Accra, Nov 26 – Professor William Baah Boateng, Vice Chancellor of Methodist University Ghana, has emphasized the need for effective public-private partnerships (PPPs) to drive the country’s sustainable development agenda.
Speaking at the 10th Ghana Corporate Executives Awards at the Movenpick Ambassador Hotel in Accra, Prof. Boateng noted that well-structured and monitored PPPs can become “vehicles for trust, efficiency, and sustainable impact.”
He stressed the importance of a mutually beneficial collaboration among the public sector, private businesses, and academia, rooted in accountability and shared purpose to deliver transformative outcomes.
Prof. Boateng highlighted the potential of PPPs to facilitate infrastructure development and service provision without relying solely on public budgets.
The Vice Chancellor’s remarks underscore the growing recognition of PPPs as a vital tool for achieving sustainable development goals in Ghana.
“Public private partnerships facilitate infrastructure development and service provision without relying solely on public budgets.
A working PPP will promote job creation, technology transfer, and sustainable development,” he said.
Prof. Boateng indicated that while the private sector provides efficiency and innovation, the public sector ensures legitimacy and protects the public interest hence a strong alliance between the two sectors to create lasting public value when guided by robust governance.
Ghana’s infrastructure quality score currently stands at 47 out of 100—about 10 points below the average for lower-middle-income countries, and invests roughly 5 per cent of GDP in infrastructure, slightly below peers who average 5.4 per cent.
The Ghana Corporate Executives Awards is an initiative of the Entrepreneurs Foundation of Ghana (EFG) to spotlight and recognize Ghana’s leading corporate executives who have made significant impact and lasting imprints in the corporate world.
This year’s award honoured corporate executives who have built a lasting legacy, demonstrated strong entrepreneurial and corporate leadership with sustained business performance, integrity and vision over the last decade
Also speaking at the event, Professor Kwaku Appiah-Adu, policy consultant and professor of strategy at the Ghana Institute of Management and Public Administration (GIMPA), said national transformation in the 21st century requires a symbiotic relationship between the public and private sectors.
He described PPPs as an indispensable instrument in modern governance, allowing governments to harness private creativity, efficiency, and capital while maintaining regulatory oversight and development planning.
“No government, however visionary, can single-handedly deliver inclusive development.
While the private sector thrives in environments that provide policy clarity and stability, the public sector equally depends on private dynamism to drive innovation and growth,” he said.
About 20 corporate executives received the “Most Influential Corporate Leader of the Decade Award”
Those who received the award included Dr Ofori-Tenkorang, investment banker and former Director-General of SSNIT, Prof. Kenneth Agyemang Attafuah, former Executive Secretary of the National Identification Authority; Dr. Fareed Arthur, Executive Director of Intra-Africa Trade Capacity Centre and former National AfCFTA Secretariat Coordinator.
The rest are Mr. Frederick Adotey Saka, Chief Executive Officer(CEO) of Vanguard Assurance Company Ltd; Dr. Edward Nartey Botchway, Managing Director of Absa Bank Ghana; and Mr. Sylvester Adinam Mensah, chief executive officer of Ghana Exim Bank.
Other award recipients were: Mr. Julius Neequaye Kotey, CEO, Driver and Vehicle Licensing Authority; Dr. Toni Aubynn, CEO, Petroleum Hub Development Corporation; Dr. Philip Oti-Mensah, Managing Director of UMB Bank Ghana; Chief Dr. Doliwura Zakaria, Managing Director of National Investment Bank Plc.; Mr. James Agyenim Boateng, managing director, SIC Insurance Plc; and Mr. Adedamola Adelabu, chief executive officer of CFAO Mobility Ghana Plc.
The rest are: Madam Fatima Alimohammed, CEO, African Brand Warrior Ltd; Mr. Andrew Akoto, Country Managing Partner, KPMG; Mr. Victor Yaw Asante, Managing Director of FirstBank Ghana; Mr. Uzoechina Molokwu, Managing Director of UBA Ghana; Dr. Alexander Asmah, CEO, Amenfiman Rural Bank Plc.; Mr. Michael Abbiw, CEO MGA Consulting Ghana Ltd.; and Mr. Solomon Lartey, CEO, Africa Sureties and Insurance Advisory Company.
Prof. Kwaku Appiah- Adu was honoured with the “Lifetime Achievement Award 2025.”
GNA
25 Nov. 2025
Edited by Samuel Osei-Frempong