Buhari Appoints Mohammed Kari As New NAICOM Commissioner

Posted by African Examiner Featured, Latest Headlines, News Friday, July 31st, 2015

President Muhammadu Buhari has appointed Alhaji Mohammed Kari as the new Commissioner for Insurance and Chief Executive of the National Insurance Commission

(NAICOM).

In a statement issued Friday by his Special Adviser on Media and Publicity, Femi Adeshina, Buhari said Kari’s appointment, which is for a term of four years in the first instance, was with the immediate effect.

Kari, a Chartered Insurer and Professional IT Consultant, started his career with Royal Exchange Assurance in 1979 and later worked with Yankari Insurance Company until 1989, when he was appointed the Executive Director in Niger Insurance Plc.

Also, the new NAICOM Commissioner in January 1992 was appointed the Managing Director/Chief Executive Officer of Nigeria Reinsurance Corporation, a position he held until March 1993, when he was appointed the Managing Director of NICON Insurance Corporation and served until January 2000 when he resigned.

He returned to Insurance management in 2007 as the Managing Director/Chief Executive of Unity Kapital Assurance Plc, were he served for four years. Alhaji Mohammed Kari was until his new appointment, the Deputy Commissioner (Technical) in the NAICOM.

In a related development, President 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.