The Petroleum Commission has officially inaugurated its 5th Internal Audit Committee, with Director-General of the Internal Audit Agency, Mr. Conrad Dumbah, urging members to strengthen internal control systems and promote accountability, transparency and sound financial management.
The newly constituted committee was sworn into office during an official ceremony attended by key officials of the Petroleum Commission and representatives of relevant institutions.
Addressing the members, Mr. Dumbah charged the committee to build on the achievements of previous committees while ensuring that the Commission maintains effective internal audit practices and complies with established public financial management principles.
He emphasised the importance of strong internal controls, accountability and good governance in promoting institutional efficiency and safeguarding public resources.
According to him, the committee has an important responsibility to ensure that the Commission’s operations are guided by sound financial management practices and the highest standards of public sector accountability.
Speaking on behalf of the newly constituted committee, its Chairperson, Ms. Joyce Opoku, who represents the Institute of Chartered Accountants, Ghana (ICAG), expressed the members’ readiness to discharge the responsibilities entrusted to them.
She assured stakeholders of the committee’s commitment to fulfilling its mandate and contributing to the strengthening of internal audit and governance structures within the Petroleum Commission. Her remarks highlighted the committee’s determination to work towards ensuring effective oversight and promoting responsible institutional management.
Meanwhile, the Chief Executive Officer of the Petroleum Commission, Ms. Emeafa Hardcastle, reaffirmed management’s commitment to working closely with the committee to ensure the successful execution of its mandate.
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She assured the newly sworn-in members that the Commission would provide the necessary support and cooperation to enable them to perform their duties effectively.
Ms. Hardcastle further emphasised that the Petroleum Commission remains committed to upholding the highest standards of institutional accountability, transparency and operational efficiency.
She noted that maintaining these standards is essential to protecting the Commission’s image and reputation while strengthening public confidence in its operations.
The inauguration of the 5th Internal Audit Committee represents an important step in the Petroleum Commission’s efforts to reinforce its internal governance and accountability framework.
With the committee expected to provide oversight and support effective internal audit practices, its work will be crucial in promoting responsible financial management, transparency and compliance with public sector regulations.
The commitment expressed by the Internal Audit Agency, the committee’s leadership and the Petroleum Commission’s management signals a shared determination to strengthen institutional governance and ensure that the Commission continues to operate in accordance with established accountability standards.