On behalf of the Acting Director-General of the Internal Audit Agency (IAA), Mr. Conrad Dumbah, the Acting Deputy Director-General (FASS) swore in the independent members of the Audit Committee of the Petroleum Hub Development Corporation on 10th August 2026. The Chief Executive Officer of the Corporation, Dr. Toni Aubynn, and other members of Management attended the brief ceremony.
Following the swearing-in ceremony, Mr. Anthony Baidoo, an IAA representative, was elected Chairperson of the Committee. In his acceptance speech, he thanked members for the confidence reposed in him and called for their support to ensure the Committee’s success throughout its tenure. He also assured Management that the Committee would work in partnership with the Corporation to support the effective execution of its mandate.
Delivering a speech on behalf of the Acting Director-General, Mr. Aborbi-Ayitey highlighted the composition and qualifications of the Committee members. He also outlined the functions and responsibilities of the Committee as prescribed by the Public Financial Management Act, 2016 (Act 921).
He urged the Committee to take seriously its statutory responsibility to ensure the implementation of audit recommendations contained in statutory reports. He further referenced the directive issued by the Deputy Chief of Staff on the submission of reports on the status of implementation of audit recommendations.
He also highlighted the submission of the Commitment Compliance Checklist Review Report (CCCRR) by public institutions authorised by the Minister for Finance.
In his closing remarks, Dr. Aubynn expressed appreciation to the Deputy Director-General for making time to inaugurate the Committee. He reaffirmed Management’s recognition of Internal Auditors as partners in promoting good governance and minimising infractions. He commended the previous Committee for its significant contributions in strengthening accountability and keeping Management focused on its responsibilities. He concluded by assuring the Committee of Management’s full support in the discharge of its mandate.