I Am Still The CEO – Frances Essiam Rubbishes Suspension Claims

Embattled Chief Executive Officer of the Ghana Cylinder Manufacturing Company Limited (GCMCL), Frances Essiam says she has not been served with any suspension letter by the Board of the company as purported.

She was emphatic that, her position is still intact as far as she is concerned.

“I am still the substantive CEO and I am at work…that is all I can say for now,” Essiam told Journalists at the premises of the company Wednesday morning.

Her comment comes after workers of the GCMCL on Wednesday protested against her removal after she was accused of financial malpractices and authorizing illegal contracts.

They argued that, Essiam has turned the fortunes of the Company around since she was appointed CEO last year.

“We are protesting because of the information we are picking that our CEO, Frances Essiam has been suspended. We received a letter from state enterprising commission saying contrary. According to the letter, the chairman of state enterprising commission is investigating what the board chairman has said”

Frances Essiam was asked to step aside by the board of GCMCL - In a statement Tuesday after a meeting at the Robin Hood Hotel on the Spintex road, the board decided that all contracts entered into by Madam Essiam have also been put on hold pending investigations.

Meanwhile, the board has appointed the Technical Director of the company, Mr. Ezekiel Mensah to act in the absence of Madam Essiam.

Mr. Mensah, however, does not have the power to take “major administrative decisions such as promotion, termination of appointment, dismissal or engagement of new employees without the consent of the Board” portion of the statement read.