President Muhammadu Buhari on Friday appointed Alhaji Mohammed Kari as the Commissioner for Insurance and Chief Executive of the National Insurance Commission.
Kari replaces Mr. Fola Daniel.
According to a statement by the Special Adviser to the President on Media and Publicity, Mr. 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.
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.
A Chartered Insurer and Professional IT Consultant, Alhaji Mohammed Kari was, until his new appointment, was the Deputy Commissioner (Technical) in the National Insurance Commission.
Buhari has also renewed the appointment of Mr. Joshua Okpo as the Rector of the Maritime Academy, Oron for a second and final term of four years.