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Unconfirmed reports picked up by Whatsup News points to another Chief Executive Officer (CEO) casualty in a state-owned entity as the CEO of Ghana Oil Company (GOIL) Patrick Akpe Kwame Akorli has reportedly been forced to retire.
Our information indicates that he has been given to the end of March 2019 to retire, even though his official retirement date is due around June 2019.
His exit would be one in a series that has recently unfolded in state-owned entities. That last exit was by the National Investment Bank (NIB) boss, Dr. John Kweku Asamoah.
Whatsup News over the weekend scooped the news about the axing of Managing Director of the National Investment Bank (NIB).
Dr. John Kweku Asamoah was handed his sack letter on Friday, March 1, 2019 and hardly given time to compose himself as he was asked to vacate ‘with immediate effect’.
Following his dismissal, the Former Chief Operating Officer at Ghana Commercial Bank (GCB) Samuel Sarpong has been appointed as new Managing Director of National Investment Bank (NIB) subject to the Bank of Ghana’s approval.
Patrick Akorli was appointed the new managing director of Goil in June 2012 at a time when competition in the industry was at all-time high.
Before he rose to become the managing director of Goil, Patrick Akorli was the Finance Manager at the Oil Company. He has served with Goil for the last 24 ye, rising through the ranks and serving as Chief Accountant and Chief Internal Auditor at different times.
Goil insiders say the story of the company’s transformation is incomplete without his forsight and splendid management.
Source: Whatsup News