Petrosol CEO Michael Bozumbil explains how trust fuelled company’s growth

Mr Bozumbil explained that the company’s reputation allowed it to access petroleum products on credit despite starting with limited capital.

Petrosol CEO Michael Bozumbil says trust, integrity and financial discipline have been central to the company’s rapid growth in Ghana’s highly competitive petroleum industry.

Mr Bozumbil said the company’s reputation has become strong enough for the GRA to exempt Petrosol from providing an insurance bond normally required in the industry before lifting petroleum products.