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

Thomas replaced immediate past commissioner for Insurance/CEO, 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.

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

The appointments take immediate effect, according to a statement issued by Yunusa Tanko Abdullahi, media aide to the Minister of Finance, Budget and National Planning, Zainab Ahmed.

 

 

Onyinye Nwachukwu is the Abuja Bureau Chief of BusinessDay, overseeing coverage across Abuja and Northern Nigeria. With more than two decades of experience in economic and financial journalism, she reports on business, policy, and market trends, linking local developments to the global economy. A fellow of the International Monetary Fund (IMF) and recipient of the P. Vishwanathan Memorial Award for Excellence in Financial Journalism, she is known for her insightful storytelling and interviews with senior policymakers, diplomats, and business leaders. Well traveled and globally minded, Onyinye brings depth and international perspective to her reporting.

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