ZEN Petroleum names Frank Adu as Board Chair from 2026
Appointment signals continuity and focus on governance as the company enters its next growth phase.
ZEN Petroleum has appointed Frank Adu as its new Board Chair, effective January 1, 2026, succeeding Tutu Agyare, who steps down after nine years in the role.
Adu brings decades of executive and board-level experience, primarily from the financial services sector. He served for 20 years as Managing Director of CAL Bank PLC, where he led a period of sustained growth and institutional transformation. He currently chairs Ghana’s National Investment Bank and holds or has held board roles across corporate and not-for-profit organisations spanning finance, insurance, education, and capital markets.
ZEN Petroleum said the appointment supports continuity while strengthening its governance framework as the company advances its strategic priorities across retail, mining, and fuel-infrastructure operations.
“Frank’s extensive experience, proven leadership, and governance expertise align strongly with ZEN Petroleum’s values and long-term vision,” said William Tewiah, Managing Director of ZEN Petroleum.
Adu is also active in education and civic leadership, including roles with The Roman Ridge School and the African University of Communications and Business. As Board Chair, he will work with management to support operational excellence, safety leadership, and sustainable value creation.
The company acknowledged outgoing Chair Tutu Agyare for his contribution to the business, citing progress in governance, growth, and community impact during his tenure.
