President Muhammadu Buhari, Sunday, approved the appointment of Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM).

His appointment was announced in a statement issued on Sunday and signed by the Special Adviser to the Minister of Finance, Yunusa Abdullahi.

Thomas is replacing the immediate past commissioner for Insurance/CEO, Mohammed Kari.

Buhari also approved the appointments of two board members for Nigeria Deposit Insurance Corporation.

“Thomas, was formerly Director-General (DG) of the Nigerian Insurers Association (NIA) in 2010.

“The President also approved the appointments of two board members for Nigeria Deposit Insurance Corporation (NDIC), Mrs. Ya’ana Talib Yaro as the Non Executive Director representing the North East, and Mrs. Diana O. Okonta as Non Executive Director, to fill the slot for the South South,” the statement read in part.

The appointments are to take effect immediately.