Business

NLA Board Chairman hints of new reforms


The Board Chairman of the National Lottery Authority (NLA), Hon. Torgbui Nyonyo has hinted of plans to roll out new reforms  in the operations of the lotto business in the country with a view to protecting the public purse.

He said this will be done by  expanding the markets and also pursue the President’s vision of creating employment and mobilization of lottery funds for national development bearing in mind  the Law on causing financial loss to the state and  appealing for collaborative effort from staff of the NLA.

At a durbar to unveil the 7-member board to staff of the NLA, he observed that this is second time a Board has been introduced to staff after one was done in 2006 during the Kufuor-led government, underscoring the significance of this practice; stating that it is  a sign of respect to staff.

 Hon. Torgbui Nyonyo, told staff the current  Board is committed to ensuring the achievement of sustainable growth in the lotto business through the practice of good corporate governance.

The meeting held at the Breman Hall of the Authority was also meant to introduce the 4th Board of Directors to staff by Director-General of NLA Hon. Kofi Osei-Ameyaw. 

The 7-member board include; Mr. Philip Aning, Mrs. Adelaide Anno-Kumi, Mr. Henry Yentumi, Mrs. Helen Awo Ziwu, Hon, Kofi Osei-Ameyaw and Ms. Joana Frances Adda.

The Chairman announced that the Director-General had forwarded outstanding operational, administrative and welfare-related issues that needed urgent attention to the Board.  However, in order to make upright judgements and appropriate decisions, there was need for the 3-month old Board to have some orientation on the institutional background.  Hence, it has been going through files to be abreast with issues.

Torgbui Nyonyo added that from the records, staff did not meet their 2016 set targets, a critical determinant for either paying or not paying bonus.

 “Administratively, staff do not qualify to earn bonus, however, considering the fact that there was a success in operational excellence notably, an increase in revenue despite the challenging economic environment and unstable electricity supplies amongst others that affected businesses, the Board will approve and payment of 2016 bonus to staff will be done by end of October.” He revealed.

He was, however, quick to caution that the 2017 bonus will be paid only upon achievement of set targets.

A good working relationship and commitment to work is a powerful ingredient to corporate successes.  The Chairman, therefore encouraged management to get closer to staff through informal social activities.  He assured staff that the Board will interact with their counterparts in the other regions.

Source:mynewsgh.com


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