Samuel Dubik Mahama Resigns as ECG’S Managing Director.

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ECG MANAGING DIRECTOR RESIGNS

The managing Director of the Electricity Company of Ghana – ECG Samuel Dubik Mhama has reigned. In a letter addressed to the board Chairman, he cited personal reasons for his departure, “Over the past two years and four months. I have had the profound honour of serving this esteemed organization, and I am truly grateful for the opportunities I have received. I want to extend my heartfelt thanks to the Board for your unwavering support and guidance throughout my tenure. I also wish to express my sincere gratitude to the President for the trust placed in me, which has been a significant aspect of my journey here.”

His departure has come as a surprise to many in Ghana’s energy sector, as he had only served in the position for two years. Mahama was appointed by President Nana Addo Dankwa Akufo-Addo and assumed the role on May 16, 2022.

Despite the unexpected nature of his resignation, sources within ECG and government circles have remained silent on the specific circumstances that led to this development.

Mr. Samuel Dubik Mahama is a product of Achimota School and Ghana’s premium university, the University of Ghana where he obtained a degree in Political Science and Sociology. He pursued law at the same university and later at the Ghana School of Law for his Professional Law Course.

He is a partner at Dubik and Associates law firm and has over 12 years of working experience serving in Executive roles. He has been in Ghana’s business industry for almost 2 (two) decades and has worked in both the private and public sectors. During his tenure in the public sector, he worked with the Ghana Investment Promotion Center (GIPC) whose sole aim is to promote foreign direct investment in Ghana. Mr Dubik served as the head of Monitoring and Evaluation at the GIPC.

In his business life, he has focused mainly on the energy sector where he has worked with American companies such as Bridgewell Resources LLC based in Portland Oregon, Gulf South Forest Products based in Fort Lauderdale, Florida, and Elsewedy Electricals based in Cairo Egypt for a decade now.

Mr. Mahama has vast experience in consulting for local energy, mining, and engineering firms by assisting them in identifying viable projects with the necessary funding for turnkey projects. He also serves on the Board of a few companies including Wilkins Engineering Limited, De-Montag Company Limited, and Ghana Industrial Holding Company (GIHOC). Prior to his appointment, he was a Board member of the ECG

The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has officially resigned, citing personal reasons in a letter addressed to the Board Chairman. In his farewell message, Mahama reflected on his two years and four months of service with a deep appreciation for the opportunities he had and the trust placed in him by the Board and President Nana Addo Dankwa Akufo-Addo, who appointed him to the role on May 16, 2022.

In his resignation letter, Mahama expressed his heartfelt gratitude, saying:

“Over the past two years and four months, I have had the profound honour of serving this esteemed organization, and I am truly grateful for the opportunities I have received. I want to extend my heartfelt thanks to the Board for your unwavering support and guidance throughout my tenure. I also wish to express my sincere gratitude to the President for the trust placed in me, which has been a significant aspect of my journey here.”

His resignation has been met with surprise within Ghana’s energy sector, as he had served only a relatively short period in the role. Despite this unexpected move, no official reason beyond the “personal reasons” cited by Mahama has been disclosed by either ECG officials or government sources. Speculation remains rife, but there has been no detailed commentary from within ECG or government circles about the circumstances that prompted his departure.

Professional and Educational Background

Samuel Dubik Mahama is widely regarded as an accomplished and experienced figure in both the public and private sectors. He is an alumnus of the prestigious Achimota School and later attended the University of Ghana, where he obtained a degree in Political Science and Sociology. Following his undergraduate studies, Mahama pursued a legal education, attending both the University of Ghana and the Ghana School of Law, where he completed his Professional Law Course.

In his career, Mahama has accumulated over 12 years of executive experience, working across various sectors and industries. He has been active in Ghana’s business landscape for nearly two decades, playing key roles in both public and private organizations. His expertise spans several industries, including energy, law, and investment promotion.

Public Sector Experience

One of Mahama’s notable public sector roles was at the Ghana Investment Promotion Center (GIPC), an organization dedicated to promoting foreign direct investment in Ghana. As the Head of Monitoring and Evaluation at GIPC, he was responsible for tracking and assessing the performance of investments, as well as ensuring that they met set benchmarks for success. His role at GIPC gave him significant exposure to Ghana’s economic and investment landscape, further enhancing his expertise in promoting Ghana as a prime investment destination.

Private Sector and Energy Industry Contributions

In the private sector, Mahama’s career has largely centered on the energy industry. He has worked with several international companies, including Bridgewell Resources LLC, a Portland, Oregon-based company specializing in global resource supply chains; Gulf South Forest Products, a Fort Lauderdale, Florida-based company involved in wood products trading; and Elsewedy Electricals, a Cairo, Egypt-based multinational energy solutions provider. These experiences have equipped Mahama with in-depth knowledge of the global energy markets and positioned him as an expert in energy trading and resource management.

For the past decade, Mahama has been actively involved in consulting for local energy, mining, and engineering firms. His primary focus has been helping these firms identify viable projects and securing the necessary funding for turnkey projects—those that are fully developed, operational, and ready to be handed over to the client upon completion. This hands-on involvement in project development and financing has made him a respected figure in the energy sector.

Corporate Governance and Board Memberships

Mahama’s leadership extends to corporate governance, where he serves as a board member for several prominent companies. He is a member of the board of Wilkins Engineering Limited, a company that specializes in electrical engineering, and De-Montag Company Limited, which is involved in construction and engineering projects. Additionally, he serves on the board of the Ghana Industrial Holding Company (GIHOC), one of Ghana’s leading industrial conglomerates. His roles on these boards reflect his broad expertise and leadership in guiding organizations toward growth and success.

Before being appointed as ECG’s Managing Director in 2022, Mahama was already familiar with the organization, having served as a board member. This prior experience provided him with valuable insights into the workings of the company, making his transition into the Managing Director role a natural progression.

ECG Tenure and Resignation

Mahama’s time at ECG, although brief, was marked by his commitment to tackling the challenges faced by Ghana’s electricity sector. ECG, the main electricity distribution company in the country, plays a critical role in ensuring that power is reliably delivered to both residential and commercial users. Under Mahama’s leadership, ECG faced the monumental task of addressing longstanding issues such as power theft, revenue mobilization, and the need for more efficient distribution networks.

Despite his best efforts, Mahama’s tenure at ECG occurred during a period of significant challenges in Ghana’s energy sector, including financial difficulties, delays in payments from power consumers, and issues related to the country’s broader energy supply chain. These challenges have been ongoing for years, exacerbating the pressures on ECG leadership.

Mahama’s resignation, while unexpected, could potentially be linked to the complexities of leading an organization in such a critical and sensitive sector. However, the full reasons behind his departure remain undisclosed, as stakeholders in the energy sector and government circles have stayed largely silent.

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