President Nana Addo Dankwa Akufo-Addo has appointed Mr Stephen Asamoah-Boateng as the Chief Executive of the State Enterprises Commission (SEC).
He takes over from Dr Camynta Baezie.
Dr Camynta Baezie has been asked to hand over to Mr Asamoah-Boateng.
The SEC is charged with the sole responsibility of getting all state-owned enterprises (SoEs) to sign annual performance contracts.
The Secretariat was tasked to promote within the framework of Government policy, the efficient and profitable operation of Statutory Corporations engaged in trade and industry.
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The new Chief Executive would be charged with the responsibility of holding the chief executives of all SoEs to deliver on their contracts.
The State-Owned Enterprises (SOE) sector was to create a monitoring outfit to exercise general supervision of operations with the view to advising government on appropriate measures to take to ensure efficient management and profitability within the SOE sector.