We have distinguished men and women constituting our Board.



Chief Executive Officer, CBOD

Mr. Hosi is the Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors. Prior to joining the CBOD, he worked as the Group General Manager for Meridian Management and Investments and served as a Director at Eco Petroleum Limited.

He is a Trade Finance expert and management consultant with working and management experience across varying industries including FMCG, Commodity trading, finance, logistics and downstream petroleum. He holds an MBA in finance from the University of Ghana.

Mail: s.hosi@cbodghana.com



Chief Finance Officer & Head of Investments, Fueltrade Limited

MR. YAW KODUAH-SARPONG is the Chief Finance Officer & Head of Investments of Fueltrade Limited, a leading bulk distributor of refined petroleum products. Mr. Koduah-Sarpong is a qualified accountant (ACCA), with a postgraduate degree in International Economic Law (LLM) from the University of Warwick in the United Kingdom and obtained his first degree in B.Sc. Administration (Accounting Option) from the University Of Ghana, Legon.

He has worked at Bulk Oil Storage & Transportation (BOST) Company Ltd where he was the Chief Finance Officer for four years. His previous employment was with Ernst & Young Ghana, as a Tax and Legal consultant.

He sits on the Board of Fueltrade Limited.

Mail: ykoduah-sarpong@fueltradeghana.com



Chief Operating Officer, Oil Channel Ltd.

Joyce Heman-Ackah is a Fellow of the Association of Chartered Certified Accountants UK and holds a BSc in Mathematics and Statistics from University of Ghana , Legon.

Prior to joining Oilchannel, Joyce was the General Manager- Finance of NSIA Ghana Insurance Company formerly CDH Insurance. She joined NSIA Ghana in March 2000 and was instrumental in the growth of the company during her service period. Joyce was an active player within the insurance industry, chairing the Finance Committee of the Ghana Insurance Association between 2008 and 2010, serving as a Director on the Board of the Ghana Insurance College and participating on various industry committees.

Between 1998 and 2000, she was a consultant with KPMG Ghana and involved in various projects within the Integrated Vendor Solutions and Corporate Finance Units of the firm.

In 1998 Joyce returned to Ghana from the UK after 13 years. Her last position was the Finance Manager, of a large charitable organization and Non-Executive Director and Honorary Treasurer of Milton House Trust. Ms. Heman-Ackah also worked for some years as an accountant/auditor in public practice in the UK.

She is a member of the Institute of Directors (Ghana) and Honorary Treasurer and a Director of the Business Council for Africa (BCA GH). She also holds Directorship on the board of the Ghana Association of Leasing Companies.

Mail:  jheman-ackah@oilchannel.com.gh



Chief Executive Officer, Quantum Group and Sage Petroleum

He holds a BSc Admin Degree and an MBA in Accounting and Finance from the University of Ghana Business School.

He was also the Deputy Manager of KPMG Ghana from 1994 to 1997 and a Lecturer in Accounting and Finance at the University of Ghana Business School from 1995 to 1999.

He is a member of the Ghana Institutes of Chartered Accountants and of Taxation.  He also holds several certificates in International Oil Trading and Finance.

He was the Commercial Director of Cirrus Oil Services Ltd from 2006 to 2009.

He is the founder and CEO of Quantum Group and  Sage Petroleum.

Mail: emensah@sagepetroleumgh.com



Chief Executive Officer, Vihama Energy

Sebastian Klenam Asem is the CEO of Vihama Energy. Prior to joining Vihama, Sebastian held senior banking positions at Standard Chartered Bank, Stanbic Bank and Access Bank. He is a Trade Finance and credit expert and has led teams to undertake various transactions including the financing of the first storage tanks for BOST, oil procurement transactions with international syndications, as well as the first syndicated financing transaction in Ghana’s telecom industry. He is also an expert in sovereign transactions having acquired in-depth experience in government financing over the years.  He is currently the vice-president of the Association of Bulk Distribution Companies. He holds an MBA in Finance from the University of Ghana – Legon; a certificate in Negotiations from the Harvard Business School, Cambridge, Massachusetts and a diploma in oil trading, supply and marketing from Oxford Princeton Programme UK.

Mail: klenas@hotmail.com



Chief Executive Officer, Cirrus Oil Service Ltd

Ivy has been working in the Energy Sector since 2002 working with GE Capital in the USA from 2002 through 2007 and in the UK from 2007 until August 2009 in Energy Financing. Prior to that, she was with the Consumer Banking Department at Ecobank Ghana from 1998 until 2001 working closely with the Head of Consumer Banking and Customer Care, Ivy is a graduate of the University of Ghana, Legon (BA Admin) as well as Vanderbilt University in TN, USA (MBA). She also holds leadership certificates from both Harvard and Stanford Business Schools in the USA.

Ivy began her energy career in 2002 as an associate with GE Structured Finance Group and GE Energy Financial Services (GE EFS) focused on reserve based acquisition and monetization and quickly rose through the ranks to become Vice President in January 2007. During this period she garnered hands on experience in both Debt and Equity financing in the Oil & Gas, Power Generation, Renewable and Ancillary Energy Services Sectors. She was also involved in portfolio management, underwriting and loan syndication.

In 2007, Ivy was appointed Risk Director and transferred to London, UK to set up and head a European Structured Finance desk for GE’s French Bank (GECFB). In this role, she worked closely with GE EFS and was responsible for deal structuring, document and contract negotiations, supervising deal teams in risks and mitigant analysis and presenting deals to credit committee for approval. She worked on over $1BN transactions covering Leverage Buyouts, Project Finance and Acquisition Finance.

Her experience and wins include closing and syndicating the first GE Energy Financial Services UK Wind Farm Project Finance deal ($60MM) and the financing of 3 Spanish Solar projects (~$100MM) with WestLB and Santander Banks. She was also the portfolio manager and agent for the $100MM Katahdin Power Generation Portfolio which was owned by ArcLight Capital Partners. In 2008, she was handpicked and awarded by the Company CEO as an outstanding employee. She also received a best employee award in 2000 at Ecobank Ghana Limited.

Ivy joined Cirrus Oil in 2009 as the company’s Risk Manager. She was promoted to the role of General Manager, Commerce a few weeks after joining the company and then appointed CEO in November 2010. In this role, she has spearheaded a wide range of health and education related community activities for Cirrus including partnering with the Pediatric Oncology Center at the Korle Bu Teaching Hospital (KBTH) as well as constructing and furnishing a library for the Poasi and New Takoradi communities in the Western Region of Ghana.

Ivy has held numerous speaking engagements; some of which include giving the key note address for the Canadian Chamber of Commerce Power Breakfast 2012, panel presenter during the 2013 TICAD V conference in Japan, speaker at the CWC Energy Conference in Ghana 2011, etc.

Mail: ivyowusu@gmail.com