A new Board of Directors has been inaugurated for SIC Financial Services Limited, with a mandate to restore public trust and confidence in the institution following recent challenges in Ghana’s financial sector.

The Deputy Minister for Finance, Thomas Nyarko Ampem, swore in the new board on Friday, August 30, urging them to work diligently to position the company as a competitive force in the industry.

During the swearing-in ceremony, the deputy minister emphasised the crucial timing of the inauguration, highlighting the need for strong leadership to navigate the post-turbulence financial landscape.

He tasked the board with not only rebuilding trust but also ensuring the company’s sustained growth and competitiveness.

The newly appointed Board Chairman, Mr. Jonathan Mawuli Dzaisu, assured the Deputy Minister of the board's commitment to its duties.

He pledged that the new leadership would work diligently to ensure the "growth and development of the company."

The newly inaugurated board comprises a mix of experienced professionals and representatives from its parent companies. The members are:

• Mr. Jonathan Mawuli Dzaisu (Chairperson)
• Dr. Sa-ad Iddrisu, Ph.D (Managing Director)
• Mr. James Agyenim-Boateng (Managing Director, SIC Insurance Plc.)
• Mr. Solomon Twum Barima (Managing Director, SIC Life Insurance Company Ltd.)
• Ms. Sakina Oforiwa (SIC Insurance Plc Representative)
• Mr. John Yamptep (SIC Insurance Plc Representative)
• Mr. Buadi Barachel (Independent Director)

The inauguration marks a significant step for SIC Financial Services as it seeks to strengthen its governance structure and enhance its market presence in Ghana’s evolving financial sector.