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BusinessKofi Mocumbi Tagoe appointed as new TOR Managing Director by Akufo-Addo

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Kofi Mocumbi Tagoe appointed as new TOR Managing Director by Akufo-Addo

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President Nana Addo Dankwa Akufo-Addo has appointed Kofi Mocumbi Tagoe as the new Managing Director of the Tema Oil Refinery (TOR).

This decision follows the resignation of Jerry Kofi Hinson as TOR’s Managing Director in August 2023, and the departure of Board Chairman David Amoako in February of this year.

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In a letter dated March 18, 2024, addressed to Energy Minister Dr. Matthew Opoku Prempeh and signed by the Executive Secretary to the President, President Akufo-Addo also announced the reconstitution of TOR’s board. Leon Kendon Appenteng has been nominated as the new Chairman.

Additionally, ten new appointments have been made to form the reconstituted Tema Oil Refinery Board.

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“In view of the reconstitution of the board of the Tema Oil Refinery Company Limited (the Company), the President has nominated the following Leon Kendon Appenteng; Kofi Macumbi Tagoe; Dr Antoinette Tsiboe-Darko; Edith Sapara-Grant; Nana Akua Bakoma Prempeh; Lorraine Crabbe Ababio; Joseph Mensah Browne; Alfred George Thompson; Paul Kwaku Kyei Ofori; Kwame Baffoe and Herbert Ato Morrison.”

President Akufo-Addo directed the Energy Minister to promptly take necessary measures to formalize nominations in compliance with the applicable provisions of the Companies Act 2019 (Act 992).

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