The newly appointed appearing Chief Govt Officer (CEO) of the Ghana Built-in Aluminum Growth Company (GIADEC), Mr Reindorf Twumasi Ankrah, has expressed optimism in regards to the potential of Ghana’s Built-in Aluminum Trade (IAI) to grow to be a number one contributor to the nation’s financial restoration.
Talking at a employees durbar organised to formally welcome him as the brand new CEO of the Company, Mr Twumasi Ankrah highlighted his willpower to construct on the work of his predecessor and place GIADEC as a nationwide establishment of serious significance.
He emphasised the necessity for assist in creating each side of the aluminium worth chain.
“The built-in aluminium business is a strategic nationwide venture. If absolutely developed, it will probably contribute over $2 billion to the financial system, which I consider deserves the eye of any authorities. My quick focus can be to make sure that each side of the aluminium worth chain is developed to permit us to totally harness this chance,” he acknowledged.
Mr Twumasi Ankrah additional famous that President Mahama’s imaginative and prescient is to industrialise the financial system and create jobs for Ghanaians by harnessing the nation’s pure sources.
He additionally confused the significance of specializing in the host communities the place these sources are positioned, making certain that the native populations profit from the mines and refineries to be constructed.
“We are going to work to strengthen the connection between GIADEC, the chiefs, and the native communities. This can be a essential a part of our purpose to make sure that our revered chiefs and the folks in these communities in the end grow to be the largest beneficiaries of a functioning Built-in Aluminium Trade,” he added.
The outgoing CEO, Mr Michael Ansah, expressed his gratitude to the employees for his or her assist in advancing the event of the Built-in Aluminium Trade throughout his tenure. He expressed confidence within the capability of the brand new CEO to achieve his function.
“We’ve got, in these previous years, laid a stable basis for taking this nation to the following degree of creating an Built-in Aluminium Trade. With the assist of each employees member, we’re pleased with the work completed and vital milestones, together with the collection of strategic companions for the IAI initiatives,” Mr Ansah mentioned.
Mr Ansah urged GIADEC employees to supply their full assist to the brand new CEO and help him in realising the company’s mission of creating and selling a completely built-in aluminium business in Ghana.
Background
GIADEC was established beneath the Ghana Built-in Aluminium Growth Company Act, 2018 (Act 976), to develop and promote a globally aggressive Built-in Aluminium Trade (IAI) in Ghana. At present, Ghana has an operational bauxite mine in Awaso and an aluminium smelter, the VALCO smelter in Tema. Nevertheless, an alumina refinery is required to make sure full integration of the nation’s aluminium business.
Mr Twumasi Ankrah is anticipated to carry his wealth of expertise and dynamic management to advance the event of a completely operational Built-in Aluminium Trade, constructing on the muse established by his predecessor.
About Mr Reindorf Twumasi Ankrah
Mr Twumasi Ankrah is a distinguished lawyer with in depth expertise throughout a number of authorized domains, together with the extractive business, actual property, medical negligence, company and business regulation, dispute decision, household regulation, and prison defence.
He holds an LLM in Vitality Legislation, an LLB, and a Bachelor’s diploma in Political Science with Sociology, all from the College of Ghana. Mr Ankrah is presently a associate at Morrison, Twumasi & Companions, the place he leads the agency’s dispute decision and litigation division.
All through his profession, he has supplied authorized advisory providers on funding evaluation, vitality and mining insurance policies, compliance, and authorized threat administration. He has additionally been instrumental in helping purchasers with venture financing, debt restructuring, and acquiring regulatory approvals.
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