Ghana Water Ltd (GWL) has inaugurated a new Audit Committee in compliance with the Public Financial Management (PFM) Act, 2016 (Act 921).
The five-member committee, chaired by governance and financial expert Hon. Gladys Gillian Naadu Tetteh, is tasked with enhancing internal controls, ensuring regulatory compliance, and advising management on risk.
Speaking at the inauguration, GWL’s Managing Director, Mr. Adam Mutawakilu, emphasized the committee’s crucial role in fostering transparency and accountability. He reiterated President John Mahama’s call for public servants to uphold ethical leadership and announced plans to introduce a Code of Conduct for individuals in positions of trust.
“The President’s renewed emphasis on transparency and accountability sets a clear tone for all public institutions. At Ghana Water Ltd, we are committed to strengthening our internal control systems and ensuring our operations meet the highest standards of integrity,” Mr. Mutawakilu stated.
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The committee will work closely with management and internal audit units to implement audit recommendations and strengthen the company’s risk management framework. Dr. Eric Oduro Osae, Director-General of the Internal Audit Agency, administered the official induction and charged the committee to provide proactive oversight and submit the 2024 Audit Committee Report by June.
“You are not whistleblowers but support structures to guide management and prevent issues before they arise,” Dr. Osae remarked, urging members to actively engage with external auditors and align their work with upcoming government policy directives for State-Owned Enterprises (SOEs).
In her inaugural address, Madam Tetteh commended GWL for maintaining a clean financial record and pledged to uphold the organization’s integrity through collaborative engagement with management and stakeholders.
