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    CBN’s Monetary Policy Committee retains interest rate at 27.50%

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Tinubu appoints new Boards for SEC and NAICOM

Saturday, 20 April 2024, 6:14 am
in Business, Industry
0
President Tinubu seeks approval of US$8.6bn and €100m new loans
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President Bola Ahmed Tinubu has approved the appointment of new Boards for the Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM).

Also read; Merger of Dangote Sugar with NASCON and Dangote Rice Limited suspended

Approval of the 7-man boards for SEC and NAICOM was announced on Friday by Ajuri Ngelale, Special Adviser to the President (Media & Publicity).

Those appointed to the Board of  Securities and Exchange Commission includes;

  1. Mr. Mairiga Aliyu Katuka — Chairman
  2. Mr. Emomotimi Agama — Director-General
  3. Frana Chukwuogor — Executive Commissioner (Legal and Enforcement)
  4. Mr. Bola Ajomale — Executive Commissioner (Operations)
  5. Mrs. Samiya Hassan Usman — Executive Commissioner (Corporate Services)
  6. Mr. Lekan Belo — Non-Executive Commissioner
  7. Mr. Kasimu Garba Kurfi — Non-Executive Commissioner

The Securities and Exchange Commission is saddled with the responsibility of developing and regulating Nigeria’s Capital market.

Those appointed to the Board of National Insurance Commission includes;

  1. Ms. Halima Kyari — Chairperson
  2. Mr. Olusegun Ayo Omosehin — Commissioner for Insurance
  3. Mr. Olawoye Gam-Ikon — Deputy Commissioner (Technical Operations)
  4. Dr. Usman Ankara Jimada — Deputy Commissioner (Finance & Administration)
  5. Dr. Miriam Kene Kachikwu — Member
  6. Mr. Adeniyi Olusegun Fabikun — Member
  7. Mr. Umar Khalifa Mohammed — Member

The National Insurance Commission (NAICOM) was established in 1997 by the National Insurance Commission Act 1997 with responsibility for ensuring the effective administration, supervision, regulation and control of insurance business in Nigeria and protection of insurance policyholders, beneficiaries and third parties to insurance contracts.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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