The governing board of the National Insurance Commission (NAICOM) has approved the promotion of five staff members to the position of director, following a promotion exercise conducted on March 27, 2024.
In a statement issued by the commission on Monday, it was disclosed that these appointments were endorsed during a board meeting held on June 21, 2024.
The newly appointed directors are:
- Mr. Ajibola Bankole – Director, Inspectorate
- Mr. Ahmad Ibrahim Adamu – Director, Technology, Strategy & Research
- Dr. Talmiz Usman – Director, Legal, Enforcement & Market Development
- Mr. Kamaludeen Barde – Director, Finance & Accounts
- Mr. Rasaaq Salami – Director, Human Resources & Administration
Furthermore, the board approved an updated organizational structure for NAICOM aimed at enhancing efficiency, effectiveness, and adaptability.
“This restructuring ensures alignment of the organizational structure with the Commission’s strategic goals and objectives, facilitating the executive management in fulfilling its mandate,” the statement noted.
The newly established directorates include:
- Inspectorate
- Supervision
- Market Conduct & Complaint Bureau
- Innovation and Regulation
- Legal, Enforcement & Market Development
- Human Resources & Administration
- Finance & Accounts
- Technology, Strategy & Research