Kari, former NICON Insurance MD replaces Daniel as NAICOM boss


Former Managing Director, NICON Insurance Plc, Mohammed Kari has been appointed the Commissioner for Insurance and Chief Executive of the National Insurance Commission, NAICOM.
Kari replaces Fola Daniel.
According to a statement by the Special Adviser to the President on Media and Publicity, 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 and 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 but returned to insurance management in 2007 as the Managing Director/Chief Executive of Unity Kapital Assurance Plc, where he served for four years.
A Chartered Insurer and Professional IT Consultant, Mohammed Kari was, until his new appointment, the Deputy Commissioner (Technical) in the National Insurance Commission.
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Source:: New Mail