Former Member of Parliament for Nabdam Constituency and former Chief Executive Officer of the National Petroleum Authority (NPA), M. Moses Asaga, has been appointed as the new Board Chairman of the Public Utilities Regulatory Commission (PURC) by President John Dramani Mahama.
He replaces Prof. Thomas Mba Akabzaa, who passed away a few weeks ago.
Asaga was sworn into office by the Chief of Staff, Hon. Julius Debrah, on Monday, June 9, 2025.
During the swearing-in ceremony, Hon. Debrah emphasized the need for transparency in regulating public utilities, urging the new Board and Chairman to uphold the principles of their office.
“We were voted into power to take care of the people’s interest,” Hon. Debrah said.
“His Excellency the President expects the new Board to strengthen PURC’s oversight role in ensuring affordable, reliable, and sustainable utility services.”
Profile of Mr Moses Asaga
Hon. Asaga has a wealth of experience having worked with Daishin Securities & Investments Company, in Seoul, South Korea, as an Economics & Financial Analyst between 1988-1989.
He subsequently joined Ecobank Ghana as Assistant Manager/Senior Financial Analyst in the Capital Markets Department between 1990-1992.
He was headhunted by the Ghana National Petroleum Corporation (GNPC) and appointed as Senior Financial Analyst, Corporate Finance & Counterparty to Chase in London between 1993-1996.
Hon. Asaga gained Managerial skills, executive management leadership skills, boardroom skills, political and economic diplomacy, having served as Chairman of the Board of Ghana Civil Aviation Authority; Board Member, PURC; Board Member, Ghana Commercial Bank, and Board Member, Bank of Ghana
In his political life, Hon. Asaga was a Member of Parliament for Nabdam constituency between 1997-2012 (16 years), Ranking Member for the Parliamentary Select Committee on Mines and Energy, Ranking Member, Chairman of the Parliamentary Select Committee on Finance & Economics.
He was appointed as Minister for Labour & Social Welfare in 2011.
He was appointed as a Deputy Finance Minister, with responsibility for the GRA, Controller, Customs and all revenue agencies, where he was in charge of financial institutions, the banking sector and non-banking financial institutions. At the bilateral level, he was responsible for the African Development Bank, Exim Bank, Arab Bank, DFIs, etc., between 1997-2000. He was also the chairman of the PURC Technical Committee, and was later appointed Chief Executive Officer (CEO) of the National Petroleum Authority, from 2013-2017.
During his tenure as CEO of NPA, he supervised, packaged and managed the successful implementation of the Petroleum Price Deregulation introduced by President John Dramani Mahama in 2015/16.
Hon. Asaga holds a BSc Industrial Chemistry from the University of Science & Technology (UST) Kumasi, MSc Petroleum Geology Reservoir Management, University of Aberdeen, Scotland, MBA Finance, Yonsei University, Seoul, Korea, MPhil Financial Economics, Durham University, UK.
Source: https://energynewsafrica.com
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