Boakye Agyarko to shine light on Ghana’s energy crisis

Minister-Designate for Energy, Boakye Agyarko top focus for today's vetting

Boakye Kyeremateng Agyarko, Minister-Designate for Energy

Shining a light on Ghana’s energy crisis. Ghana has experienced a bitter energy crisis, a situation exacerbated by the country’s lack of capital and the government’s inability to deliver its promises, yet this has not deterred foreign investment.

As part of the four ministerial nominees who will today face the Appointment’s Committee of parliament to be vetted, Minister-Designate for Energy, Boakye Agyarko is one key focus aside Minister-designate for Trade and Industry, Alan Kwadwo Kyerematen, Minister-Designate for local government and rural development, Hajia Alima Mahama and Minister-Designate for Agriculture, Dr.Owusu Afriyie Akoto.

Mr. Agyarko is likely to be quizzed on how he will prevent an energy crises.

Over the past three years, the country has struggled with interrupted power supply, popularly termed ‘Dumsor’. The business community has especially borne the brunt of ‘dumsor’ with some recording losses and others shutting down. Mr. Agyarko will be expected to provide pragmatic solutions to dealing with the power crisis, which still lingers.

Profile: Boakye Kyeremateng Agyarko

Born in 1956 in Kumasi, in the Ashanti Region to Mr. Kwasi Agyarko, a Merchant and a United Party activist from Jamase, Ashanti and Teacher Jane Ladze Padi from Krobo-Odumase in the Eastern Region, Boakye Agyarko had his elementary school education at the K.O. Methodist Primary School (Ashanti New Town) and the University of Science and Technology (UST) Primary School.

He proceeded to Mfanstipim School in Cape Coast on September 18, 1969 and went on to the University of Ghana, Legon in 1976. He studied Economics and Political Science, and graduated with B.A. (Hons) in 1979.

Boakye Agyarko (or Torino as he was affectionately called in school) was an agile and enthusiastic sportsman. He represented Mfanstipim School, (Kwabotwe) in 110m hurdles, triple and long jump events. His demonstrated high sense of discipline while in school, which earned him various student leadership positions such as the Secretary of the Voluntary Work Camps association (VOLU) and the Ghana United Nation Students and Youth Association’s National President, and National Coordinator of (GUNSA). He later became the National Secretary, National President, and National Coordinator of GUNA in 1978, 1979 and 1980 respectively. The Mfanstipim School Year Book for the class of 1974 described Boakye Agyarko as, “one of the most colourful students to climb the Kwabotwe Hills from 1969 to 1976”.

Boakye Agyarko to shine light on Ghana's energy crisis

Boakye Kyeremateng Agyarko

He completed his National Service mandate as National Coordinator of GUNSA, to which he had previously served as National Secretary and President in 1977 and 1978 respectively. He subsequently joined Management & Investment Consultants Limited (MANCONSULT), a private economic and management consulting firm in Accra junior economist from 1981 to 1984.

While in the United States, Boakye Agyarko earned an Advanced Professional Certificate in Banking from the American Institute of Bankers. He also earned an MBA with concentration in Finance from Pace University in New York City. For the last twenty-two (22) years, Boakye Agyarko was employed as a Professional Banker at the bank of New York, the oldest bank in America where he rose to the position of Vice President and Head of Global Network Management for the Americans in the Investment Management and Services Division.

With the wealth of 22 years of experience in Banking, Investments and Finance behind him, Boakye Agyarko is well equipped with excellent negotiation, organisation and managerial skills, a sense of propriety and vast international experience and connections to tackle our protracted problems head on. As a vice president of a major Global Bank where one learns the value of achieving compromise and consensus in the formulation and implementation of policies, he has learned to exercise responsibility in a sea of uncertain authority.

On the political landscape of Ghana, Boakye Agyarko is a formidable force to reckon with. He was a founding member of NPP and his loyalty and allegiance to the party is second to none. Although not endowed with unlimited wealth, he has continually demonstrated his resourcefulness, generosity and loyal service to the party since its infancy. He has always answered the call to help when the party was in its struggling days, be it administrative or financial resources.

He has held a number of positions in the New Patriotic Party (NPP). He ably served as chairman of The Danquah Busia Club of North America, and for a time served as a Trustee of the Busia Foundation. He later became the coordinator for the NPP in North America where he took up the challenge of building the party and coordinated its activities within the Ghanaian community in America, at the same time liaising with the party back home in Ghana. His engagement in Ghana’s political and socio-economic discourse and dialogue is very well documented. As his contribution, he wrote a weekly column in the Ghanaian newspaper, “The Statesman” titled “Letter from America” from 1993 through 1998.

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