NAICOM Concludes Promotion Exercise, Elevates Five Staff To Director

The Governing Board of the National Insurance Commission (NAICOM), at its meeting held on 21 June, 2024, approved the promotion of five (5) members of staff to the grade of Director.

According to the statement by the Commission’s Spokesperson, Mr. Greg Eyo, the approval for the promotion was given sequel to the successful promotion exercise conducted on 27th March, 2024.

The new Directors are:

1. Mr. Ajibola Bankole – Director, Inspectorate

2. Mr. Ahmad Ibrahim Adamu – Director, Technology, Strategy & Research

3. Dr. Talmiz Usman – Director, Legal, Enforcement & Market Development

4. Mr. Kamaludeen Barde – Director, Finance & Accounts

5. Mr. Rasaaq Salami – Director, Human Resources & Administration

The Governing Board also approved the updated organisational structure of the Commission to enhance its efficiency, effectiveness, and adaptability.

This restructuring, the statement stated, ensures that the organisational structure aligns with the Commission’s strategic goals and objectives, aiding the executive management in achieving its mandate.

The new directorates are:

1. Inspectorate

2. Supervision

3. Market Conduct & Complaint Bureau

4. Innovation and Regulation

5. Legal, Enforcement & Market Development

6. Human Resources & Administration

7. Finance & Accounts

8. Technology, Strategy & Research