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Mohammed Kari Succeeds Fola Daniel As Insurance Commissioner, NAICOM’s CEO

NAICOMPresident Muhammadu Buhari has appointed Alhaji Mohammed Kari as the Commissioner for Insurance and Chief Executive of National Insurance Commission (NAICOM).

Mr Femi Adesina, Special Adviser to the President on Media and Publicity, said in a statement that Kari’s four-year tenure 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 Niger 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.

He returned to insurance management in 2007 as the Managing Director/Chief Executive of Unity Kapital Assurance Plc, where he served for four years.

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