The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has resigned from his position after two years in charge of the country’s main electricity distributor.
According to sources, Mr. Mahama submitted his resignation letter to the ECG board, citing personal reasons for his decision.
He expressed gratitude to the board for the opportunities and support during his tenure.
His resignation notice includes a two-week transition period before his departure.
Despite citing personal reasons, sources reveal underlying tensions between Mr. Mahama and the ECG board, particularly regarding the company’s management and digitalization efforts.
Notably, Vice President Dr. Mahamudu Bawumia had earlier pointed out that certain individuals within ECG were deliberately obstructing government-led initiatives to modernize revenue collection processes.
Furthermore, issues with ECG’s prepaid meter billing system, which has seen customers experience negative balances despite using prepaid meters, reportedly added to the friction between Mahama and the board.
The challenges have spurred initiatives to upgrade systems and replace meters for affected customers.
During his time at ECG, Mahama oversaw significant developments, including a major debt retrieval campaign in 2023, which recovered over GH¢2 billion in a month.
However, the company’s financial challenges worsened under his leadership, with ECG recording a loss of GH¢10.21 billion in 2022, a sharp increase from the previous year.
In the midst of these difficulties, Mr. Mahama had spoken candidly about the pressures of leading the power distribution company, joking in 2024 that he avoided public events due to the scrutiny he faced whenever power outages occurred.
