Board Chairman of the Electricity Company of Ghana (ECG), Alexander Afenyo-Markin, has brushed off requests to dissolve the board as out of context.
Some leading energy think tanks, including the Africa Centre for Energy Policy (ACEP), have called for the dissolution of ECG's board over claims of mismanagement and large financial losses.
According to ACEP, revenue losses increased dramatically from GH¢295 million in 2017 to GH¢9.7 billion in 2022.
During the appointment of David Asamoah as the acting managing director of ECG, Afenyo-Markin responded to these requests by emphasizing that stakeholder engagement, not board dismissal, is what is required for the efficient management of the organization. "I think that is a misplaced position.