By Niyi Jacobs
The National Insurance Commission (NAICOM) Governing Board has announced the promotion of five staff members to the position of Director, following a rigorous promotion exercise conducted on March 27, 2024. The new directors are:
- Mr. Ajibola Bankole – Director, Inspectorate
- Mr. Ahmad Ibrahim Adamu – Director, Innovation & Regulation
- Dr. Talmiz Usman – Director, Legal, Enforcement & Market Development
- Mr. Kamaludeen Barde – Director, Finance & Accounts
- Mr. Rasaaq Salami – Director, Human Resources & Administration
In addition, the Governing Board approved an updated organizational structure aimed at enhancing the Commission’s efficiency, effectiveness, and adaptability. The new structure aligns with NAICOM’s strategic goals and objectives, supporting the executive management in achieving its mandate. The new directorates include:
- Inspectorate
- Supervision
- Market Conduct & Complaint Bureau
- Innovation and Regulation
- Legal, Enforcement & Market Development
- Human Resources & Administration
- Finance & Accounts
- Technology, Strategy & Research
This development marks a significant milestone in NAICOM’s efforts to strengthen its leadership and operational framework, positioning the Commission for greater success in the insurance industry.
