Generally, Boards of companies and corporations are supposed to help management run the entities, so, when Boards attempts to do otherwise there always become problem.
It is against this background that the general staff of the State Insurance Company (SIC) is up in arms against its Board, for unnecessarily interfering in the activities of management; and warns that it distances itself from the recent transfer exercise management has undertaken.
Though, pleading anonymity, some of aggrieved workers, who spoke to The Informer, have accused the Max Cobina-led Board, of the current chaotic situation that has rocked the company, following its decision to overturn management policy.
According to them, instead of the supervisory role expected of the Board, it has decided to be directly involved in the day-to-day affairs of the company, when they are fully aware that, they have no such mandate.
“My Brother, this interference by our board has reached its crescendo such as some of us can no longer tolerate since the board has made it its stock-in-trade to kick against any decision of management”; they pointed out.
The angry workers said, they find it totally offensive on the part of the board in its decision to meddle in the recent transfer exercise that management undertook, when this was done in the best interest and in conformity with the laid-down rules and regulations of the company.
“No employee of SIC has the power to decide where he/she will work and we are completely at a lost, as to why the board is mounting an intense pressure on the Managing Director (MD), Mr. Benjamin Acolatse, and for that matter, the entire management to rescind its decision and reverse the recent transfer exercise carried out”, they demand.
“To us, since there is no breach of the law by management in this recent exercise, as far as this transfers are concerned; and so, therefore, do not understand why the Board is insisting that the decision be reversed”, they argued.
“What the board sought to do is completely against modern corporate policy, unless they are doing so to favour somebody, who has been affected by the exercise”, they opined
“What the board has forgotten is that, they will not be held liable if the company fails to meet its expected target, and that is why they must put a stop to the unnecessary interference in management affairs, and not succumb to the demands of the few unscrupulous ones who think the SIC Insurance Company is their family property”, they warned the board.
“In fact, we are using this medium to sound a word of caution to Mr. Max Cobina and his team, to stop meddling unreasonably, in the affairs of management or else face our wrath”, they threatened.
“We are, therefore, humbly appealing to the President to call Mr. Cobina and his members to order, so as not to create unnecessary tension among the rank and file of the company, and to give management peace of mind to work”, they conclude.
However, when this paper contacted the Board Chairman, Mr. Max Cobina and Managing Director, Mr. Benjamin Acolatse about the concerns raised by workers, they both declined to comment.