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    Home»Business»Edmond Kombat appointed acting MD of TOR
    Business

    Edmond Kombat appointed acting MD of TOR

    ZamZam UpdateBy ZamZam UpdateMay 3, 2025No Comments3 Mins Read
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    …as Sulemana strikes to Power Ministry

    President John Mahama has appointed Edmond B. Kombat to the place of Performing Managing Director, the Tema Oil Refinery (TOR), following the reassignment of Dr. Yussif Sulemana to the Ministry of Power and Inexperienced Transition. This was contained in a letter dated Tuesday, April 29, 2025 and signed by the Govt Secretary to the President, Dr. Callistus Mahama.

    Dr. Sulemana is predicted to function a Technical Advisor on the Ministry, after a quick tenure on the helm of the state-owned refinery.The management change comes at a vital second for TOR, which continues to grapple with legacy debt, extended operational downtime, and a dire want for capital funding, with Mr. Kombat’s appointment signalling a renewed push to reposition the refinery as a cornerstone of the nation’s power technique.

    Mr. Kombat, a lawyer and skilled power strategist, was named Deputy Managing Director of TOR earlier this yr. His elevation to the appearing managing director position is seen by many as a part of broader efforts to stabilise management and restore TOR’s operational relevance.

    A co-founder and former Director of Analysis and Coverage on the Institute for Power Safety (IES), Kombat brings a singular mixture of technical, monetary, and authorized experience. He holds a Grasp of Public Administration from the Harvard Kennedy Faculty and was referred to as to the Ghana Bar in 2022.  He beforehand served as Particular Assistant to a former TOR Managing Director, the place he performed a central position in attracting a reported US$110 million in funding and spearheading operational reforms credited with saving the nation some US$300 million.

    Briefly feedback following his appointment, Mr. Kombat stated: “TOR stays a strategic nationwide asset. I’m dedicated to working with all stakeholders to make sure its turnaround and long-term sustainability.”

    The refinery, with a nameplate capability of 45,000 barrels per day, has operated beneath potential for years, hindered by ageing infrastructure, unreliable crude oil provide, and recurring monetary constraints. Ghana at present imports the overwhelming majority of its refined petroleum merchandise, a development that officers have stated undermines power safety and drains international alternate reserves.

    Mr. Kombat’s skilled background spans the private and non-private sectors. Along with his management at IES, he beforehand labored as an power analyst at TOR and as a enterprise and power analyst on the Bulk Oil Storage and Transportation Firm (BOST). He additionally accomplished a stint as a Summer time Analyst at Financial institution of America Merrill Lynch in 2013.

    His appointment is predicted to usher in a brand new section of strategic engagement with buyers, regulatory stakeholders, and business companions. With Ghana’s gasoline consumption rising steadily and international oil markets remaining unstable, TOR’s revival is more and more seen as a nationwide crucial. Mr. Kombat is predicted to give attention to bettering crude procurement, optimising plant effectivity, and securing new sources of funding.

    Whereas TOR’s challenges stay advanced, observers say the management transition presents a recent alternative to reimagine the way forward for the refinery and its position in Ghana’s downstream petroleum sector. The appointment has been properly acquired by employees, who see Mr.  Kombat’s elevation as a step towards stability and renewed function.

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