President Bola Tinubu has approved the appointment of a new board for the National Insurance Commission with immediate effect.
Special Adviser to the President on Media and Publicity, Ajuri Ngelale, made this known in a statement on Friday.
The new board members are seasoned professionals with a wealth of experience in the insurance industry.
Those named in the new Board include Ms. Halima Kyari as Chairperson; Mr. Olusegun Ayo Omosehin as Commissioner for Insurance; Mr. Olawoye Gam-Ikon as Deputy Commissioner, Technical Operations; and Dr. Usman Ankara Jimada as Deputy Commissioner, Finance & Administration.
Other members of the Board are Dr. Miriam Kene Kachikwu as Member; Mr. Adeniyi Olusegun Fabikun as Member; and Mr. Umar Khalifa Mohammed also a Member.
The President has called o. the new board to exhibit the highest standards of integrity and transparency in leading the commission while emphasizing the importance of ensuring a safe, sound, and stable insurance sector, protecting policyholders and the public interest, and improving trust and confidence in the sector.
The appointment of the new Board is seen as a significant step in the President’s efforts to reform and boost the country’s insurance regulatory framework.