The Federal Government has appointed Chief Emmanuel Jideoffor Nwosu as the Chairman of the Governing Board of the National Insurance Commission (NAICOM).
This was disclosed last Thursday in Abuja! By the Minister of Finance Kemi Adeosun, during the inauguration of the boards of some government agencies.
Others inaugurated as members of the board include: Prof. Musa Balarabe from the North West, Awwal Hamza from the North East; Otunba A. Akinniranye from the South West; Commissioner for Insurance, Mohammed Kari; Deputy Commissioner Technical, Sunday Thomas and Deputy Commissioner, Finance and Admin., George Oneknena. Also on the board are: representatives of the Federal Ministry of Finance; Ministry of Trade and Investment; Central Bank of Nigeria (CBN) and Chartered Insurance Institute of Nigeria,(CIIN), The Governing Board is the highest decision making body of the regulator of insurance industry, which has the mandate of setting standards for the conduct of insurance business in Nigeria, protects policyholders and ensures adequate protection of strategic government assets and properties.