The Governing Board of the Bulk Oil Storage and Transportation Limited (BOST) says, it has approved the appointment of Mr Edwin Provencal as the company’s new Managing Director effective August 27, 2019.
Mr Provencal, according to a statement issued in Accra Tuesday [August 27, 2019] by the Chairman of the Board, Mr Ekow Hackman has since been introduced to the management and staff of the company.
Mr Provencal, according to the Board until his confirmation was the Technical Advisor to the Minister of Energy, Mr John Peter Amewu.
He replaces Mr George Mensah Okley, who resigned from the post on Friday, August 23, 2019 over what sources say were in relation to a land grading contract to pave way for the construction of a vehicle parking lot at the Company’s Buipe Depot of which he is alleged to have renegotiated the contract sum which was initially pegged at GHC4 million to GHC90,000.
Many have also attributed Mr Okley’s resignation to his managerial style which they believed was not in tune with the Board and the workforce, a situation that could have prompted the government’s decision to compel him to resign.
While Mr Okley is yet to publicly comment on his resignation, many industry players believe three Managing Directors within two and half years was worrying considering the company’s strategic importance to the country.
The Board Chairman, Mr Hackman however in an interview with Graphic Online on Monday denied the claims, saying, although the board was not aware of the project, “it may be under procurement.”
