NAICOM deepens shareholder’s knowledge on recapitalisation

The National Insurance Commission (NAICOM) is set to host an interactive session with shareholders associations with interest in insurance companies.

The proposed meeting is part of ongoing recapitalization exercise in the insurance sector and the need to provide adequate information to all stakeholders.

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Acting Commissioner for Insurance Olorundare Sunday Thomas will be on hand to welcome delegates of the different shareholders associations to the session. The Director, Policy and Regulations, who is also Chairman of the Committee on Recapitalization in the Commission Pius Agboola will address the session to bring the shareholders up to date with the recapitalization roadmap.

The session is being scheduled to hold on Tuesday, October 29, 2019 at the Civic Centre, Victoria Island, Lagos at 10am. This is part of measures being taken by NAICOM to achieve a seamless recapitalization exercise to the benefit of all stakeholders.

Modestus Aneasoronye

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.