1Energy analyst and Chief Executive Officer of African Energy Consortium Limited, Kwame Jantuah, has called on the government to desist from appointing persons who lack the right expertise to head public institutions in the oil and gas industry.
According to him, the appointment of such individuals could lead to massive losses in the petroleum industry.
He said the government must subject heads of institutions such as the Ghana National Petroleum Corporation (GNPC) to thorough interviews and vigorous selection processes to determine their knowledge of the petroleum industry before they are hired.
“We need to change the way we put our CEOs and those in charge of the oil sector in place. Why should it be the responsibility of the President to choose GNPC’s CEO? Why should it be the President to choose the head of the Petroleum Commission?
“In some countries, if you have not worked in the oil industry for a long time and you are not seasoned, you can’t take over those positions. Brazil is one of them. You have to work in the oil industry and you have to be proven that you understand what it means to work in the oil industry,” Mr. Jantuah stated.