SIC Insurance PLC on Monday inaugurated its new Board of Directors at its Head Office, Nyemetei House, in Accra.

The newly-constituted Board is chaired by Mr. Bernard Ahiafor, MP for Akatsi South constituency and First Deputy Speaker of Parliament.  

The other members of the Board are Dr. Abena Nyarkoa Asomaning, Mr. Daniel Amasah Kotey, Major (rtd) Ben Donkor, Mr. David Theophilus Dominic Vondee, Member of Parliament for Twifo-Atii Morkwaa Constituency and Mr. Emmanuel Kofi Ntekuni, Member of Parliament for Pru West Constituency.

The new Board, composed of distinguished professionals with extensive experience in finance, insurance, public service and corporate governance, were sworn in by Her Ladyship Justice Afi Agbanu Kudonor of the High Court in Accra.

Their collective expertise is expected to steer SIC Insurance PLC towards reclaiming its market leadership and fostering sustained growth.

The new Board Chair, Mr. Ahiafor, speaking on behalf of the board, said he was humbled by their appointment and assured President John Dramani Mahama, shareholders and the people of Ghana of their highest commitment to ensuring that SIC Insurance PLC experiences growth in market share and profitability during the tenure of the new board.

The Acting Managing Director, Mr. James Agyenim-Boateng, was also formally appointed by the Board as the Managing Director.

Speaking during the ceremony, Mr Agyenim-Boateng said: "This transition marks an important step in SIC PLC’s journey to regain market leadership.