The Board of the Bulk Oil Storage and Transportation Company Limited (BOST) has confirmed Edwin Provencal as the new Managing Director of the company.
He replaces George Mensah Okley as MD of the company following his resignation.
The Board, following a meeting on Tuesday, gave their approval to the President’s nomination of Mr. Provencal and also introduced the new MD to the company’s management and staff.
In a letter, the BOST Board gave assurances it will work with the new MD to ensure ‘uninterrupted operations’.
“The Board of Directors of the Bulk Oil Storage and Transportation Company Limited (BOST), after a meeting held today August 27, 2019, confirmed the President’s nomination and appointment of Mr. Edwin A. Provencal, as the new Managing Director of the company. He was then introduced to the management and staff members at the Head Office by the Board Chairman, Mr. Ekow Hackman.”
“The Board wishes to assure all stakeholders and the general public that it will work with the new Managing Director and the entire workforce to ensure uninterrupted operations of the Company”, the statement added.
Edwin A. Provencal, who until now, was a Technical Advisor to the Minister of Energy has held a number of executive management positions in various organizations.
He has, through his Balanced Scorecard expertise, transformed various companies including Vodafone, helping them leapfrogging from third to second in terms of revenue market share in the Telecoms industry.
He led Exceed Company Limited to become the premier contact centre in Ghana. He is also a founding member of Ghana Association of IT Services and Companies (GASSCOM) and has over 15 years of Project Management experience.
Mr. Provencal holds Mphil in Economics, MBA in Information Systems, Nsc in Electrical Engineering, a Post Graduate Diploma in Financial Management from ACCA and is a project Management Professional (PMP) from the Project Management Insitute.
He is also a graduate of the College of Executive Coaching in the USA and has been a Certified Balanced Scorecard Practitioner since 2006.
Reasons for Mr. Okley resignation are unclear, however, there are reports that it may be linked to an issue of contracts at BOST.
He was appointed by President Nana Addo in 2017 to act as Managing Director for the state-owned entity, following the removal from office of his predecessor, Alfred Obeng Boateng.