Accra: SIC Insurance PLC has inaugurated its new board of directors to provide oversight, guidance, and direction to the firm. The newly constituted board is chaired by Mr. Bernard Ahiafor, a National Democratic Congress (NDC) Member of Parliament for Akatsi South and First Deputy Speaker of Parliament.
According to Ghana News Agency, the board's formation was announced in a statement issued by the Corporate Affairs Department of SIC Insurance PLC. The statement named the other members of the board as Dr. Abena Nyarkoa Asomaning, Mr. Daniel Amasah Kotey, Major (rtd.) Ben Donkor, Mr. David Theophilus Dominic Vondee, also an NDC MP for Twifo-Atii Morkwaa, and Mr. Emmanuel Kofi Ntekuni, NDC MP for Pru West. The new board, composed of distinguished professionals with extensive experience in finance, insurance, public service, and corporate governance, was sworn in by Her Ladyship Justice Afi Agbanu Kudonor of the High Court in Accra.
The statement emphasized the board's mission, noting that their collective expertise is expected to steer SIC Insurance PLC towards reclaiming its market leadership and fostering sustained growth. Mr. Ahiafor, the new board Chair, conveyed the board's commitment to President John Dramani Mahama, shareholders, and the people of Ghana, promising growth in market share and profitability during their tenure.
Furthermore, the statement announced the formal appointment of Mr. James Agyenim-Boateng as the Managing Director by the board. During the ceremony, Mr. Agyenim-Boateng remarked on the significance of this transition, stating that it marks an important step in SIC PLC's journey to regain market leadership. He expressed confidence that the incoming board's renewed vision and strong governance will enhance performance and ensure the company continues to serve the needs of clients, shareholders, stakeholders, and the nation.
