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Business News of Tuesday, 8 May 2012

Source: Daily Guide

SIC MD Dismissed

The Board of Directors of SIC Insurance Company Limited has dismissed Benjamin Acolatse, the Managing Director of the company. The board’s decision, which took effect from Thursday, May 3, 2012 was communicated in a circular sent to staff of the company.

Doris Awo Nkani, the current Deputy Managing Director, has been asked to assume office.

It assured all employees and stakeholders that it will continue to offer steady and progressive leadership for the smooth and proper function of the company.

“As the largest insurance company in Ghana and with the improving economic fortunes of the nation, the Board is confident that in working harmoniously together with all stakeholders, the company is well positioned to capture the emerging opportunities in the Ghanaian insurance industry for the mutual benefit of all stakeholders.”