Business

New ECG Board Chairman Calls for Procurement Process Refinement and Innovative Financing

Apexnewsgh

Alexander Afenyo-Markin, the new Board Chairman of the Electricity Company of Ghana (ECG), has urged the management to refine its procurement process to ensure cost savings and efficiency. Apexnewsgh reports

Speaking during his swearing-in ceremony, the Majority Leader emphasized the need to explore options for refining procurement processes and cutting costs.

Afenyo-Markin also encouraged the management to embrace innovative financing instruments like green bonds to support infrastructural upgrades and align with global sustainability trends. He stressed the importance of investing in the workforce through comprehensive training programs and performance-based rewards systems to boost employee morale and productivity.

Additionally, he highlighted the need to enhance safety standards to reduce workplace incidents and create a culture of excellence. The Effutu lawmaker also emphasized the importance of prioritizing regulatory compliance and transparency through a fortified compliance office and regular public reporting mechanisms.

Afenyo-Markin’s speech outlined his vision for transforming the ECG into a more efficient, innovative, and sustainable organization, with a focus on refining processes, investing in human capital, and prioritizing transparency and accountability.

Source: Apexnewsgh.com

Thanks for reading from Apexnewsgh as a news publishing website from Ghana. We encourage you to freely share this story via social media platform and follow us on;  Facebook on APEXNEWSGH-Tv or Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 0248250270/0256336062.

Ngamegbulam C. S

Leave a Reply