Audio By Carbonatix
Former Managing Director of the Precious Minerals Marketing Company (PMMC), Nana Akwasi Awuah, has highlighted his leadership role in the company’s transformation, following its multiple wins at the 2024 Public Enterprise League Table (PELT) Awards organised by the State Interests and Governance Authority (SIGA).
In a statement issued in Accra on March 20, Mr. Awuah said the recognition of PMMC—now operating as GoldBod—as Overall Best Specified Entity, State-Owned Enterprise of the Year, and Most Profitable State-Owned Enterprise reflects reforms he spearheaded while in office.
Describing the journey as one of “debt to dominance,” he stated that the company was in severe financial distress when he assumed leadership.
“We inherited a loss-making, debt-ridden company that was struggling to pay staff salaries and had years of outstanding statutory obligations,” he said.
According to him, through decisive leadership and strategic reforms, the company’s fortunes were reversed, leading to profitability by the end of 2024.
“I feel honoured and proud to have led the team that worked assiduously to turn around the fortunes of a near-moribund company,” he added, stressing that the awards validate the impact of those interventions.
Mr. Awuah further noted that continuous engagement with SIGA and responsiveness to performance evaluations played a key role in the turnaround.
He expressed optimism that the role of the Board, Management and Staff will sustain the progress, adding that the awards should serve as motivation to build on the foundation established under his leadership.
Latest Stories
-
A Super El Niño is coming: What does it mean for Ghana?
22 minutes -
Driving Schools Association pushes for mandatory driver training to reduce road crashes
25 minutes -
Climate change exists with or without humans — Youth advocate
46 minutes -
Plastic waste driving flooding and climate concerns in Bamaahu — Youth Climate Reporter
1 hour -
This week on The Career Trail
1 hour -
My book was born out of university research – Mary Anane Awuku
1 hour -
“I stepped back from politics for my husband to continue the journey” – Sammi Awuku’s wife
1 hour -
Ghana will receive final IMF cash of US$318 million immediately after July board approval – Mission Chief
1 hour -
Arthur Legacy, CAA Base partner to educate players on transfers, branding
1 hour -
Midie: Children wade through mud daily to go to school
1 hour -
GN Savings and Loans case is not over – Banking consultant
2 hours -
Oh Why, Honourable Alexander Kwamena Afenyo-Markin?
2 hours -
MoGCSP inaugurates, swears in Technical Working Group for new National Plan of Action on elimination of human trafficking
2 hours -
Charges dismissed against official at school where six-year-old shot teacher
2 hours -
India has a new political superstar – a cockroach
2 hours