The Deputy Minister for Finance, Hon. Thomas Nyarko Ampem, has inaugurated the new Board of Directors of the Cocoa Processing Company (CPC) Limited, charging them to rescue the company from its current challenges and lead Ghana’s drive towards value addition in cocoa.
Speaking after the swearing-in, the Deputy Minister underscored the importance of cocoa to Ghana’s economy, describing it as a critical cash crop.
He, however, lamented that CPC stands at a crossroads, burdened with financial, operational, marketing, and distribution challenges.
He further cautioned that the era when state agencies awarded bonuses to staff and management even in the face of losses is over and will not be tolerated.
On behalf of the board, Mr. Gregory Quarshie expressed gratitude to the President and the Minister for Finance for the trust reposed in them.
He pledged that the board would work tirelessly to ensure CPC tells a different and more successful story by the end of its tenure.
The newly inaugurated Cocoa Processing Company Ltd. Board comprises:
1. Naa Dr. Alhassan Andani – Chairperson
2. Prof. William Coffie – Managing Director
3. Mr. Gregory Quarshie – Member
4. Hon. Haruna Seidu, MP – Member
5. Hon. Kwame Sefe, MP – Member
6. Mr. Gideon Destiny Koku Abotsi – Member
7. Hon. Charles Bawaduah, MP – Member
8. Mr. Abdul Sameed Adams – Workers’ Representative