Lydia Kukua Asamoah, GNA
Accra, Oct. 5, GNA – A
new Board was on Friday inaugurated for the Ghana Cylinder Manufacturing
Company (GCMC) with a call on members to work in harmony to make the Company a
more viable entity.
Mr Joseph Cudjoe, the
Deputy Minister of Energy, who supervised the inauguration in Accra, urged the
members to ensure that they dealt with the challenges confronting the Company
during their term of office.
The Board was sworn in
by Mr Ernest Kwabena Addo, the Energy Ministry’s Legal Practitioner, who took
them through the Oaths of Office and Secrecy.
The nine-member Board,
chaired by Alhaji Abubakar Abdul Rahman, was urged to address the major
challenges facing the Company, which includes its inability to procure raw
materials for continuous production of cylinders and the lack of access to
cheaper funding and grants.
Members of the Board
are; Madam Frances Awarabena Asiam, Chief Executive Officer of the Ghana
Cylinder Manufacturing Company, Mrs Angelina Baiden-Amissah, Awulae Annor
Adjaye III, Nana Forson Danso and Mr Crisler Akwei Ankrah.
The rest are Mr Kwadwo
N. Poku, Mr Michael Abbiw and Mr Wahab Suhiyini Wumbei, all of whom the
Minister described as having the right expertise to turn around the fortunes of
The GCMC, which
hitherto was incorporated as a Private Limited Liability under the Companies
Code, 1963 (ACT 179) in 1998, is now 100 per cent fully owned by the State.
It was established to
promote wider usage of Liquefied Petroleum Gas (LPG) as a substitute for
charcoal and firewood, and thereby curtail some of Ghana’s environmental
challenges of degradation, deforestation and desertification caused by
excessive use of firewood.
This accounts for over
71 per cent of energy consumed in the domestic sector.
Thus, the GCMC, aims
to achieve profitable growth as the premier manufacturer of LPG cylinder and
other metal fabricated products in the West Africa Sub-Region.
Mr Cudjoe, who
supervised the inauguration ceremony, congratulated the incoming Board but
charged them to “justify the existence of the Company with good corporate
governance and ensure increased production for profitability”.
Mr Stephen Asamoah
Boateng, the Executive Secretary of the State Enterprises Commission, expressed
optimism that the reconstituted Board, with their high expertise, would “focus
on the job at hand”.
He said: “The
difficulties we have encountered are in the past and they are gone, and I want
you to start afresh”.
It is a common
knowledge that we need peace, harmony, unity and support in the Company to move
He said since Ghana
was moving into gas production, the GCMC would be at the forefront of that
sector and it could do lots of innovation to make the Company one of the
biggest in Ghana and in West Africa.
Alhaji Rahman, who
spoke on behalf of the Board, said the members would “live up to expectation
and take the Company to the desired destination,” adding that; “The past is
past, the future is ahead and we shall get there”.
Later in an interview
with the media, Alhaji Rahman said the Board would adopt good strategies, which
were in consonance with the rule and objectives of the Company and with a lot
of lobbying and hard work, it would change things around.
Madam Asiam, on her
part, said the Company now had a well-motivated staff and a very competent
Board who would work as a team adding that the challenges that arose between
management and the former board belonged to the past.
“We are going to work
as a team, the Board will give me all the support and I’m going to give them
all the respect, so that we move the Company forward,” she said.