The Presidency has signalled an impending reshuffle of Chief Executives of State-Owned Enterprises (SOEs), following President John Dramani Mahama’s dissolution of the boards of nine state institutions.
The development forms part of what the Presidency describes as a broader effort to strengthen institutional leadership, improve coordination and ensure that government appointees remain aligned with the administration’s policies and priorities.
In a notice to ministers, chief executives, board members and other political appointees, the Secretary to the President, Dr Callistus Mahama, said the recent ministerial changes, dissolution of selected boards and the expected reshuffle of chief executives were part of measures to reinforce effective leadership across government.
“The recent ministerial changes and the dissolution of selected boards, together with the impending reshuffle of Chief Executives, reflect the President’s determination to strengthen institutional leadership, enhance coordination and ensure that every appointee remains fully aligned with the Government’s policies and priorities,” the notice stated.
The warning comes amid renewed scrutiny of the performance of political appointees, with the Presidency stressing that performance across all sectors would continue to be assessed.
It said President Mahama would take “any further action necessary” to safeguard the integrity, effectiveness and responsiveness of his administration.
The President further reminded all ministers, deputy ministers, chief executives, board members and other political appointees to discharge their responsibilities with integrity, diligence, humility and respect for established administrative procedures.
“Conduct that undermines governmental cohesion, institutional authority or the effective implementation of Government policy will not be tolerated,” the notice cautioned.
Nine Boards Dissolved
The latest signal of a possible shake-up follows President Mahama’s decision on Wednesday, September 2, 2026, to dissolve the boards of nine state institutions with immediate effect.
The affected institutions are the Ghana National Petroleum Corporation (GNPC), Bulk Oil Storage and Transportation Company (BOST), Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited, Road Maintenance Trust Fund, TDC Ghana Limited, Prestea Sankofa Gold Limited and the National Sports Authority.
The Presidency said the affected boards would be reconstituted in due course and directed the relevant sector ministers to take the necessary steps to give effect to the dissolution.
Although the immediate action concerns the boards, the Presidency’s latest notice makes clear that chief executives could also be affected by the broader reorganisation.
CEOs Already on Notice
The impending reshuffle also follows previous warnings from President Mahama over the performance and compliance of SOE chief executives.
In March 2025, the President cautioned CEOs that underperformance and failure to align with his administration’s Reset agenda could cost them their positions.
In 2026, the administration intensified its focus on accountability, directing SOE chief executives to submit outstanding audited financial statements and annual reports within deadlines set by the State Interests and Governance Authority (SIGA).
The submissions were subsequently incorporated into the performance assessment of the entities and their leadership.
The latest CEO reshuffle signal also comes as SIGA has published its 2025 State Ownership Report, which assesses the financial and operational performance of State-Owned Enterprises, Joint Venture Companies and Other State Entities.
Wider Government Reorganisation
The expected CEO changes come against the backdrop of a wider reorganisation of the Mahama administration.
The President made a number of ministerial changes in August, including the reassignment of Abdul-Rashid Pelpuo to the Special Initiatives portfolio and Emmanuel Kwadwo Agyekum to the Labour, Employment and Job Creation portfolio.
Ernest Brogya Genfi was also reassigned from Deputy Defence Minister to Presidential Adviser on National Resilience and Emergency Preparedness.
The Presidency has now made it clear that the ongoing changes are intended not only to restructure government but also to enforce discipline, accountability and policy alignment among political appointees.
It reminded all appointees that “public office is a privilege and an opportunity to serve the Ghanaian people” and urged them to cooperate with the President as the administration works to deliver its mandate and improve the lives of Ghanaians.
