Vice President Mahamudu Bawumia has advised business leaders to prioritise sustainability in their operations by adopting eco-friendly practices.
He advised them to collaborate with government and other stakeholders as well as adopt innovative business modules to foster social and environmental well-being. This, he noted, will add to efforts being made to achieve the United Nations Sustainable Development Goals (SDGs) by 2030.
Dr. Bawumia said this in a keynote address at the 2023 Ghana Chief Executive Officers Awards, which acknowledges and rewards the contributions of corporate executives and entrepreneurs who are making outstanding efforts to attain sustainable development in the country.
The Veep’s call came at a point when the 2021 SDG index ranked the country 107 out of 193 countries considered – pointing out the need for active private-sector involvement to change the narrative, given their role in the business environment.
“According to the United Nations Global Compact, the private sector accounts for 60 percent of the world’s GDP, 90 percent of employment and 80 percent of capital flows globally; thus, the private sector’s role in promoting sustainable development and achieving the SDGs cannot be underestimated,” he said.
He also acknowledged the public sector’s critical role in providing an enabling environment for the private sector to drive the agenda. “We cannot just leave it to the private sector in terms of achieving the SDGs; the public sector has an important role to play in areas such as macro-stability, address systems, financial inclusion through mobile money interoperability, digital payments, digital address systems and domestic revenue mobilisation, and this is what government is very much engaged in.
“Business leadership plays a pivotal role in achieving the SDGs, given the private sector’s role in fostering innovation, job creation and driving economic growth,” he added.
He further called on businesses to invest in clean energy, enhance working conditions, support education and healthcare access, and contribute to community development through skills-education.
The Ghana CEO Awards second edition was on the theme ‘The role of business leadership toward achieving the SDGs in Ghana’. The award scheme seeks to identify, honour and celebrate a cross-section of the nation’s most influential and accomplished CEOs.
The CEO of Globe Productions – the organiser, Latif Abubakar, said the awards are the ultimate platform for celebrating visionaries who have thrived against the odds and brought ideas into existence.
“To each CEO and organisation that has contributed and made an effort, we wish you well now and always. We urge you to take your efforts a notch further and support Africa’s biggest theatrical venture, The Second Coming of Nkrumah – which will come on from the (AICC) 12th to 17th December 2023. This is one of the spectacular activities brought to you by The African Festival,” he added.
Top winners included Founder and Managing Director-Zeepay, Andrew Takyi-Appiah who emerged as CEO of the Year, Private Sector; President-ECOWAS Bank for Investment and Development, George Agyekum Nana Donkor won CEO of the Year, Africa; with an international business consultant, Dr. Kenneth Kwaku, winning the Lifetime Achievement Award.
Managing Director-Graphic Communications Group Ltd. (GCGL), Ato Afful won the award for CEO of the Year Media, Print; Managing Director-OmniBSIC Bank, Daniel Asiedu, was named Personality of the Year, Private Sector; Founder of Aquarian Records, Rocky Dawuni, won CEO of the Year, Music Honour; Director-General-National Lottery Authority (NLA), Sammi Awuku, won CEO of the Year, Public Sector; and Chief Executive-National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, emerged as Personality of the Year, Public Sector.
Other winners included Chief Executive Officer-Ghana Chamber of Telecommunications, Dr. Kenneth Ashigbey who was named CEO of the Year, Chamber; Managing Director-Electricity Company of Ghana, Samuel Dubik Masubir Mahama, got the CEO of the Year, Power award; General Manager-Despite Group of Companies, Kennedy Osei, Young Achiever of the Year; and Director General-Ghana Broadcasting Corporation, Professor Amin Alhassan, won CEO of the Year, Electronic Media.
The event was attended by renowned dignitaries including Harriet Thompson, British High Commissioner to Ghana; H.R.M King Tackie Teiko Tsuru II, king of the Ga state; Mark Okraku-Mantey, deputy Minister of Tourism, Arts and Culture; Charles Abani, United Nations Resident Coordinator, Ghana; Javier Guitierrez, Spanish Ambassador to Ghana, and several other dignitaries.