Asantehene counsels new BOST MD

Otumfuo Osei Tutu II, Asantehene, has advised the newly-appointed Managing Director of the Bulk Oil Storage and Transportation (BOST) Company Limited, Mr George Mensah Okley, to remain focused as he worked assiduously to achieve corporate objectives of the company.

He said the job at hand called for humility, discipline and support of all stakeholders to ensure the successful management of the company for the growth of the oil industry.

Otumfuo Osei Tutu gave the advice when Mr Mensah Okley paid a courtesy call on him at the Manhyia Palace, Kumasi, to officially introduce himself to the king, as he takes charge of affairs at the company.

The new MD succeeded Mr. Alfred Obeng.

He holds a Bachelor of Science Degree in Chemical Engineering from the Kwame Nkrumah University of Science and Technology (KNUST), as well as Master’s Degree in Chemical Engineering from the University of Dortmund, with a focus on Fluid Separation Process, Process Modelling & Optimization, Process Control Design and Modelling of Dynamic Systems.

Additionally, he has a Master’s Degree in Reservoir Evaluation and Management from the Heriot-Watt University, Edinburgh, Scotland, with a focus on oil field operation (petroleum economics, production and drilling), reservoir engineering, reservoir concepts, reservoir sedimentology, formation evaluation, well testing and production, reservoir simulation, rock mechanics with geophysics and modelling with management.

Mr. Okley worked as a Research Scientific Officer at the Ghana Atomic Energy Commission from 2005 to 2007, and Petroleum Engineer at the Ministry of Energy from 2008 to 2012; and also served as Acting Head of Upstream of the Petroleum Division of the Ministry of Energy from 2013 to 2017.

Otumfuo Osei Tutu indicated that with his good understanding and experience in Ghana’s petroleum regulations and exposure in the oil and gas industry, it was expected of the new BOST MD to bring his expertise to bear for increased productivity in the company’s endeavours.

In appreciation, Mr. Okley was grateful to the Asantehene for his counsel, and promised that he would remain committed to the cause of the company.

The BOST MD outlined the company’s short-term vision, including expanding its trading frontiers into neighbouring countries, setting up a world class trading department, restructuring of its corporate governance and re-branding to boost its image.

It was also seeking to optimize logistics and supply chain through automation to ensure cost-effective movement of petroleum products across the country.



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