Kosmos Energy creates advisory council

Kosmos EnergyKosmos Energy Ghana HC, a wholly owned subsidiary of Kosmos Energy Ltd, has announced the creation of an independent advisory council to enhance the company’s ability to support Ghana’s needs as a developing economy.

“By listening to the advice and insights of respected business leaders, Kosmos is preparing to play a more active role in helping Ghana reach its full potential. Creating this independent advisory council confirms Kosmos’ long-term commitment to Ghana and supports its business interests for the benefit of both Ghanaian society and Kosmos’ shareholders.”

Members of the new advisory council include Philippe Ayivor, a retired executive of The Coca-Cola Company; Felix Addo, Country Senior Partner of PricewaterhouseCoopers Ghana; Seth Kwasi Dei, Founder of Leasafric and Blue Skies Ghana Limited; and Ishmael E. Yamson, non-executive Chairman of Unilever Ghana Limited and Standard Chartered Bank Ghana Limited, and former Chairman of Ghana Investment Promotion Centre (GIPC).

Speaking on the formation of the advisory council, Ken Keag, Vice President and Country Manager of Kosmos Energy Ghana said, “We are pleased to have such respected business leaders join our council of advisors. Their individual and collective knowledge and experience will add great strategic insight to Kosmos’ work in Ghana as we celebrate 10 years of success and look toward an even brighter future.”

On his part, Philippe Ayivor said, “International companies working in Ghana have a role to play in helping the country reach its full potential. Kosmos believes in our future and recognizes that its success is tied to Ghana’s overall prosperity. I am pleased to be a part of their advisory council.”

Felix Addo added, “It is reassuring to see a global SEC registrant reaffirm its commitment to Ghana and devote significant resources to creating and realizing a shared agenda that is mutually beneficial to both company and country.”

It was pointed out by Seth Kwasi Dei that, “Job creation and broad economic development are the best legacies that a company can give its host country. After 10 years of investment in Ghana, Kosmos continues to increase its level of engagement and wants to be a part of creating our country’s future. With my business background and expertise, I can support their efforts.”

Ishmael E. Yamson said, “Kosmos has a healthy and realistic understanding that its continued success is linked to the promise of Ghana’s future. The creation of an independent advisory council is a strong signal that Kosmos takes this matter seriously and wants to better understand local perspectives, challenges, and opportunities.”

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