Former Managing Director of the Precious Minerals Marketing Company (PMMC) Nana Akwasi Awuah has attributed the company’s dominant performance at the 2024 Public Enterprise League Table (PELT) Awards to the strategic reforms implemented during his tenure.
In a statement issued in Accra on March 20, he said the awards—organised by the State Interests and Governance Authority (SIGA)—reflect years of deliberate efforts he led to revive the fortunes of the company, now operating as GoldBod.
PMMC was adjudged Overall Best Specified Entity, State-Owned Enterprise of the Year, and Most Profitable State-Owned Enterprise for 2024.
“I feel honoured and proud to have led the team that worked assiduously to turn around the fortunes of a near-moribund company,” he stated, emphasising that the recognition is a direct outcome of the transformation agenda he championed.
Mr. Awuah disclosed that when he assumed office, PMMC was a struggling, debt-ridden entity unable to meet salary obligations and burdened with outstanding statutory debts.
Through what he described as disciplined leadership and targeted reforms, the company was repositioned into a profitable state entity by the end of 2024.
While acknowledging the role of staff and management, he stressed that the results validate the effectiveness of the leadership direction he provided.
“The hard work we put in has indeed borne good fruit,” he noted, expressing hope that the current leadership will sustain the momentum.