Edward Boateng Heads SIGA –

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Ambassador Edward Boateng

PRESIDENT AKUFO-Addo has appointed Ambassador Edward Boateng, Ghana’s 15th ambassador to the People’s Republic of China, as the Director-General of the State Interest and Governance Authority (SIGA).

Ambassador Boateng, whose appointment takes effect from 18th December, 2021, takes over from Stephen Asamoah Boateng, who is seeking to contest the chairmanship of the New Patriotic Party (NPP).

SIGA has a mandate to facilitate performance management in State Owned Enterprises (SOEs) and other prescribed bodies, within the framework of Government policy, to ensure that they operate efficiently, effectively and profitably thereby contributing towards the socio-economic development of Ghana.

Among others, Ambassador Boateng is expected to lead his team at SIGA to oversee and administer the State’s interests in Specified Entities, to ensure shareholder value, financial sustainability and good corporate governance.

Additionally, he will be expected to promote within the framework of Government policy, the efficient or where applicable profitable operations of Specified Entities, ensure that Specified Entities adhere to good corporate governance practices as well as acquire, receive, hold, and administer or dispose of shares of the State in State-Owned Enterprises and Joint Venture Companies.

Ambassador Boateng and his team are further required to oversee and administer the interests of the State in Specified Entities; and to ensure that State–Owned Enterprises and Joint-Venture Companies introduce effective measures that promote the socio-economic growth of the country including agriculture, industry and services in accordance with their core mandates.

Ambassador Boateng was recently honoured by the Ghana Entrepreneurs Foundation as Ghana’s Most Outstanding Ambassador for the years 2018 and 2019.

He led Ghana’s mission in China to win recognition for it as the Outstanding Ghanaian Embassy for 2018.

Boateng was also recognised by the United Nations Permanent Representative in China as one of the most hard-working and diligent ambassadors during his term abroad. He helped organise the hitherto dormant African diplomatic corps in China into a very vibrant force.

 

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