Business

New BOST MD pledges to strengthen company, enhance collaboration

The Bulk Oil Storage and Transportation Company Limited (BOST) has wel­comed Afetsi Awoonor, a veteran energy sector executive with extensive Sub-Saharan trading ex­perience, as its seventh Managing Director.

The appointment, announced by President John Dramani Mahama’s administration, took effect on Monday, is expected to deliver a strategic shift at one of West Africa’s key oil infrastruc­ture companies.

The transition was formalised during a handover ceremony at BOST’s Head Office in Accra, where outgoing MD, Dr Edwin Provencal, ceremonially trans­ferred leadership responsibilities to his successor in what officials described as “an exemplary display of corporate governance practice.” During the handover ceremony, Mr Awoonor ex­pressed his heartfelt gratitude to Dr Provencal for his dedicated service and impactful leadership.

“I want to express my deepest gratitude to Dr Provencal for his exceptional leadership. Under his guidance, BOST has grown to new heights, and I am honoured to carry the torch forward. My focus will be on further strength­

ening the company and fostering an environment of collaboration, innovation, and excellence as we drive the next phase of growth and success for BOST and the nation,” Mr Awoonor added.

The new MD further stated that his immediate focus is on internal stakeholder engagement, with plans to directly engage with team members, as he highlight­ed his commitment to foster­ing a collaborative, congenial, high-performing work environ­ment.

The occasion was described as “both a reflection of BOST’s solid governance framework and a celebration of a promising new chapter for one of Ghana’s most critical institutions in the energy sector.”

The BOST Senior Staff Union, through its leadership, pledged their “full support and cooperation to Mr Awoonor and his leadership team as we work together to achieve the compa­ny’s strategic objectives.”

The union again noted that the appointment “demonstrates the President’s commitment to selecting highly qualified individ­uals to lead key institutions” in the country.

Similarly, the Ketu North arm of the National Democratic Con­gress (NDC), in their congratu­latory message, noted that “this critical designation is a testament to his unwavering dedication, loyalty, and exceptional compe­tence.”

Mr Awoonor brings nearly a decade of experience in the African oil and gas sector, most recently serving as Senior Partner at DOC Africa and Regional Head of Sales and Marketing at Convenio Energy, where he oversaw hydrocarbon trading operations across the Southern African Development Communi­ty (SADC) region.

His appointment marks a return to BOST, where he previously served as Manager of Government Relations from September 2016 to April 2017.

Mr Awoonor’s educational background includes an Exec­utive Master’s in International Oil & Gas Leadership from the Geneva Graduate Institute and a Master’s degree in Oil and Gas Management from IFP School, both completed in 2015. This technical expertise is comple­mented by his extensive practical experience in hydrocarbon trad­ing and business development across sub-Saharan Africa.

Beyond his corporate role, Mr Awoonor has demonstrated commitment to social develop­ment through the Afetsi Awoo­nor Foundation, established in 2023 to support human resource development in local commu­nities, with particular focus on youth and women empowerment through training, mentorship, and entrepreneurship initiatives.

Mr Awoonor’s previous role at Convenio Energy, where he managed relationships with refin­eries, National and International oil companies (NOC/IOC), bulk distributors, oil marketers, importers/exporters, public and private sector companies, is expected to aid in his current capacity.

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