Mahama appoints Ato Ahwoi to Chair GIIF Board

Mr Ato Ahwoi has been appointed by President John Mahama as Chairman of the Board of the Ghana Infrastructure Investment Fund (GIIF).

GIIF was set up to deal with the huge infrastructure deficit. The fund also focuses on strategic infrastructure to support both the public and private sector infrastructure projects.

The President has also appointed Mr Steven Nartey as acting Chief Executive Officer (CEO) of GIIF.

Other members of the nine-member Board of Directors are Lionel Van Lare Dosoo, a former Deputy Governor of the Bank of Ghana, Phillip Sowah, an engineer and former CEO of Airtel Ghana, Clara Arthur and Nana Afoa Appiah-Korang.

The others are David Ofosu Dorte, Kate Quartey-Papafio and Clifford Mpare.

In line with the provisions of the GIIF Act of 2014, the President has also appointed five persons to an Advisory Committee for the Fund.

They are: Finance Minister Seth Terkper; Central Bank Governor Dr. K.A. Wampah; Acting Director-General of the National Development Planning Commission, Dr. Nii Moi Thompson; President of the Association of Ghana Industries, James Asare-Agyei; and Phyllis Christian of Shawbell Consulting.

The Board will advise the Minister on viable projects to be financed by GIIF, including those involving special purpose vehicles (SPV) such as joint venture (JV) and public-private partnership (PPP) projects.

Source: StarrFMonline.com

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