President has dismissed no CEO – Minister



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Kojo Oppong Nkrumah, Minister of Information

Kojo Oppong Nkrumah, Minister of Information

The Minister of Information, Kojo Oppong Nkrumah, advised the public to disregard any media reports suggesting that the government had sacked eight chief executive officers of state-owned companies for the account of their age.

According to the Minister, although the President has the prerogatives to engage or disengage any CEO of a state-owned enterprise, the President exercises these powers in accordance with the established process.


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"Even though it remains the prerogative of the president to engage or disengage the services of the CEOs of state-owned enterprises, he exercises these powers after the necessary prior commitments," said Mr. Oppong Nkrumah during the meeting. A press conference on Monday 28 January 2019 in Accra. .

He added that "if the President chose at any time to disengage the services of any Director General, this would be done as always, in accordance with the established process," noting that "contacts between the government and the general managers State are common ".

The media reported last Friday, January 25 this year, that the government had asked eight CEOs of state-owned companies to leave their positions because of their age.

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The eight CEOs are reported to have exceeded the mandatory retirement age of 60 years.

The eight were:

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– Kwame Owusu, 67 – CEO of the Ghana Maritime Authority

– Isaac Osei, 67 – CEO of the Tema Oil Refinery (TOR)

– The chairman of the Forestry Commission, Kwadwo Owusu Afriyie, better known as Sir John, 65 years old.


– Samuel Annor, 64 – CEO, National Health Insurance Authority

– Eugene Ofosuhene, 67 – Controller and General Accountant,

– Kofi Jumah, 68 – CEO of Ghana Industrial Holding Corporation (GIHOC)

– K. K Sarpong, 65 – CEO, Ghana National Petroleum Corporation (GNPC)

– Anthony Nsiah-Asare, 65 – Director General, Ghana Health Service

At the press conference, Oppong Nkrumah said: "It is now advisable for the general public not to take into account the media report that these people, as you see their names and photos in Instagrame, have received the order to leave their posts for reasons related to their age "

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