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Inauguration of an Eight-Member Governing Body of the Ghana Supply Company (GSC) Ltd.

Inauguration of an Eight-Member Governing Body of the Ghana Supply Company (GSC) Ltd.

Accra, June 7. 2018 – Hon. Kwaku Kwarteng, Deputy Minister for Finance, has inaugurated an eight-member Governing Board of the Ghana Supply Company (GSC) Ltd. at a brief ceremony at the Ministry.

The Board is charged with giving management the needed direction to be able to turn the fortunes of the company around.

Hon. Kwaku Kwarteng expressed his excitement at the members of the Board, who he believed were very qualified to deliver on the mandate they had been given. He urged them to help redefine the role of the company in order to fill in the gaps that exist in procurement processes today.

“I believe in leadership by example, this is the public sector and we have our traditional issues of wastage, attitude to work, and it is in my respectful opinion, the responsibility of the board to look at the organization and see to it, to correct the culture through good corporate governance practices” he added.

Major Daniel Sowa Ablorh-Quarcoo, Chairman of the Board, expressed his sincere thanks, on behalf of his colleagues to the President, H. E. Nana Akuffo-Addo and the Minister for Finance, Hon. Ken Ofori-Atta, for selecting them to serve on the Board.

“I want to assure you that your trust has not been misplaced, and that we pledge to work and give our best to justify that trust and confidence” he said.

The Chairman added that the Board will not hesitate to consult the Ministry should they require any assistance in situations of doubt or grey areas.

The other Members of the Board are Mr. Abraham Binapadam Jawol, Madam Mabel Mensah, Madam Gloria Irene Amaki Payida and Mr. Ouborr Kutando. The rest are Mr. Felix Adu, Mrs. Dorcas N. A. Taylor and Madam Ernestina Swatson Eshun.

The Ghana Supply Company Ltd, formerly known as Ghana Supply Commission, was originally established in 1960 as a centralized procurement agency for the Government of Ghana. It was the main national buyer for all Government Ministries, Departments and Agencies (MDAs) as well as State Owned Enterprises (SOEs). Over the years, however, the operations of the company have undergone tremendous changes following amendments in the procurement laws and regulations. In 1999, the company was incorporated under Ghana’s Company Code (1963) as a private Limited Liability Company (LLC) wholly owned by the Government of Ghana. END

 

Public Relations Unit - MoF