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NAICOM Board Elevates Rasaaq Salami, Talmiz Usman, 3 Others as Directors

   .....Restructures Commission into 8 Directorates

The Governing Board of the National Insurance Commission, at its meeting held on 21 June, 2024, approved the promotion of five (5) staff to the grade of Director following the promotion exercise conducted on 27th March, 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 and 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 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 include:Inspectorate, Supervision, Market Conduct & Complaint Bureau, and Innovation and Regulation.

Others are Legal, Enforcement & Market Development, Human Resources & Administration,
Finance & Accounts and Technology, Strategy & Research

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