PETROSOL, a leading privately-owned Ghanaian oil marketing company, has announced the appointment of Daniel Acheampong, a seasoned corporate leader and former Chief Executive Officer of Volta Aluminium Company Ltd (VALCO), as its new Board Chairman, effective May 16, 2024.
Mr. Acheampong brings a wealth of experience in strategic leadership, human resource management, and corporate governance to the role. He spent 36 years at VALCO, rising through the ranks to become CEO in 2014, a position he held for nearly a decade. During his tenure, he leveraged his expertise to bring about increased confidence, commitment, and goodwill among major stakeholders towards VALCO’s operations.
Prior to becoming CEO, Mr. Acheampong served as Deputy CEO in charge of Human Resources and Administration, Public, and Legal Affairs, and previously as Director of Human Resources and Administration. He is a Human Resource practitioner by profession, with close to thirty years of contemporary experience in the field of Human Resource Management and Strategic Leadership.
Mr. Acheampong is highly respected in the Ghanaian business community, having served as President of the Ghana Employers’ Association (GEA) from 2018 to 2024 and as President of the Institute of Human Resource Management Practitioners, Ghana (IHRMP) from 2007-2011. He is also a recipient of several high-profile awards, including the Ghana Business Leaders Lifetime Achievement Award and induction into the Corporate Ghana Hall of Fame.
“It is a great honour to be appointed to chair the Board of PETROSOL,” Mr. Acheampong said. “We will do whatever it takes to positively transform the company and take its rightful place in the market. Continuous improvement in the corporate world is the name of the game, and all hands should be on deck as we move into the change management or transformation mode.”
The CEO of PETROSOL, Michael Bozumbil, welcomed Mr. Acheampong’s appointment, citing his “immeasurable wealth of experience” and alignment with the company’s core values. “We are delighted to have such a distinguished corporate leader to chair the reconstituted Board of PETROSOL, as it oversees the implementation of the company’s strategic plan for the next decade,” Mr. Bozumbil said.
PETROSOL Platinum Energy Ltd, formerly PETROSOL Ghana Ltd, operates a network of over 100 fuel stations across the country and supplies bulk consumers of petroleum products. The company is committed to excellence, integrity, and ethical conduct, and is poised to continue its growth and success under Mr. Acheampong’s leadership.
