Reindorf Twumasi Ankrah Appointed Acting CEO of GIADEC

In a significant development for Ghana's aluminium industry, President John Mahama has appointed Reindorf Twumasi Ankrah as the Acting Chief Executive Officer (CEO) of the Ghana Integrated Aluminium Development Corporation (GIADEC).

Established under the Ghana Integrated Aluminium Development Corporation Act, 2018 (Act 976), GIADEC is mandated to develop and promote a globally competitive Integrated Aluminium Industry (IAI) in Ghana. The corporation manages all of the Government of Ghana’s current and future investments in the aluminium sector, including its shares in the Volta Aluminium Company Limited (VALCO) and the Ghana Bauxite Company Limited (GBC). GIADEC also establishes partnerships with strategic investors, ensuring local participation across the entire bauxite and aluminium value chain. Notably, the corporation requires that at least 30% of any new venture in mining, refinery, or smelting be owned jointly by GIADEC and a Ghanaian private partner. The IAI initiative includes four major projects, involving the expansion of two existing operations and the development of two new ones through joint ventures

Reindorf Twumasi Ankrah is a distinguished lawyer with extensive experience in various legal domains, including the extractive industry, real estate, medical negligence, corporate and commercial law, dispute resolution, family law, and criminal defense. He holds an LLM in Energy Law, an LLB, and a Bachelor's degree in Political Science with Sociology, all from the University of Ghana. Currently, Mr. Ankrah is a partner at Morrison, Twumasi & Partners, where he leads the firm’s dispute resolution and litigation division. Over the years, he has provided legal advisory services on investment analysis, energy and mining policies, compliance, and legal risk management. He has also played a crucial role in assisting clients with project financing, debt restructuring, and obtaining regulatory approvals.

Mr. Ankrah's appointment comes at a pivotal time for GIADEC, as the corporation seeks to advance Ghana's ambitious Integrated Aluminium Industry agenda. His wealth of experience and strategic problem-solving skills are expected to provide strong leadership as GIADEC navigates the complexities of the aluminium industry and works towards achieving its objectives.

This development is anticipated to bolster efforts in establishing a robust and competitive aluminium industry in Ghana, contributing to economic growth and job creation.