The Managing Director of Bulk Oil Storage and Transportation (BOST) Company Limited, Edwin Alfred Provencal, has been crowned as the Petroleum Sector CEO of the Year 2022 at the 6th edition of Ghana Energy Awards held at the Labadi Beach Hotel in Accra, the capital of Ghana.
Mr Edwin Provencal beat stiff competition from six heads of petroleum sector institutions to be crowned the petroleum sector CEO of the year 2022.
BOST is a state-owned petroleum strategic stock company mandated to keep strategic stocks for the West African nation.
Mr Provencal was appointed Managing Director of BOST in August 2019 by President Akufo-Addo after the late George Mensah Oakley was relieved of his position as MD of the company.
At the time he assumed office, BOST’s assets, such as pipeline infrastructure, storage tanks, barges, tugboats and other vital installations had been abandoned for years without repairs.
Besides, BOST was saddled with huge legacy debts which dated back under the leadership of Kwame Awuah Darko, a former MD of the company.
However, the sordid state of the company had changed with the company seeing massive improvements.
From a loss-making company, BOST has seen a turnaround with the company posting Gh¢31 million profit in 2020 and Gh¢161 million profit in 2021.
Celebrating the recognition of his stellar performance on Facebook, Mr Alfred Provencal wrote: “Thanks be to God as covenanted in Colossians 3:23 supported by Hebrews 6:10.
“A very big Thank You to HE Nana Addo-Dankwa Akufo-Addo, Hon. Matthew Opoku-Prempeh, Hon. John Peter-Amewu, Hon. Amin Adams, Ambassador Edward Boateng, My Board Chairman, EKOW Hackman for the opportunity given to me to serve God & Country.
“To my Board Members, Management & Staff of BOST, CSOs, Auditor General, EOCO, Fourth Estate of the Realm, Bleoobii, Friends & Family, I say THANK YOU for without your hard work, advice & prayers this could not have been possible,” his post concluded.
Source: https://energynewsafrica.com
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