Audio By Carbonatix
President John Mahama has appointed Reindorf Twumasi Ankrah as the Acting CEO of the Ghana Integrated Aluminium Development Corporation (GIADEC).
GIADEC, established under the Ghana Integrated Aluminium Development Corporation Act, 2018 (Act 976), is tasked with developing and promoting a globally competitive Integrated Aluminium Industry (IAI) in Ghana.
The corporation manages all of the Government of Ghana’s current and future investments in the aluminium sector, including its shares in the Volta Aluminium Company Limited (VALCO) and the Ghana Bauxite Company Limited (GBC).
As part of its mandate, GIADEC establishes partnerships with strategic investors, ensuring local participation across the entire bauxite and aluminium value chain.
The corporation requires that at least 30% of any new venture in mining, refinery, or smelting be owned jointly by GIADEC and a Ghanaian private partner.
The IAI initiative includes four major projects, involving the expansion of two existing operations and the development of two new ones through joint ventures.
Reindorf Twumasi Ankrah, a distinguished lawyer with extensive experience, assumes the leadership of GIADEC at a crucial time.
His expertise spans multiple legal domains, including the extractive industry, real estate, medical negligence, corporate and commercial law, dispute resolution, family law, and criminal defence.
Mr. Ankrah holds an LLM in Energy Law, an LLB, and a Bachelor's degree in Political Science with Sociology, all from the University of Ghana.
He is currently a partner at Morrison, Twumasi & Partners, where he leads the firm’s dispute resolution and litigation division.
Over the years, he has provided legal advisory services on investment analysis, energy and mining policies, compliance, and legal risk management.
He has also played a crucial role in assisting clients with project financing, debt restructuring, and obtaining regulatory approvals.
With his wealth of experience and strategic problem-solving skills, Mr Ankrah is expected to provide strong leadership to GIADEC as it navigates the complexities of the aluminium industry and advances Ghana’s ambitious IAI agenda.
Latest Stories
-
This Saturday on Newsfile: Constitution review report and AG’s ORAL drive
7 minutes -
Joy FM Party in the Park kicks off as patrons flock in amid growing excitement
38 minutes -
Ghana, 2 others to see strong absolute growth in electricity consumption – Fitch Solutions
54 minutes -
Return to bond market on gradual basis – IMF to government
1 hour -
Activist Felicity Nelson brings Christmas comfort to Accra Police cells
1 hour -
Obuasi Bitters Luv FM Nite with the Stars Thrills Kumasi on Christmas Eve
1 hour -
4 banks including one state bank remain severely undercapitalised – IMF
2 hours -
Police arrest 28-year-old with 98 parcels of suspected cannabis in Tamale
2 hours -
Does Goldbod owe BoG US$214m, or has BoG lost US$214m? A policy and financial risk analysis
4 hours -
US Congressman says airstrikes first step to ending killings in Nigeria
5 hours -
Afenyo-Markin urges NPP to move from talk to action after 2024 election loss
5 hours -
Ghana’s 69th Independence Day Concert in UK to be held on March 7 – Sleeky Promotions
5 hours -
BoG’s international reserves could cross $13bn by end of 2025
5 hours -
Afenyo-Markin urges discipline, unity as NPP prepares for 2026 flagbearer primary
5 hours -
Haruna Iddrisu demands tough sanctions for officials implicated in galamsey
6 hours
