Buhari confirms Thomas as substantive NAICOM boss

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

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.

President Buhari appoints NAICOM, NDIC board members

Thomas, is said to have over three decades of experience in the industry as an operator and the 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.

Special Adviser, Media and Communications to the Minister of Finance, Budget and National Planning, Yunusa Tanko Abdullahi, announced the appointment in a statement made available to Daily Times.

Also, 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.