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Business News of Wednesday, 4 June 2003

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Ghana Airways gets new Chief Executive

The Board of Directors of Ghana Airways Limited on Tuesday announced the appointment of Mr Philip Owusu, a Management Consultant, as the new Chief Executive of the Company.

A statement issued in Accra said the appointment took effect from May 22.

It said with the assumption of duty of Mr Owusu, Mr William P. Bray, who was acting as Chief Executive, had reverted to his position as a member of the Board of Directors.

The statement said Mr Owusu, who holds Graduate Degrees in Electrical Engineering as well as Finance, worked with the World Bank for 25 years in various capacities and locations.

It said since returning home in 1999, he had worked as a consultant for several organisations including the Ministry of Finance. He acted as Managing Director of Ghana Telecom from November 2002 to January 2003.