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President Tinubu Appoints Boards For SEC, NAICOM

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President Bola Tinubu has approved new boards for the Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM).

The appointments were contained in two separate statements issued on Friday by the President’s Special Adviser on Media and Publicity, Chief Ajuri Ngelale.

The first statement said the President has approved the appointment of the following Nigerian professionals to the Board of the Securities and Exchange Commission (SEC):

“(1) Mr. Mairiga Aliyu Katuka — Chairman

(2) Mr. Emomotimi Agama — Director-General

(3) Frana Chukwuogor — Executive Commissioner (Legal and Enforcement)

“(4) Mr. Bola Ajomale — Executive Commissioner (Operations)

(5) Mrs. Samiya Hassan Usman — Executive Commissioner (Corporate Services)

(6) Mr. Lekan Belo — Non-Executive Commissioner

(7) Mr. Kasimu Garba Kurfi — Non-Executive Commissioner”

It said that the President anticipates that all members of the Board of the critical commission will bring to bear their wealth of experience and competence in advancing the commission’s core mandate of developing and regulating a capital market that is dynamic, fair, transparent, and efficient, to bolster investor confidence and contribute immeasurably to the nation’s economic development.

In the second statement President Bola Tinubu approved the appointment of the following qualified Nigerians to the Board of the National Insurance Commission (NAICOM):

“(1) Ms. Halima Kyari — Chairperson

(2) Mr. Olusegun Ayo Omosehin — Commissioner for Insurance

(3) Mr. Olawoye Gam-Ikon — Deputy Commissioner (Technical Operations)

(4) Dr. Usman Ankara Jimada — Deputy Commissioner (Finance & Administration)

(5) Dr. Miriam Kene Kachikwu — Member

(6) Mr. Adeniyi Olusegun Fabikun — Member

(7) Mr. Umar Khalifa Mohammed — Member”

The President expected the new Board of the National Insurance Commission to exercise utmost probity as it leads the commission in ensuring a safe, sound, and stable insurance sector, while protecting policyholders, the public interest, and improving trust and confidence in the sector.