Graphic Business News

Puma Energy appoints first Ghanaian Group MD

By: Graphic Business

Puma Energy has appointed Mr Henry Yaw Osei, as the first Ghanaian to hold the position of Group Managing Director for its Ghanaian subsidiaries known as Puma Energy Distribution Ghana Limited and Blue Ocean Investments Limited under the UBI Group of Companies .

His appointment comes into effect on February 1, 2020.

A press release issued by the company indicated that the selection of Mr Yaw Osei fits into one of the many philosophies at Puma Energy to think globally and act locally.

“These are exciting times for the company because we hold in the highest regard our local talent, who continue to be instrumental to the rapid growth of business.

“In changing the narrative, Puma Energy as a global mid and downstream company is committed to nurturing local talent .We support and train our people well, value them and trust them to excel.

“The tone has been set for the start of a new decade, and Henry being our first Ghanaian Group Managing Director is poised with enthusiasm to take up the new challenge.

Te release further indicated that Mr Yaw Osei would be fully responsible for all the happenings in Ghana ranging from commercial to sales activities as well as engaging with the government and regulatory bodies to ensure the smooth flow of our operations in the country.

Following his experience in the energy sector, Mr Yaw Osei has held managerial positions in sales, operations, business development and commerce in other companies before joining Puma Energy in 2017 as Deputy General Manager for Blue Ocean Investments; the Puma Supply entity and second largest bulk Distribution Company in Ghana

He holds an MBA in Oil and Gas management from the University of Coventry, UK and a degree in Chemical Engineering from Kwame Nkrumah University of Science and Technology, Ghana

In through its storage terminals at Kotoka International Airport, Tema and Takoradi Ghana, Puma Energy is the market leader in consistently serving high quality aviation fuel to airlines.  It is also provides affordable fuel to customers through its growing retail sites of over 80 stations. Through Blue Ocean Investments Limited, it is able to store and supply petroleum products.

In terms of the shareholder structure, The UBI Group of Companies locally owns Puma Energy Distribution Ghana Limited and Blue Ocean Investments Limited, going a long way to speak to its quest to include locals in its business growth