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James Agyenim-Boateng receives handing over notes as new Acting MD Of SIC Insurance Plc

Citi NewsroombyCiti Newsroom
February 12, 2025
Reading Time: 2 mins read
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The newly appointed Acting Managing Director of SIC Insurance PLC, Mr. James Agyenim-Boateng, officially received handing over notes from the outgoing Managing Director, Ms. Hollistar Duah-Yentumi, at a short ceremony held at the company’s Head Office, Nyemitei House in Accra.

Ms. Hollistar Duah-Yentumi expressed her appreciation to all members of staff for the support given her during her tenure as Managing Director and asked for the same goodwill to be extended to the new acting Managing Director.

“I wish to express my extreme gratitude to all of you who assisted me with your technical expertise and I am proud of the work we have done together as a team because there could be no me without you”, she said.

After an exchange of pleasantries, Mr. Agyenim-Boateng, in his first message to senior management said he was joining the company with a commitment to support and grow its fortunes, pointing out that he will work hard to prioritise the interest of members of staff, operational excellence and strong corporate governance and transparency.

“We will solidify SIC’s brand and reputation by improving performance, profitability and value creation for our shareholders”, Mr Agyenim-Boateng said and encouraged all members of staff to look to the future with optimism.

“I am here to leverage on the great talent we have in-house to ensure that SIC Insurance PLC out-performs its previous benchmarks. Given the depth of our internal technical talent, I have no doubt that with the support of government and our leverage of useful networks, we will restore SIC Insurance PLC to its rightful place as the leader of the industry.”

Mr Agyenim-Boateng thanked Ms. Duah-Yentumi for her hard work and acknowledged the invaluable role of all previous Managing Directors of SIC Insurance PLC.

Mr. Agyenim-Boateng identified his three areas of priority, namely, developing and leveraging on the company’s human capital, driving operational excellence and ensuring strong corporate governance, which would enable the company to deliver greater value to all stakeholders.

SIC Insurance PLC, the oldest insurance company in Ghana, is strong, stable and ready for the future.


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Tags: Ghana NewsHollistar Duah-YentumiJames Agyenim-BoatengSIC
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