“New SIC Insurance MD Locked Out as Predecessor Refuses to Hand Over”
Hollistar Duah-Yentumi, the former Managing Director of SIC Insurance Company Limited, has refused to hand over to James Agyenim-Boateng, the newly appointed Acting MD.
This refusal comes weeks after President John Dramani Mahama appointed Agyenim-Boateng to replace Duah-Yentumi, who was appointed by the previous NPP administration¹.
Duah-Yentumi’s refusal to hand over has been marked by dramatic gestures, including locking up the MD’s office and taking the keys with her. This has prevented Agyenim-Boateng from assuming his new role and has caused shock among the company’s staff².
The situation is all the more unusual given that Duah-Yentumi was herself appointed by a previous administration, and it is customary for outgoing CEOs to facilitate a smooth transition. Instead, Duah-Yentumi has failed to present handing-over notes, further delaying the transition process³.
Staff members have expressed their dismay at Duah-Yentumi’s actions, describing them as “a shame.” One anonymous staff member noted that the delay in the handover is having a negative impact on the company’s operations and urged Duah-Yentumi to hand over to Agyenim-Boateng immediately¹.
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