PMB appoints new Insurance Comissioner

Following the retirement of Former National Insurance Commissioner Fola Daniel. President Buhari has approved the appointment of Alhaji Mohammed Kari as the Commissioner for Insurance and Chief Executive of the National Insurance Commission.

According to a statement by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, the appointment, which is for a term of four years in the first instance, takes effect from Friday, July 31 2015. The new Commissioner for Insurance started his career with Royal Exchange Assurance in 1979. He later worked with Yankari Insurance Company until 1989, when he was appointed Executive Director in Nigeria Insurance Plc.

In January 1992, he was appointed Managing Director/CHIEF Executive Officer of Nigeria Reinsurance Corporation, a position he held until March 1993 when he was appointed Managing Director of NICON Insurance Corporation. He served in that capacity until January 2000 when he resigned.