Samuel Dubik Mahama, the Managing Director of the Electricity Company of Ghana (ECG), has officially resigned from his duty.
His resignation marks the end of what a section of the public believes was a significant tenure in Ghana’s energy sector.
Mahama, who was appointed in May 2022 by President Nana Addo Dankwa Akufo-Addo spent a little over two years in office.
In his resignation letter, he cited personal reasons for his sudden departure from the power distribution company. His resignation will take effect two weeks from the announcement.
Some of his notable achievements under his leadership include transformative projects aimed at increasing revenue and enhancing efficiency. One of his key initiatives, Operation Zero, tackled revenue mobilization by targeting over 1.2 million customers, many of whom were in arrears.
These efforts resulted in a 100% year-on-year revenue increase in 2023. Additionally, he spearheaded the digitalization of ECG’s services, including upgrading the ECG mobile app, which saw users increase from 500,000 to 3.4 million by the end of 2023.
Mahama’s leadership was also recognized across the sector, earning him multiple accolades, including the CEO of the Year at the Ghana Energy Awards 2023, and ECG itself received numerous awards for its public sector campaigns.
Although sources remain silent on the specific reasons behind his resignation, it could be recalled that the energy CSO, the African Center for Energy Policy (ACEP) recently demanded the dismissal of the MD including all management members.
ACEP cites inefficiency in revenue mobilization as well as an alleged “dubious” contract with Hubtel concerning the new ECG PowerApp hence calling for a thorough audit of the contract.
Also, towards the end of his tenure, ECG appeared to have locked horns with its regulator, the Public Utilities Regulatory Commission (PURC) over the financial position and sustainability of the company.
It is quite unclear if these pressures culminated in the resignation of the once revered and respected head of ECG.
