2018.

Ambassador Boateng has also been recognized by the United Nations Permanent Representative in China as one of the most diligent and diligent ambassadors of his tenure abroad.

He helped organize the dormant African diplomatic corps in China into a very dynamic force.

Ghana-China relations

Ambassador Boateng initiated and played a key role in several programs and projects from China to Ghana. Some of these are the fishing port of James Town, the famous Sinohydro MPSA deal, which reinstates the suspended US $ 3 billion loan, and the Technical and Vocational Education and Training (TVET) program. .

He also succeeded in getting Ghana accepted as a member of the Asia Infrastructure Bank (AIIB). He is further credited with the leadership he showed in managing the expectations of Ghanaians in China and ensuring their security abroad when the COVID-19 crisis began.

Bilaterally, he worked to bring relations between China and Ghana to an all-time high, equaling the understanding between Osagyefo Kwame Nkrumah and Chairman Mao Zedong. This resulted in two State visits by President Akufo-Addo and Vice President Bawumia of the Republic of Ghana, as well as official visits by the First Lady, the Minister of Foreign Affairs and Regional Integration and of the chief of staff.

There have also been several high-level visits by various Ghanaian ministers of state and reciprocal visits by Chinese leaders to Ghana, including an official visit by Deputy Prime Minister Sun Chunlan in 2019.

Company Profile

Prior to serving as a diplomat, Edward Boateng was an African business leader, creating change and impacting lives and communities primarily through media and philanthropy.

He created Global Media Alliance (GMA), a Pan-African media and entertainment conglomerate, in 1998. Over the 23 years of the company’s existence, it has arguably grown into not only one of the best and most respected Ghana media, communications and event management companies. , with four diversified radio stations, a television channel and cinemas, but also a pioneer in the field of strategic communication consulting, entertainment and public relations in Africa.

A diligent and meticulous executor in his approach to the work, Ambassador Boateng has worked as an adviser in various capacities to African governments and leaders, including the governments of Nelson Mandela and Thabo Mbeki in South Africa, Olusegun Obasanjo of Nigeria, the former Ghanaian President John Kufuor, former Nigerian Head of State General Abdulsalami Abubakar and most recently as President Nana Addo Dankwa Akufo-Addo’s envoy.

He has served as a senior advisor to presidents, CEOs and senior executives of major global companies including Barclays Bank, Dangote Group, MTN, AirtelTigo, South African Broadcasting Corporation (SABC) and e.tv of South Africa, IPP Media from Tanzania. , the Nation Media Group in Kenya and the Financial Times in London.

In addition, he has served on the boards of many local and international organizations. These include the Millennium Development Authority (MiDA) in Ghana (chair), the Africa Board of the World Economic Forum (lead member), the Foundation for Journalistic Excellence (chair), the Gulf Co-operation Council (board member and communications strategy advisor), the National Communications Authority in Ghana and the African Business Roundtable (board member) and Orphanage Africa (chair). He is the sponsor of the Planeteer Movement of Ghana, an environmental movement that advocates sustainable environmental practices.

Edward Boateng was one of the founding members of the Nelson Mandela Foundation and acted as an advisor to it. He was also a key driver of the first Mo Ibrahim Award for African Leadership Achievement. He contributed to the development of the Africa CEO Forum, produced by Jeune Afrique.

He has received numerous international awards and recognitions, including the Order of the Volta (Civil Division) from the Government of Ghana, the Turner Award, recognition by the City of Philadelphia with the Keys to the City, African Business Leader of the Year 2013 by the Jeune Afrique Group in New York, and Media and Entertainment Entrepreneur 2011 at the Ghana Entrepreneur Awards.

Academic achievements

Mr. Boateng has participated in countless international conferences and events.

He participated in the World Economic Forum, lectured at Harvard University and Tsinghua University, participated in a high-level panel discussion in Hunan Province on the internationalization of the renminbi, and took the speaking at the University of Cambridge, KNUST, the University of Ghana, Witwatersrand University and the Chinese Center for Globalization.

He holds an MBA from Clark-Atlanta University in the United States, a postgraduate degree from Yale University, and a BA in economics and law from the University. of Science and Technology Kwame Nkrumah in Ghana.

He is married and the father of four children.

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