YAD News

Afenyo-Markin Dismisses ACEP’s Calls For Board Dissolution

Written by Sarah Boye

Board Chairman of the Electricity Company of Ghana (ECG), Alexander Afenyo-Markin has dismissed calls from the Africa Centre for Energy Policy (ACEP) to dissolve the board, describing them as misguided.

Speaking during the appointment of David Asamoah as acting managing director, Afenyo-Markin emphasised that improving the company’s efficiency depends on stakeholder engagement, not board dissolution. While acknowledging the need for reforms, he stressed the importance of collaboration with both internal and external stakeholders, rejecting the blame game between ECG and the public.

He also assured that the resignation of former Managing Director Samuel Dubik Mahama would not disrupt power supply, noting that the company’s operations remain stable and it will continue providing essential services.

ACEP had called for the board’s removal, citing mismanagement and highlighting a rise in revenue losses from GH¢295 million in 2017 to GH¢9.7 billion in 2022.

About the author

Sarah Boye