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NAICOM Board Approves New Operational Structure For The Commission

by Bisi Bamishe
July 8, 2024
in Insurance
NAICOM Board Approves New Operational Structure For The Commission
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By Bisi Bamishe

The Governing Board has  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 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.

The Board also approved the promotion of five  staff to the grade of Director following the promotion exercise conducted first quarter of 2024. The new Directors are:

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1. Mr. Ajibola Bankole – Director, Inspectorate
2. Mr. Ahmad Ibrahim Adamu – Director, Innovation & Regulation
3. Dr. Talmiz Usman – Director, Legal, Enforcement & Market Development
4. Mr. Kamaludeen Barde – Director, Finance & Accounts
5. Mr. Rasaaq Salami – Director, Human Resources & Administration

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Bisi Bamishe

Bisi Bamishe

I am a journalist with many years of experience in the field of Insurance and Pension. In 2003, I won Nigeria Media Merit Award of the IGI's Prize For Insurance Reporter of The Year

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