SIGA is a success story – ASABEE tells CEOs, Board Chairmen

The first and outgoing Director-General (DG) of the State Interests and Governance Authority (SIGA), Hon Stephen Asamoah-Boateng has urged his successor and all coordinating staff to continue to adhere to processes and activities that have made the state outfit a success story within two years. 

Addressing stakeholders of SIGA including Chief Executive Officers (CEOs) and Board Chairperson of Specified Entities at a retreat at Kwahu Nkwatia in the Eastern Region, Mr Asamoah-Boateng said the outfit’s proactive and responsive actions to the challenges facing it contributed to making it a working institution.  

Having been carved out from the defunct State Enterprises Commission and the Divestiture Implementation Committee, the NPP government decided to create SIGA through an Act of Parliament popularly known as ACT 990 in 2019. 

After this, he said there was a lack of coordination between CEOs and their Board Chairpersons and CEOs and their Deputies. He noted an issue that resulted in a lot of bickering and antagonism.  

“… SIGA represents a success story worth emulating and ensuring it thrives since it presents a platform for knowledge sharing and strategic planning amongst CEOs, their Deputies and Board Chairpersons…”, Mr Boateng stressed.  


With the mandate to coordinate the activities of State Enterprises into a single purpose, Mr Asamoah-Boateng said the activities of SIGA has since attracted commendations from the World Bank. 

The World Bank, he revealed, had noted with pride in their records that SIGA’s creation has been a worthwhile venture since it creates a platform for all activities of State Enterprises to be coordinated. 

Mr Asamoah-Boateng said it was therefore not surprising that many African countries since the World Bank’s endorsement have been inundating the outfit with enquiries about how it was set up as well as its operational structure.  

“SIGA would continue to be a success story since it gives energy for knowledge sharing as all CEOs sit together periodically to brainstorm on strategies and plans to make their individual outfits perform the exact tasks given to them by the President”, the DG intimated.  


Asabee, as the SIGA boss is fondly called, said the two years the outfit was created, it had been able to initiate strategies to turn around entities from the then trend of conflicts between CEOS, Deputies and Board Chairperson. 

With this vast experience of working at SIGA coupled with the opportunity to work as an Information Minister during the tenure of President Kufuor, Mr Asamoah-Boateng says he has acquired enough knowledge and exposure to streamline activity at the political party level. 

He, therefore, commended the President who was represented by the Vice President, Dr Mahamudu Bawumia for the opportunity. 

He hopes that his new vision of becoming National Chairman of NPP will bode well for the party so that it can become better and attractive to the Ghanaian people.  

Source: Otec FM

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