Former Managing Director of the Precious Minerals Marketing Company (PMMC), Nana Akwasi Awuah, has underscored his leadership role in the company’s remarkable turnaround, following its multiple honours at the 2024 Public Enterprise League Table (PELT) Awards organised by the State Interests and Governance Authority (SIGA).

In a statement issued in Accra on March 20, Mr Awuah said the recognition of PMMC—now operating as GoldBod—as Overall Best Specified Entity, State-Owned Enterprise of the Year, and Most Profitable State-Owned Enterprise reflects the reforms implemented during his tenure.

He described the company’s transformation as a journey “from debt to dominance,” noting that it was in severe financial distress when he took office.

“We inherited a loss-making, debt-ridden company that struggled to pay staff salaries and had years of outstanding statutory obligations,” he said.

According to him, decisive leadership and strategic reforms helped reverse the company’s fortunes, resulting in profitability by the end of 2024.

“I feel honoured and proud to have led a team that worked tirelessly to revive a near-moribund company,” he added, stressing that the awards affirm the success of those interventions.

Mr Awuah also highlighted the importance of continuous engagement with SIGA and responsiveness to performance evaluations in driving the turnaround.

He expressed confidence that the board, management, and staff will sustain the progress, adding that the awards should inspire further growth based on the foundation laid during his leadership.