The Deputy Minister for Finance, Thomas Ampem Nyarko, recently inaugurated a nine-member Board of Directors of SIC Life Insurance Company Limited in Accra. During the inauguration, he emphasized the government’s commitment to strengthening state-owned enterprises and directing public and government business to these institutions whenever possible. This directive is part of a broader national strategy to help state-owned companies regain their competitiveness and contribute to economic development.
The newly appointed Board Chairman, Hon. Peter Lanchene Toobu, MP, assured that the board will work as a unified team in alignment with the government’s reset agenda. He pledged that within a year, the company will show visible signs of revival. The new Board of Directors of SIC Life Insurance Company Limited includes notable individuals such as Mr. Solomon Twum Barima, Nana Kwasi Ofori Ababio, and Ms. Della Adjoa Sowah, among others.
The inauguration ceremony was a significant step towards repositioning SIC Life Insurance as a competitive state-owned enterprise. The government’s focus on strengthening and revitalizing state-owned companies highlights the importance of these institutions in driving economic growth and development.
Overall, the inauguration of the new Board of Directors of SIC Life Insurance Company Limited marks a positive step towards enhancing the company’s performance and relevance in the insurance industry. With strong leadership, innovation, and efficiency, the board is poised to lead SIC Life Insurance towards a path of sustainable growth and success.
