The Managing Director of Electricity Company of Ghana, Samuel Dubik Mahama tendered his resignation to the Board Chairman of ECG, formally announced on September 24, 2024. This step was confirmed by multiple sources, including news outlets and social media posts indicating a widespread acknowledgment of his departure.
According to some reports, Mahama cited “personal reasons” for his resignation. However, no official reason was provided in his resignation letter, leaving the exact cause open to speculation.
Under Mahama’s tenure, which began in May 2022, ECG saw significant operational changes, including an increase in user engagement with the ECG PowerApp, a substantial rise in monthly revenue, and efforts towards reducing meter request backlogs. Despite these achievements, the company has been facing financial challenges, highlighted by difficulties in meeting payment obligations and operational costs, which might have contributed to the backdrop of his resignation..
There’s curiosity and speculation about who will succeed Mahama, especially given ECG’s history of financial losses, except for a brief period in 2020. This transition comes at a critical time for ECG, prompting discussions on the company’s future direction and governance.
This summary reflects the sentiment and information available up to September 25, 2024, based on both traditional news reports and social media discussions.
The resignation has sparked a conversation on the management and financial health of ECG, with stakeholders and observers awaiting further announcements on leadership changes and strategic directions for the company.
