Major shakeup coming for GuySuCo management – Dr Ramsammy

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Amid calls for investigation into the finances at the troubled Guyana Sugar Corporation (GuySuCo), Agriculture Minister Dr Leslie Ramsammy last week Thursday said the government has for some time now, taken the position that changes would be made to the board.
The minister, according to a Government Information Agency (GINA) release, said President Donald Ramotar and Cabinet have been reviewing the composition of the board and the everyday management, and have agreed that there is need to make some adjustments to both the board and the management team.
“This is not because the AFC and Mr Ramjattan want it, it is not because APNU demands it, it is because as good stewards of an industry, we see that the industry has some difficulties at this time and, we believe that a review of both the board and the everyday management is necessary,” Minister Ramsammy said.
According to Minister Ramsammy, one of the potential changes could be the highest level of management, as Cabinet is examining the appointment of a new chief executive officer (CEO) for the sugar company.
“Mr Paul Bhim has tried his best, but Mr Paul Bhim was just acting in that position.” This does not mean that Bhim will be fired, Minister Ramsammy said. “We are considering all the changes we need to make, but I do not think that it would be responsible for people to think that the entire management and the entire board would go,” he said.
Finance Minister Dr Ashni Singh, during the 2013 national budget presentation, had announced that the government will be seeking to address the constraints affecting the performance of the sugar company, with the establishment of a three-year (2013-2016) strategic plan that is projected to cost GuySuCo Gy$ 3.1 billion in 2013 to advance the implementation of critical re- capitalisation aspects.
The plan will support the mechanisation and field conversion drive, and focus particularly on critical areas. Minister Singh had also announced that GuySuCo will have to re-engineer its management and human relations functions accordingly.

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