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Boards must make SOEs profitable - President

By GhanaSummary Newsroom1 min read
Boards must make SOEs profitable - President

President John Dramani Mahama has charged Boards and Chief Executive Officers (CEOs) of State-Owned Enterprises (SOEs) to move beyond mere survival and deliver measurable public value, insisting that state assets belong to the people of Ghana and are held only in trust.

At the SIGA Governing Boards and CEOs Conference held at the La Palm Royal Beach Hotel in Accra yesterday on the theme: “Creating public value through leadership, corporate governance, and performance excellence”, the President said every specified entity must demonstrate the value it had created for the Ghanaian people.

He further directed every board to agree with management, within 14 days, on a limited set of measurable priorities covering financial performance, service delivery, governance, risk, audits and compliance.

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