Bernard Ahiafor Chairs SIC Insurance PLC's New Board, Promises Growth

Jul 1, 2025 - 10:35
Bernard Ahiafor Chairs SIC Insurance PLC's New Board, Promises Growth

Accra, Ghana - 1 July, 2025 - SIC Insurance PLC has inaugurated its new Board of Directors, with Hon. Bernard Ahiafor, First Deputy Speaker of Parliament, taking the chair. The newly-constituted 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 other members of the Board include Dr. Abena Nyarkoa Asomaning, Mr. Daniel Amasah Kotey, Major (rtd) Ben Donkor, Hon. David Theophilus Dominic Vondee, Member of Parliament for Twifo-Atii Morkwaa Constituency, and Hon. Emmanuel Kofi Ntekuni, Member of Parliament for Pru West Constituency. The Board's collective expertise is expected to steer SIC Insurance PLC towards reclaiming its market leadership and fostering sustained growth.

In his remarks, the new Board Chair, Hon. Ahiafor, expressed his humility at being appointed and assured President John Dramani Mahama, shareholders, and the people of Ghana of the Board's commitment to ensuring SIC Insurance PLC's growth in market share and profitability during their tenure.

The Acting Managing Director, Mr. James Agyenim-Boateng, was also formally appointed as the Managing Director by the Board. Mr. Agyenim-Boateng noted that the transition marks an important step in SIC PLC's journey to regain market leadership, with the incoming Board bringing renewed vision and strong governance to further strengthen the company's performance.

''This transition marks an important step in SIC PLC’s journey to regain market leadership.''

''The incoming Board brings renewed vision and strong governance that will further strengthen our performance and ensure that we continue to serve the needs of our clients, shareholders, stakeholders and the nation at large".

Source: Lead News Online