Presidency reveals ‘impending reshuffle’ of SOE CEOs

The Presidency has announced an upcoming reshuffle of Chief Executives of State-Owned Enterprises (SOEs). Secretary to the President, Callistus Mahama, informed Ministers and political appointees that recent ministerial changes, dissolution of some boards, and this upcoming CEO reshuffle reflect President John Mahama's commitment to improving institutional leadership and coordination.

The President expects all appointees to uphold integrity, diligence, humility, and respect for established procedures. He warned that conduct undermining governmental cohesion, authority, or policy implementation will not be tolerated. The Presidency noted that performance across sectors will continue to be assessed and that the President will take necessary action to ensure the integrity, effectiveness, and responsiveness of his administration.

This announcement comes after President Mahama warned SOE CEOs in March 2025 that underperformance and failure to align with his reset agenda could lead to their dismissal. In 2026, he further intensified the warning, requiring CEOs to submit audited accounts and annual reports by SIGA's deadline or face dismissal, making these submissions a performance indicator.

The reshuffle also coincides with the State Interests and Governance Authority (SIGA) publishing its 2025 State Ownership Report, which evaluates the financial and operational performance of SOEs, joint ventures, and other state entities.