Goil records 15 per cent increase in revenue last year
Goil Company Limited registered a 32 per cent year on year growth and increased its revenue by 15 per cent in 2019.
The Managing Director and Group Chief Executive, Mr Kwame Osei-Prempeh who disclosed this at a send-off party in honour of the former MD and Group CEO, Mr Patrick Akorli in Accra, said the company had prudently managed its financial costs resulting in the growth.
Mr Akorli retired from the company after 25 years of service, seven of which was in the position of managing director and group chief executive.
Mr Osei Prempeh paid tribute to his predecessor for laying the foundation for the tremendous growth and transformation of the company.
He also lauded the contributions of other managing directors whose efforts have over the years turned around GOIL adding that the sterling leadership qualities of Mr Akorli had shown that Ghanaians can do better and compete favourably with foreign competitors.
The Ashanti Regional Minister, Mr Simon Osei Mensah who was the guest of honour, described Mr Akorli as patriotic, selfless and a team player who always shared the successes of the company with the GOIL team.
The former MD, he noted, must be celebrated for helping to uplift the image GOIL to the admiration of all.
Mr Akorli, who served in various management positions until he assumed the MD position in 2012, thanked President Akufo-Addo and his two predecessors, the late President Mills and former President Mahama, for the congenial atmosphere created during his tenure.
The Board Chairman of GOIL, Mr Kwamena Bartels, on behalf of the board and management of the company presented gifts to Mr Akorli and thanked him for his diligent and selfless leadership that has contributed in making GOIL an enviable OMC in the country.
Barima Osei Kwadwo, Mamsihene of Manhyia presented rich traditional Kente cloth “Sompa” to Mr Akorli, on behalf of the Asantehene, His Royal Majesty, Otumfuo Osei Tutu II.
There were positive testimonies and presentation of gifts from former board members, COPEC, the company’s dealers and several other organisations and individuals.
