Mr Sammy Gyamfi, the Acting Managing Director of the Precious Minerals Marketing Company (PMMC), has vowed to prioritize transparency, stakeholder engagement, and the equitable distribution of the country’s mineral wealth.
Mr Gyamfi, a seasoned legal professional with extensive experience in the minerals sector, has officially taken the helm of PMMC, succeeding the outgoing Managing Director, Nana Akwasi Awuah.
During his formal introduction to the company’s staff, Mr. Gyamfi outlined his vision for the way forward, emphasizing the need for a collaborative and inclusive approach.
“PMMC’s role as the custodian of Ghana’s precious mineral resources is of paramount importance, and I am committed to ensuring that we fulfill this responsibility in a manner that benefits all Ghanaians,” he said.
He said this would require strengthening the Company’s partnerships with local communities, mining companies, and regulatory bodies, as well as enhancing the overall governance and transparency of our operations.
The transition at PMMC comes at a critical juncture, as the country grapples with the complexities of resource governance and the need to ensure that the benefits of mineral wealth are equitably distributed.
Mr. Gyamfi’s appointment is a demonstration of the government’s commitment to professionalizing and strengthening the management of state-owned enterprises, a key priority in the pursuit of inclusive and sustainable development.
Mr. Gyamfi, who brings a wealth of legal expertise, and a deep understanding of the minerals sector pledged to work tirelessly to uphold the core values and objectives of PMMC, which include the effective regulation and marketing of Ghana’s precious minerals.
“My primary focus will be to ensure that PMMC remains a trusted custodian of the country’s mineral wealth, while also exploring new avenues for growth and diversification. We have a responsibility to the people of Ghana to maximize the benefits of our natural resources and to do so in a manner that is transparent, accountable, and aligned with the national interest,” he added.
He said collaboration and open communication would be at the heart of his approach.
“We cannot achieve our objectives in isolation, and I am committed to fostering an environment of mutual understanding and shared purpose with the people who live in the shadow of these lucrative mining operations,” he said
Mr. Gyamfi promised to work closely with the relevant government authorities to align PMMC’s operations with the broader initiatives to enhance the governance and management of the country’s extractive industries.
Mr. Awuah, the outgoing Managing Director, commended the efforts of the PMMC team, highlighting the significant strides made in recent years in areas such as financial management, operational efficiency, and the protection of the company’s core mandate.
“The success we have achieved is proof of the hard work and dedication of each and every one of you. I have no doubt that with Sammy at the helm, this company will continue to thrive and reach new heights,” Mr. Awuah said.
Madam Joycelyn Mends-Ainoo, the Director of Human Resources and Administration at PMMC, expressed her confidence in the new leadership, emphasizing the importance of maintaining a seamless transition for the benefit of the company’s operations and its employees.
“We are excited to welcome Mr Gyamfi to the PMMC family. His expertise, coupled with his dedication to the company’s mission, make him the ideal candidate to lead us into the future. We pledge our full support and commitment to working alongside him to achieve our shared goals,” Mrs. Mends-Ainoo said.
As the new Managing Director takes the helm, PMMC employees have expressed their optimism and eagerness to contribute to the company’s continued growth and success.
Mr Ernest Asiedu-Odei, Director of Corporate Planning, said, “This is a new chapter for PMMC, and we are ready to embrace the challenge. With Mr. Sammy’s leadership and our collective efforts. I am confident that we will strengthen PMMC’s brand as a vital institution in Ghana’s minerals sector.”
He said the transition at PMMC comes at a critical juncture, as the country grapples with the complexities of resource governance and the need to ensure that the benefits of mineral wealth were equitably distributed among all Ghanaians.
He said Mr. Gyamfi’s appointment was a testament to the government’s commitment to professionalizing and strengthening the management of state-owned enterprises, a key priority in the pursuit of inclusive and sustainable development.
President John Dramani Mahama appointed Mr Gyamfi as the acting MD of the P PMMC with a crucial mandate to oversee the establishment of the Ghana Gold Board (GOLDBOD), a new entity dedicated to gold trading.
He is a lawyer and Economic Policy Analyst with a BSc in Environmental Science and a Bachelor of Law from Kwame Nkrumah University of Science and Technology.
GNA
