President Nana Addo Dankwa Akufo-Addo has appointed Joseph Abuabu Dadzie as the acting Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC).
Mr. Dadzie takes over from Opoku-Ahweneeh Danquah who became the CEO of GNPC in April 2022.
Mr. Dadzie’s appointment as the new CEO of GNPC was announced in a letter signed by the Secretary to the President, Nana Bediatuo Asante, dated Wednesday, April 3, 2024.
The letter further indicated that his appointment is pending the necessary advice from the Energy Minister.
“Pursuant to Section 10 (2) of the Ghana National Petroleum Corporation Act, 1983 (P.N.D.C.L. 64), I am pleased to inform you that the President has appointed you to act as the Chief Executive of Ghana National Petroleum Corporation (the “Corporation”) pending receipt of the required advice of the honourable Minister for Energy, given in consultation with the Public Services Commission.
“Your appointment is effective 2nd May 2024. I take this opportunity to congratulate you formally on your appointment. Kindly indicate your acceptance or otherwise of this appointment within 14 days of receipt of this letter.
“Please accept the President’s best wishes,” the letter copied to the Vice President, Chief of Staff at the Office of the President, Minister for Energy, the Chairman of the Public Services Commission, and the Board Chairman of the GNPC further read.
Before this new appointment, Mr Abuabu Dadzie was the Deputy Chief Executive responsible for Commerce, Strategy and Business Development within the corporation.
The outgoing CEO, Mr. Opoku-Ahweneeh Danquah, tendered his resignation letter to President Akufo-Addo at the Jubilee House on Thursday, March 28, 2024. His resignation takes effect at the end of April 2024.
Profile of Dadzie
Mr. Dadzie is a banker, energy, and communication expert. He holds an MBA (Finance) and MSc (General Management) from Nyenrode Business Universiteit, Netherlands, as well as a BSc (Chemical Engineering) from KNUST, Ghana.
As a Banker, he worked as Director (Commodity Corporate), Head (Large Local Corporate & Parastatals), and Senior Manager (Financial Institution) all with Standard Chartered Bank. In communication, he was the Chief Operating/Finance Officer for Surfline Communication Limited.
Over the years, he has worked in the energy sector as an Assistant Operations Officer with TOR, Market Research Analyst with GNPC, and CFO with Woodfields Energy Resources.
His career can be summarised as being an experienced management and financial executive with a demonstrated record of exceeding goals, optimizing performance, and driving increased revenues whilst managing cost, especially in the banking and oil & gas sectors.
Mr Dadzie is described as being a high-energy leader, experienced in leading multi-unit departments and organisations. Negotiating high-value commercial agreements/contracts, excelling in financial management and revenue growth, and driving operational excellence are some of the strengths he brings to the table.
Championed a strong focus on corporate operational efficiency, customer satisfaction, loyalty, well-developed employee relations, motivation, and management development demonstrated by higher-than-average performance, are also some other qualities that Mr Dadzie possesses.