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President Muhammadu Buhari has approved the appointment of Mr. Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM).

President Muhammadu Buhari has approved the appointment of Mr. Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM).

According to the Special Adviser, Media, and Communications, to the Honourable Minister of Finance, Budget and National Planning, Yunusa Tanko Abdullahi, the appointment takes effect from 2nd May 2020.

It will be recalled that Thomas replaced immediate past Commissioner for Insurance/CEO, Mallam Mohammed Kari, as Acting Commissioner for Insurance/CEO of the National Insurance Commission (NAICOM) in July 2019.

Thomas, who has over three decades of experience in the industry as an operator and regulator, was appointed Deputy Commissioner in charge of technical matters by President Buhari in April 2017.

He was formerly Director-General (DG) of the Nigerian Insurers Association (NIA) in 2010.

The President also approved the appointments of two board members for Nigeria Deposit Insurance Corporation (NDIC), Mrs. Ya’ana Talib Yaro as the Non-Executive Director representing the North East, and Mrs. Diana O. Okonta as Non Executive Director, to fill the slot for the South South.

             Vanguard News Nigeria Reports

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