Omosehin resumes as insurance commissioner, targets increased contribution to economy
Former Commissioner for Insurance, Mr Sunday Thomas, hands over to new Commissioner, Mr. Olusegun Omosehin, at NAICOM’s headquarters in Abuja on Friday
Nike Popoola
Mr. Olusegun Omosehin, on Friday, assumed duty as the Commissioner for Insurance/CEO, National Insurance Commission. Omosehin arrived at the National Insurance Commission’s Headquarters, Abuja, for his assumption of duty on Friday, and was welcomed by senior members of staff.
Following his arrival, the CFI had an interactive session with the entire management and staff of the Commission. During his opening remark, he stated that the executive management would set a new tone for the Nigerian insurance sector.
His predecessor, Mr. Sunday Thomas, who was in attendance to officially handover to the new CFI, thanked the staff for their support while in office. In a positive light, the new CFI is optimistic of achieving a more vibrant insurance sector.
Furthermore, the CFI noted that the Federal Government intends to achieve a $1tn economy by 2026.
With this target in cognizance, the insurance sector is expected to play a critical role and contribute to its achievement.
Before his recent appointment as commissioner for Insurance, Omosehin was the Managing Director/ Chief Executive Officer of Old Mutual Nigeria Life Assurance Company Limited, as well as the Chairman,
Nigerian Insurers Association.
