Wednesday, August 29, 2018

Abdoulie Tambadou's record at GPA in figures

Just as we have done in the case of Muhammed Manjang, Managing Director of the Social Security Housing and Finance Corporation (SSHFC), encapsulating his one and half short tenure at the helm, we will try to do likewise for Abdoulie Tambadou, the Managing Director of Gambia Ports Authority until this morning when he was redeployed to the Gambia Public Procurement Agency.  His new position at GPPA or the name of his replacement at GPA were both unknown at the time of going to press.

Mr. Abdoulie Tambedou held the post of Managing Director of the Gambia Ports Authority from 7th March 2017 to 29th August 2018.  Prior to his stint, he served the GPA from Accounts Clerk in 1989 and rose through the ranks  to the position of Managing Director from April 2011 to August 2012.

In the intervening period, Mr. Tambedou served as Finance Analyst in the UNDP Gambia Country Office from March 2016 to March 2017 and Deputy Controller of Senegambia Beach Hotel from November to March 2016.  He also served as Financial Management Specialist as part of the Canada Pacific Consultancy Services Limited team in a World Bank Port Sector Reform Project at the Liberia Port Authority, Monrovia.

Mr. Tambadou graduated as a Member of the Chartered Accountants (ACCA) in 1994 and an Masters in Business Administration in Strategic Management and Finance from the University of Wales, Cardiff Business School in 1997. He graduated also from the Institute of Chartered Bankers of Nigeria in 2016 where he awarded the highest mark as the Best Student in Banking Law. Regulation and Corporate Governance.  Mr. Tambadou has also undergone various courses in Procurement, Strategy and Risk Management among others.  He is currently serving on the Boards of the GPA, Gamtel/GAmcel and the Gam Petroleum Storage Company Limited.

Like Muhammed Manjang who have since been sent on a one-month leave for returning the SSHFC into profitability, Abdoulie Tambadou record at GPA was even more phenomenal.  In 2015, GPA's registered a loss after tax of negative D805,000 from a pretax profit of D before tax was D38 million. In 2016, the profit before tax was  D53 million for an operating profit after tax of D13 million.   In 2017, profit before tax was D271 million and a profit after tax was D198 million.

Net cash flows in 2015 was D327 million, in 2016 the figure was D353 million and in 2017 the figure increased to D455 million.