Ghana’s President Nana Akufo-Addo has nominated Mr Kofi Mocumbi Tagoe, an investment banker with over 20 years of experience, as the new Managing Director of Tema Oil Refinery, state owned premier refinery.
He will take over from Mr Daniel Osei Appiah, who has been acting since last year when Mr Jerry Kofi Hinson was relief from his position as Managing Director over the controversial TOR -Torentco deal.
There has not been industrial harmony at the refinery in recent times due to lack of transparency and openness in the attempt by the Board to secure a partner to revamp the ailing refinery.
The premier refinery has not been able to process any crude for some years.
Currently, it only does storage of petroleum products for BDCs for a fee.
Profile
Kofi Tagoe-Mocumbi is an investment banker with over 20 years of expertise in national and international markets. His portfolio expands into project finance, mortgages, portfolio development, real estate, and overall program development directives.
He holds a Bachelor of Science Degree in Computer Engineering from Lincoln University and Master of Science in Finance from the University of Missouri- Columbia.
A seasoned entrepreneur with a unique capability of building companies from the ground up. Team player with excellent communication skills, high quality of work, driven and highly self-motivated. Strong negotiating skills, a consensus builder with business acumen.
He’s is the President and CEO of ERA 53 LIMITED a Subsidiary of ERA GROUP. Which is a consulting and financial advisory firm known to implore top to bottom organizational restructuring in the most effective and efficient way.
Kofi Mocumbi’s professional experience spans across oil and gas trade transactions. He also has expertise grounded in receiving extensive engineering experience with programming DSL trunk switching services to the Central Office mainframes at US Sprint.
Mr. Mocumbi has extensive telecommunications, financial services, and advisory expertise background which include executive positions at Sprint, American Express, Fidelity & Trust Bank, and Wells Fargo.
His skill set include risk and market analysis, critical decision making, effective delegation, the ability to manage large organizations with tiered labour force from diverse backgrounds, Excellent time management skills with substantial experience in managing complex financial interventions.
Kofi is also the Executive Chairman of Nutso Products Limited (International Beverage Production Company formed in 2010).
Source: https://energynewsafrica.com
