“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.

"New SIC Insurance MD Locked Out as Predecessor Refuses to Hand Over"
“New SIC Insurance MD Locked Out as Predecessor Refuses to Hand Over”

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.

"New SIC Insurance MD Locked Out as Predecessor Refuses to Hand Over"
“New SIC Insurance MD Locked Out as Predecessor Refuses to Hand Over”

Other stories

Related Posts

Bishop Obinim’s Claims Refuted by Anas Aremeyaw Anas

The Tiger Eye PI team has strongly denied allegations made by Bishop Kwadwo Obinim, founder of the International God’s Way Church, that he had spoken with investigative journalist Anas Aremeyaw…

Read more

Continue reading
NDC MP Denies $350 Million Cocaine Seizure Allegations: Blay Nyameke Armah Speaks Out

Blay Nyameke Armah, Member of Parliament for Sekondi, has strongly denied allegations linking him to a $350 million cocaine seizure. In an interview on Oyerepa TV, Armah stated that he…

Read more

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Akua Agyeiwaa Kodie’s New Chapter: A Respected Journalist Embarks on a Fresh Journey

  • By Gossip
  • April 18, 2025
  • 1 views
Akua Agyeiwaa Kodie’s New Chapter: A Respected Journalist Embarks on a Fresh Journey

Bishop Obinim’s Claims Refuted by Anas Aremeyaw Anas

  • By djfly
  • April 11, 2025
  • 7 views
Bishop Obinim’s Claims Refuted by Anas Aremeyaw Anas

NDC MP Denies $350 Million Cocaine Seizure Allegations: Blay Nyameke Armah Speaks Out

  • By Gossip
  • April 10, 2025
  • 9 views
NDC MP Denies $350 Million Cocaine Seizure Allegations: Blay Nyameke Armah Speaks Out

Saudi Arabia’s New Visa Policy: Which Countries Are Affected and Why

  • By Gossip
  • April 9, 2025
  • 60 views
Saudi Arabia’s New Visa Policy: Which Countries Are Affected and Why

Kumawood Star’s Luxury Watch Steals the Show

  • By Gossip
  • April 9, 2025
  • 11 views
Kumawood Star’s Luxury Watch Steals the Show

Vice President Opoku-Agyemang’s Medical Leave: What We Know So Far

  • By Gossip
  • April 9, 2025
  • 12 views
Vice President Opoku-Agyemang’s Medical Leave: What We Know So Far