Ghana: Daniel Osei-Appiah Appointed Acting Managing Director Of TOR

The immediate past General Manager for Finance at state-owned Tema Oil Refinery (TOR), Mr. Osei-Appiah has been appointed as the Acting Managing Director of the refinery.

Mr. Appiah worked at the refinery for several years and retired on July 11, 2023.

On Friday, August 12, 2023, this portal reported that Mr. Jerry Kofi Hinson, Managing Director of the refinery had been fired over the controversial planned leasing of the refinery to Torentco Assets Management, a private firm registered about six months ago without track record in the oil and gas business both locally and international.

Mr. Jerry Kofi Hinson had refused to sign the deal which many considered is not in the best interest of the State.

After the publication, a letter emerged suggesting that Mr. Jerry Kofi Hinson resigned due to ‘unforeseen health circumstances’, a claim some industry experts have described as laughable.

In a letter dated 17th August 2023, which confirms the appointment of Mr Daniel Osei-Appiah as the Acting Managing Director, and copied Board Chairman of Tema Oil Refinery, David K.T Adomakoh, Nana Bediatuo Asante, Secretary to the President of Ghana wrote “With reference to your correspondence no. BOARD)DKTA/eh/R..18/23 dated 14th August,2023, bearing on the above mentioned subject matter, I write to inform you that the President of the Republic has granted a no.objection to the appointment of Mr Daniel Osei-Appiah as Acting Managing Director for the Tema Oil Refinery TOR Ltd. Please accept the President’s best regards.”

Following the President’s approval, the Human Resource Department on Friday issued a notice informing all staff about the development.

Source: https://energynewsafrica.com