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Mahama warns boards against assuming management functions in SOEs 

By GhanaSummary Newsroom1 min read2 sources
Mahama warns boards against assuming management functions in SOEs 

Synthesised from 2 Ghanaian sources

ghanabusinessnews.comghanabusinessnews.comgna.org.ghgna.org.gh

11, GNA – President John Dramani Mahama has cautioned governing boards of State-Owned Enterprises (SOEs) against taking over management functions, saying the practice weakens accountability and affects institutional performance.

Addressing the 2026 Governing Boards and CEOs Conference organised by the State Interests and Governance Authority in Accra on Thursday, he said boards were responsible for providing strategic direction, overseeing risks, ensuring the integrity of financial reporting, and monitoring institutional performance.

President Mahama called on boards to ensure transparent procurement processes, merit-based recruitment, and proper management of state assets.

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