The former Managing Director of SIC Insurance Company Limited, Hollistar Duah-Yentumi, has withdrawn her lawsuit against SIC PLC and Acting Managing Director, James Agyenim-Boateng.
This was reported by TV3GH on the social media platform X, formerly known as Twitter.
Duah-Yentumi filed the lawsuit on February 4, 2025, challenging the termination of her employment and the subsequent appointment of Agyenim-Boateng, which was announced by President John Dramani Mahama on January 27, 2025.
A lawyer by profession, Duah-Yentumi argued that her tenure as Managing Director was contractually secured for a period of four years, set to expire on January 1, 2028, unless otherwise determined by the Board of Directors.
