Yaw Osafo-Maafo officially bows out from active politics
Senior Minister, Yaw Osafo-Maafo has officially bow out from active politics after several years of serving the country and working under the first term administration of President Nana Addo Dankwa Akufo-Addo as senior minister.
According to him, his resignation will give him ample time to check his health and to have quality time with his family.
Mr Osafo-Maafo communicated his decision to President Akufo-Addo after the Electoral Commission declared the New Patriotic Party (NPP) as winner of the December 7 elections.
He was considered as one of the heaviest political brain boxes around and his contributions to the Akufo-Addo-led government from 2017-2020, was immense although not sufficiently celebrated.
His role as Senior Minister
The Senior Minister’s role was first introduced into the country’s political landscape by President John Agyekum Kufuor in 2001.
He subsequently appointed J. H. Mensah, as his Senior Minister.
President Akufo-Addo continued with the Kufuor tradition and appointed Osafo-Marfo, as his Senior Minister when he assumed office on January 7, 2017.
Private and political career
Mr Osafo-Maafo has had an exemplary career as a banker, consultant, politician and a statesman.
He started his career as an engineer at the Volta Aluminum Company (VALCO) and went on to head it and successfully restructured two major development banks: The Bank for Housing and Construction and The National Investment Bank.
He was also a consultant for international development organisations, including the World Bank and UNDP.
Mr Osafo-Maafo was previously the Minister of Finance and Economic Planning in the John Kufuor administration (2001-2005) and received several awards for his achievements.
This was followed by his tenure as Minister for Education and Sports from 2005 to 2006.
Prior to his resignation, he served on the boards of various financial institutions and corporate bodies, and was the past Vice-President of the Executive Committee of the West African Bankers Association.
Major projects and programmes
During his tenure as Senior Minister, Mr Osafo-Maafo in 2017 supervised the preparation of the National Public Sector Reform Strategy (NPSRS), which is to be implemented between 2018-2023.
Under guidance and direction of the Senior Minister the National Public Sector Reform Strategy (NPSRS), 2017-2027 was reviewed to 104 paged National Public Sector Reform Strategy (NPSRS) 2018 – 2023, with the theme: “Delivering for Citizens and the Private Sector,” received Executive and Cabinet approvals in January 2018 and a Presidential Launch on August 8, 2018.
Other programmes undertaken by the Senior Minister’s office in 2017 include Public Sector Reforms for Results Project (PSRRP), 2019 – 2024, Implementation of ITLOS, Investigation into Financial Crimes and Realignment of TVET Institutions.
On the realignment of TVET, a Committee under the chairmanship of the Senior Minister was tasked by President Akufo-Addo to oversee its implementation. Akufo-Addo’s Cabinet at its 22 meeting on December 6, 2017, approved recommendation by Senior Minister and endorsed his five-year TVET Realignment Strategy by the Ministry of Education for 283 TVET Institutions across 19 ministries to ensure harmonisation, standardisation, equitable funding and improved regulation under the Ministry of Education.
In his second year in office (2018), the Senior Minister’s office tackled the Ghana Beyond Aid Agenda of the Akufo-Addo government.
He also dealt with Property Rating Reforms, and the Development of Automobile Policy.
The Energy Sector Recovery Programme (ESRP), UNIPASS/ICUMS – Port Reforms, Development of a Framework for Value for Money Resolution of various Labour related challenges dominated some of the major policies the Senior Minister worked on in 2019.
The Nationwide Coordination of the Re-opening of Schools and Educational Institutions after they were closed down as a result of the novel coronavirus disease (COVID-19) Pandemic was the main project that the Senior Minister, Osafo-Marfo supervised in 2020, his last year in office.