NAICOM promotes Salami, 4 others as directors, upgrades structure

The Governing Board of the National Insurance Commission (NAICOM) has approved the promotion Mr AbdulRasaaq Salami and four others to the grade of Directors.

The meeting that led to the development was held on June 21, 2024, following the promotion examination held March 27, 2024.

 The other four are: Mr. Ajibola Bankole – Director, Inspectorate; Mr. Ahmad Ibrahim Adamu – Director, Technology, Strategy & Research; Dr. Talmiz Usman – Director, Legal, Enforcement & Market Development and Mr. Kamaludeen Barde – Director, Finance & Accounts while Mr. Rasaaq Salami was promotef to Director, Human Resources & Administration.

The Governing Board also approved the update of the 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: Inspectorate; Supervision;  Market Conduct & Complaint Bureau; Innovation and Regulation; . Legal, Enforcement & Market Development;  Human Resources & Administration; Finance & Accounts and  Technology, Strategy & Research