The Public Interest and Accountability Committee (PIAC), the statutory body with oversight responsibility of the management and use of the country’s petroleum revenues, has elected Professor Kwame Adom-Frimpong as its new chairman.
Professor Adom-Frimpong, who represents the Institute of Chartered Accountants, Ghana (ICAG)
on the Committee, was elected in a unanimous decision by the Committee, drawn from 13
A statement from PIAC said he would steer the affairs of PIAC as Chairman for one year, having taken over from Mr Noble Wadzah, whose membership tenure on the Committee expired at the end of last year.
Commenting on his election as Chairman of PIAC, Professor Adom-Frimpong expressed gratitude to all Committee
Members for the confidence reposed in him and pledged his commitment to ensure that PIAC
delivered effectively on its mandate.
Prof. Adom-Frimpong is a graduate of the University of Wales, Bangor, UK and the
University of London.
He obtained his Doctorate degree in Business Administration (DBA-Finance
option) in 2001 from University for Professional Studies, Arcadia, USA and again had PhD in
Economics Finance from the same University in 2004.
Prof. Adom-Frimpong is currently the Managing Director of Mainstream Reinsurance Company
and a Partner of Adom Boafo & Associates, a firm of Chartered Accountants and Management
He worked with PricewaterhouseCoopers for five years as Audit Supervisor, five years with SSNIT as Head of Audit and ABC Brewery Company as Senior Cost and Management Accountant for four years.
Prof. Adom-Frimpong qualified as a Chartered Accountant in 1990, and is the immediate past
President of the Institute of Chartered of Accountants Ghana (ICAG).
He is a Fellow of both the Chartered Institute of Bankers (FCIB) and the Chartered Insurance Institute of Ghana (FCIIG).
He is also a Barrister-at-Law and a member of the Ghana Bar Association.
Professor Akosua K. Darkwah was also elected as the Vice Chairperson of PIAC, a position she
Prof. Darkwah is an Associate Professor of Sociology and current Head of Department of Sociology at the University of Ghana.