The Ghana Insurers Association(GIA), the trade association of all insurance and reinsurance companies in Ghana has elected Aretha Duku as its President.
Madam Duku becomes the first female to be elected as President of the professional body which was inaugurated in 1988.
She is currently the Managing Director of the Ghana Union Assurance Company Limited, having previously served as deputy Managing Director for twelve years.
She is also a member of the Board of Prudential Bank Limited, a member of the Board of Adehyeman Savings and Loans, board member of CDH Securities and an Executive Member of the ECOWAS Brown Card Insurance Scheme.
Speaking at her investiture, Madam Duku promised to work with other executives to promote the interest of insurers and policyholders.
“Under my tenure, the Board and I will continue efforts to get the buy-in of all our members on Pricing Regulations as I believe it is in the right direction for us as practitioners as it will help us achieve healthy growth, also translate into meeting our claims obligations and earn us the integrity from the public”, she said.
She also added that under her tenure she will ensure the construction of a forensic laboratory to scientifically assess all claims.
“During my tenure I would like to see the first construction of a forensic lab to enable us sieve legitimate claims off illegitimate ones at they create a hole in our books. We are in business to pay claims but legitimate claims. This facility will enhance our processes and help safeguard shareholders’ assets at the same time leaving the legitimate claimant with all smiles”, she added.
By: Franklin Badu/citibusinessnews.com/Ghana