Insurance World

Finally President Buhari Confirms Thomas As Commissioner For Insurance/CEO

BY NKECHI NAECHE-ESEZOBOR-President Muhammadu Buhari has approved the appointment of Mr. Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM).
It will be recalled that Mr. Thomas replaced immediate past commissioner for Insurance/CEO, Mallam Mohammed Kari, as Acting Commissioner for insurance/CEO of the National Insurance Commission 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.
The appointments take immediate effect.

Yunusa Tanko Abdullahi
Special Adviser, Media and Communications
To the Honourable Minister of Finance, Budget and National Planning
2nd May, 2020

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