Adom-Frimpong is new Chairman of Ghana’s Oil Revenue Watchdog

Ghana’s Public Interest and Accountability Committee (PIAC), the statutory body with oversight responsibility of the management and use of the country’s petroleum revenues, has elected Kwame Adom-Frimpong as its new chairman.

Mr. Adom-Frimpong, a professor of accounting who represents the Institute of Chartered Accountants, Ghana (ICAG) on the PIAC, was elected in a unanimous decision by the Committee, drawn from 13 nominating institutions, according to a statement by the PIAC communications department. He will steer the affairs of PIAC as Chairman for one year, having taken over from Noble Wadzah, whose membership tenure on the Committee expired at the end of last year.

Adom-Frimpong is a graduate of the University of Wales, Bangor, UK (MBA) and the University of London. He obtained his Doctorate degree in Business Administration (DBA-Finance option) in 2001 from University for Professional Studies, Arcadia, USA and again had PhD in Economics Finance from the same University in 2004.

He is currently the Managing Director of Mainstream Reinsurance Company and a Partner of Adom Boafo & Associates, a firm of Chartered Accountants and Management Consultants. He worked with PricewaterhouseCoopers for five years as Audit Supervisor, five years with SSNIT as Head of Audit and ABC Brewery Company as Senior Cost and Management Accountant for four years.

Adom-Frimpong qualified as a Chartered Accountant in 1990, and is the immediate past President of the Institute of Chartered of Accountants Ghana (ICAG). He is a Fellow of both the Chartered Institute of Bankers (FCIB) and the Chartered Insurance Institute of Ghana (FCIIG). He is also a Barrister-at-Law and a member of the Ghana Bar Association.

 


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