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PR. 318/2013-SIC-RESIGNATION AND APPOINTMENT OF DIRECTORS

SIC announces the resignation of the following Directors from the Board of the company effective 14th November, 2013.
i Mr. Max Cobbina
ii Dr. Anaab-Bisi
iii Mrs. Yvonne Osei-Tutu
iv Mr. Kwame Awuah-Darko
 
The company also announces the appointment of the following Directors to the Board of SIC effective 14th November, 2013 to replace the out-going directors.
i Mrs. Felicity Acquah – New Chairperson
ii Mr. Fiifi Gyabra-Forson
iii Ms. Nancy Dakwa Ampofo
iv Mr. Robert Afflah Sackey
 
PROFILE OF NEW DIRECTORS
 
1.     Mrs. Felicity Acquah – Chairperson
Felicity Acquah holds an Executive Masters degree in Business Administration; MBA (Finance), a BA in Economics and Law and a Postgraduate diploma in Project Appraisal and Management. She is also a certified trainer in Entrepreneurship and a Certified Business Development Advisor. She is a Project Analyst and Development Advisor. She is a Project Analyst and Development Banker by profession.
 
With over 30 years of banking and business development experience, she has served in senior positions in the Agricultural Development Bank, National Investment Bank, Merchant Bank and Women’s World Banking. She served as Managing Director of Eximguaranty Company (GH) Limited, a Finance House for 10 years.
 
She was also a pioneer in establishing an Entrepreneurship and Business Development Institution (Empretec Ghana Foundation) initially sponsored by UNCTC; UNDP; DFID, World Bank. She served with Empretec Ghana for eight years and assisted in installing Empretec programmes in Botswana, Zimbabwe, South Africa and Sierra Leone.
 
She pioneered and led the implementation of the Relationship Management Workshop for Bankers between 1995 and 1997 for the benefit of the Agricultural Development Bank, Merchant Bank Ghana Limited and Barclays Bank.
 
She won meritorious awards on the celebration of Empretec Ghana Foundation’s 10th Anniversary. Ghana association of Women Entrepreneurs accorded her two awards for her contribution to business development in the country, having led the conduct of over 30 Entrepreneurship Workshops and over 40 Management Seminars for SMEs in Ashanti; Greater Accra; Western and Northern Regions. She won an African Leadership Award in 2005.
 
She was adjudged the Marketing Woman of the year 2006 by the Chartered Institute of Marketing Ghana and is a fellow of the Chartered Institute of Bankers.
 
She was accorded the Ghana Women’s Excellence Award through the Ministry of Women and Children’s Affairs in April 2012. An International NGO, GWIN awarded her a medal and certificate at the innovative Women in Business; Workplace and Leadership Awards ceremony in April 2012.
 
She had previously served on the Boards of : Food Research Institute; Gold Coast Securities; Metropolitan and Allied Bank; National Board for Small Scale Industries; Women’s World Banking; Empretec Ghana Foundation; Ghana Education Trust Fund (GETFund); Ghana Social Marketing Foundation (GSMF); the Chartered Institute of Bankers, the Association of African Development Finance Institutions (AADFI) the Guarantee Committee of the Guarantee Fund for West Africa (GARI) and Eximguranty Company (GH) Limited. She is currently serving on the Boards of the Catholic Institute of Business and Technology (CIBT, and is the Vice President of the Business Council of Africa (Ghana). She is a patron of FIDA (Ghana) and a patron of Empretec Women’s Forum (Accra Chapter).
 
2.     Ms Nancy Dakwa Ampofo
She is a Lawyer of 31 years standing at the Ghana Bar. She is also a Notary Public. She previously worked with Addae Twum and Company, Redco Limited and R. Kocuvie Tay and Co.
 
In the year 2000, Ms Ampofo established her own Legal Firm, N.D. Ampofo Associates based on the record of accomplishment and expertise garnered over nearly two decades. She offers legal consultancy services to both local and international clients in all areas of law. She has experience in Law of Contract, Commerce, Finance and Investment, Corporate and Commercial Law, Property Law and Real Estate, Construction law, employment and industrial Relations and Information Technology and Communications law. She also has expertise in Land Law, land tenure system and land registration.
 
She is currently the National Treasurer of the Ghana Bar Association and serves on the boards of the Legal Service and Agricultural Development Bank.
 
She holds a B.A combined Degree in Law (with Political Science) from the University of Ghana. She obtained her Professional Law qualifying certificate in 1981 from the Ghana School of Law. She was called to the Ghana Bar on 20th November 1981.
 
3.     Mr Fiifi Gyabra – Forson
He has expertise in Strategic and Tactical Analysis, Petroleum and Commodity Trading and Sports Administration.
 
Mr Forson has previously worked as a Business Development Strategist with R.S Amegashie and Partners and Courair Ghana Limited. He later moved into the petroleum sector taking appointment with Bunker Trade and Transportation Services Limited, Hydrocarbon Industries limited in the United Kingdom, and Modern Petroleum Limited (Ghana). He also served as Technical Consultant in Project Development and Financing with International Bi-Lateral Trade Council where he was responsible for DR Congo, Guinea, Niger and Liberia.
 
As a Sports enthusiast, he is a Management Member of Accra Hearts of Oak, Member of Ghana Football Association Marketing and Sponsorship Committee as well as the Manager of Hearts News.
 
He is currently the CEO and majority shareholder of Wodjoynts Limited, a wood joinery company.
 
He graduated from the University of Ghana with a Bachelor of Arts Degree in Economics.
 
4.     Mr Robert Afflah Sackey
He has over twenty-six (26) years experience in insurance, a career he started with the Social Security and National Insurance Trust (SSNIT) during his national service days in 1995. Due to his passion and interest in the subject, he quickly rose through the ranks and is currently the Insurance Manager, a position he has held since 1997.
 
Mr. Sackey is an Associate of the Chartered Insurance Institute (ACII), UK and a qualified lawyer   called to the Ghana Bar in 1999.
 
He graduated from the University of Ghana with a Bachelor of Arts Degree in Sociology and Political Science.
 
 
Issued in Accra, this 28th          
day of November, 2013