Vivo Energy
Vivo Energy
Vivo Energy Ghana Limited?the company that Changed name from Shell Ghana Limited has held its first? Annual General Meeting at which the Bank?s 2013 financial results was presented to its Shareholders. The result which was approved last month by the Central Bank of Ghana and released to the Ghana Stock Exchange reported a Profit Before Tax of Gh18.015 million.
Vivo Energy
Vivo Energy
According to information from Vivo Energy Ghana Limited, the Meeting held on Monday June 9th, 2014 at the auditorium of the Ghana physicians and Surgeons, North Ridge Accra. The Meeting?s agenda included the receipt of the audited financial statement for 2013, declaration of dividend, election of members of the audit committee as well as authorization of Directors to fix the remuneration of Auditors. Additionally, Mr Frederick Osoro? was?presented to shareholders?as the? newly appointed managing Director of Vivo Energy Ghana and was presented to shareholders after taking? over from Mr .Vincent Richter, who now is the executive director? of Vivo Energy Ghana Limited.
Mr Benard Le Goff was also appointed a Director and elected chairman of the board.
Mrs. Osoro the newly? appointed? managing director? of Vivo Energy Ghana Limited was appointed in 1st August 2013 . He holds a Master of Science Degree in Chemistry and Business from the university of Nairobi and? Cape town? university
Speaking at the Annual General Meeting, the Managing Director of Vivo Energy Ghana Limited;? said, ?At the onset of the 2013 Financial Year, our commitment was to continue our business in a manner that would be beneficial to all our stakeholders. This we planned to do by paying critical attention to service delivery, instituting innovative alternative channels that would enhance our customer experiences, expand our share of available business opportunities and grow our regional footprint in Africa. On all these fronts, we made appreciable progress, despite competitors offering basically the same services and the peculiarities of our operating environment. Whilst the executive Director of Finance Vincent Richter made known to shareholders that shareholder? will now receive a dividend pay-out of Gh1.705? per share, an increase of 44% over the Gh1.183 paid last year
Vivo Energy Ghana Limited finally transitioned? on August 1st 2013 with heightened anticipation and good feeling by staff to join other 15 countries that has transitioned over the past two years ,.
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