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Spencer Wan Blog of Sunday, 9 February 2025
Source: Eric Afatsao
In a swift and unexpected leadership change, Simon Madjie has been appointed as the new Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), succeeding Dr. Bernice Makafui Brempong, whose tenure ended almost as quickly as it began. The abrupt transition has left industry insiders and stakeholders speculating about the circumstances surrounding Brempong’s sudden departure.
Madjie, a seasoned business executive with a wealth of experience in investment promotion and international business relations, steps into the role at a critical time for GIPC. His appointment signals a potential shift in the Centre’s strategic direction, as Ghana continues to position itself as a premier destination for foreign investment in West Africa.
While GIPC has yet to issue an official statement detailing the reasons for Dr. Brempong’s brief stint as CEO, sources close to the matter suggest internal disagreements over policy direction may have played a role. Dr. Brempong, a respected economist with a strong academic background, was expected to bring fresh perspectives to the Centre. However, her tenure was cut short before any significant policy changes could take root.
Simon Madjie’s arrival has been met with cautious optimism. Known for his pragmatic approach and strong connections within the international business community, Madjie is expected to leverage his network to attract more foreign direct investment to Ghana. His leadership will be pivotal in navigating the complex global economic landscape and ensuring Ghana remains competitive in attracting sustainable investments.
Industry watchers will be keen to see how Madjie handles the Centre’s ongoing projects and whether his leadership style will differ significantly from that of his predecessor. With Ghana’s economy at a crucial juncture, the GIPC’s role in facilitating investment and promoting economic growth has never been more important.
As the dust settles on this unexpected leadership change, all eyes will be on Madjie to deliver results and steer the GIPC towards a more robust and dynamic future.
Source
https://x.com/Channel1TVGHA/status/1888594192089108563?s=19