Charles Owusu Email & Phone Number

Ghana

Charles is responsible for delivering against the overall mandate of Petroleum Hub Development Corporation (PHDC) as established by Act of Parliament (Act 1053) and is supported by an experienced and accomplished team of professionals.On the 18 June, 2024, He led the team to negotiate and signed the Phase 1 agreement estimated at $12billion out of $60billion for the entire petroleum and petrochemical hub project in Jomoro in the Western Region of the Republic of Ghana for the development of refineries, petrochemical plants, storage tanks and Jetties with port infrastructure among others.

Ghana

Analysed, assessed and presented sustainable growth strategy in the energy sector in respect of reliable and affordable power, strengthen the balance sheet of the energy sector SOEs as well as reducing the NPLs within the banking sector due to the legacy debts in the energy sector. Design policies, procedures and controls to ensure these legacy debts within the energy sector are settled as well as building a resilient, vibrant and affordable power. Also, a strategy to revamp the domestic revenue mobilization in the area of people, technology and processes to build a robust and integrated Revenue Authority.• Coordinated the special purpose vehicle to initiate a 10-year ESLA Bond programme of GHS10billion.• Instrumental in delivering four consecutive Ghana Eurobond roadshows from 2018-2021 of US$2billion in 2018 and US$9 billion (US$3 billion each year respectively) as budget support and liability management.• Played a lead role in the BDCs and GoG Negotiation on US$1.43billion legacy debts from 2011 to 2015• Led a team to establish SMEs Credit Fund to fill the gap created due to the financial sector clean up.• Member of National Budget Statement Preparation Team from 2017 to 2021.• Coordinated the Ministry of Finance, COVID-19 National Response Team.• GHS1.2 billion Coronavirus Alleviation Programme [CAP] - led the set-up of GHS600 million (CAPBuSS) to support Micro, Small and Medium businesses during the COVID-19 pandemic to protect job losses and revise industry under the mandate of NBSSI with the overarching goal of ensuring that economic activity is sustained across Ghana.• Played key role in domestic revenue mobilization institutions reforms to build efficient and responsive revenue authority.• Tax Audit Transformation Advisor – GRA, set up a tax audit and quality assurance department to ensure audit excellence by introducing audit management solution, data analytics and revenue dashboard for prudent decision making by top management.

Ghana

Provided cross border tax advisory and compliance for multinational clients in the areaof petroleum, mining and energy sectors• Assisted multinational companies to substantiate that any of their inter-companytransactions if they occurred, have been priced in a manner consistent with the arm’slength principle as contained in the Ghana transfer pricing Regulations.• Worked on special projects including tax due diligence, tax health check, tax advisoryin connection with mergers and acquisitions and company formations and tax policy• Performed and review tax compliance in relation to client opportunities• Kept clients informed of tax developments that affects their business• Helped clients interpret and integrate tax considerations into their own strategy• Involved in dispute resolution and strategic planning, tax recovery issues, auditdefense issues, conduct tax research to assist in the implementation andinterpretation of tax laws as they affect clients• Became familiar with tax issues to aid in minimizing client's tax cost• Monitored tax legislation, regulations, rulings, etc. affecting tax compliance

Ghana

• Assess the strength and weakness of Blue Ocean Investments Limited’s financial position and advice• Perform a preliminary investigation on potential customers (risk profile, credit worthiness, history and prospects) and advice• Analyze monthly variance reports highlighting areas of concern for management consideration and action. • Maintain the cost and management accounts and generate reports for cost control and management decision making purposes.• Effective management of lubricants for commercial/industrial clients• Ensure effective and prudent stock control of lubricants and white products• On time under recovery computation, transmission, reconciliation and claims with NPA• On time submission of sales volumes for reconciliation to NPA• Follow up of NPA petroleum price publication and analyze and display on time NPA petroleum price variation• Daily follow up of all products(PMS,AGO,MGO, LPG) stocks per depots for weekly reports

Barrister At Law, Law

Bachelor Of Laws - Llb, Law

Certificate, Comparative Tax Policy And Administration

Professional Accountancy, Chartered Accountant

Master'S Degree, Msc. Energy Management (Petroleum Economics)

Activities and Societies: Stirling Football ClubModules: Energy Market & Policy, Environmental Economics, Energy & Resource Economics.

Bachelor'S Degree, Accounting

Activities and Societies: Financial Controller- Students' Representative Council(SRC)