The Managing Director of the Tema Oil Refinery, TOR, Isaac Osei, is set to resign from the company effective January 2020, according to sources close to the company.

He is said to have announced his decision at a staff gathering to end the year 2019.

Although the reasons for his departure are not immediately known, Citi Business News sources say he is proceeding on retirement.

He will turn 69 in March 2020.

Mr. Osei, who is also former Member of Parliament for Subin Constituency in the Ashanti Region, was once the Chief Executive Officer of the Ghana Cocoa Board.

Source: Citinewsroom.com