We have distinguished men and women constituting our Board.



Chief Executive Officer, CBOD

Mr. Hosi is the first Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors. He is a finance and economic policy analyst with management experience across varying industries including downstream petroleum, industry advocacy, public policy development, finance, logistics and commodity trading.

He holds an MBA in Finance and an MA in Economic Policy Management from the University of Ghana. He has been instrumental in the development and implementation of major policies in the Ghanaian energy sector, notably, the deregulation of the downstream petroleum sector, low sulphur fuel and the conceptual development and rationalisation of the Energy Sector Levies Act and its consequent debt management interventions.

He is an advisor to the Ministry of Energy and serves on various public and corporate boards including, the Ghana Highways Authority, the Private Enterprise Federation, Legacy Bonds Limited and NDK Capital Ltd.

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 other 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 of Chase Petroleum Ghana Ltd

Kwame Bediako holds a Bachelor’s degree in International Marketing from Baruch College, USA. He is the Chief Operating Officer of Chase Petroleum Ghana Ltd. a major Ghanaian Petroleum trading and distribution company.

He also serves on the Boards of Chase Logistics and Tema Tank Farm Limited, one of the largest privately held petroleum products terminal in Ghana. He is also an Executive Director of Global Power Ghana Ltd. which deals in Generators and industrial-size Automatic Voltage Regulators. Kwame has more than 15 years managerial experience in the Oil and Gas industry.



Chief Operating Officer, Oil Channel Ltd.

Ms. Joyce Heman-Ackah is the Chief Executive Officer of Oilchannel Limited. She joined Oilchannel in January 2011 as Chief Operating Officer and has played a key role in the growth of the company ensuring profitability, financial discipline and operational efficiency remain the key values that chart the strategic direction of the company. She actively participates in industry related programs and has attended various International and Local Oil and Gas Training Courses and Conferences.

Prior to joining the Oil and Gas Industry, Joyce was an active player in the Ghanaian Insurance Market. Her last role was the General Manager- Finance of NSIA Ghana Insurance Company formerly CDH Insurance. She joined NSIA Ghana, then Crusader Insurance in March 2000. During her eleven year service period, she was instrumental in the growth of the company being part of the Executive Team managing the Company through different phases of structural and ownership change and industry specific challenges. Joyce took keen interest in industry affairs, chairing the Finance Committee of the Ghana Insurance Association between 2008 and 2010 and serving as a Director on the Board of the Ghana Insurance College. She also availed herself to sit on various industry ad-hoc committees and attended several industry related conferences, seminars and training sessions.

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

Joyce returned to Ghana from the UK in 1998 where was involved in NGO Financing for a few years. Her last position was the Finance Manager and Company Secretary of Alcohol East, a Charitable Organization. She was also Non-Executive Director and Honorary Treasurer of Milton House Trust. Prior to this, Ms. Heman-Ackah worked for a number of years as a tax consultant/auditor in public practice in the UK.

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

She has several years board experience and currently serves on the boards of Oilchannel Limited, and Chairs the Negotiated Benefits Company Tier 2 Gold Fund. She is a member of the ICT Committee of the Institute of Chartered Accountants Ghana and a Council Member of the Family Health Medical School. Her previous board memberships include of Millennium Insurance Company Limited, African Democracy Fund, Business Council for Africa and Ghana Association of Leasing Companies..



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 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 Apea Owusu is the Chief Executive Officer of Cirrus Oil Services Limited. She has over 15 years’ experience in the Energy Sector, Leadership, Business Strategy, People and Talent Management, Change Management, Deal Structuring and Underwriting, Portfolio and Risk Management.

Ivy joined Cirrus Oil in 2009 as the company’s Risk Manager and subsequently became General Manager, Commerce. She was appointed CEO in November 2010. In this role, she has spearheaded a wide range of health and education related community activities.

Prior to joining Cirrus, Ivy worked with GE Capital in the USA and UK from 2002 until August 2009 in Energy Financing and Structured Finance. 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. In August 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). Prior to that, she was with the Consumer Banking Department at Ecobank Ghana from 1998 until 2001.

Ivy is a board member at Woodfields Energy Resources Ltd and Legacy Bonds Ltd. She is the board chairman for the Chamber of Bulk Oil Distributors (CBOD).

Ivy has held numerous speaking engagements; some of which include being a panel speaker at the maiden annual Executive Women’s Network (EWN) conference 2017, Women in Business (WimBiz) Nigeria 2017 Ghana Conference, key note address at the Canadian Chamber of Commerce Power Breakfast, panel presenter at the 2013 TICAD V conference in Japan, speaker at the 2013 African Refiners Association Annual conference in South Africa, speaker at a CWC Energy Conference in Ghana, Speaker at ClariT events, etc.

Ivy holds an MBA from Vanderbilt University in TN, USA and a BA (Admin) from the University of Ghana, Legon. She also holds leadership certificates from both Harvard and Stanford Business Schools in the USA.

Ivy is married with two children.

Mail: ivyowusu@gmail.com



Chief Executive Officer, Quantum Group and Sage Petroleum

Mr. Egyei-Mensah holds a BSc Admin Degree and an MBA in Accounting and Finance from the University of Ghana Business School. He is a member of the Institute of Chartered Accountants Ghana. He holds several certificates in International Oil Trading and Finance.

He is the Founder and CEO of Quantum Group (2000) and Sage Petroleum (2009). His previous work experience includes roles as the Commercial Director of Cirrus Oil Services Ltd. (2006-2009), Deputy Manager of KPMG Ghana (1994- 1997) and Lecturer in Accounting and Finance at the University of Ghana Business School (1995-1999).

Mail: emensah@sagepetroleumgh.com