Nigerian Insurance Czar Bows Out Of Office

Mr. Fola Daniel
Former NAICOM Boss
Mr Fola , veteran underwriter, administrator of high repute and Commissioner for  for eight years bows out as the Commissioner For . He leaves office effectively at the end of this July after serving for Eight years as Commissioner for /Chief Executive of the National Commission ().
Although a successor is yet to be named by the government, the air of expectancy amongst  industry practitioners is very high. The wishes of the people is that any incoming Commissioner for  should consolidate on the gains of the Fola ’s era.

For the outgoing Commissioner For Insurance, the general consensus of opinion of major stakeholders is that his eight-year reign has been transformational. They aver that Shylock’s words in Shakespeare’s The Merchant of Venice1596 fittingly encapsulates ’s leadership of the Commission since 2007.

A Daniel come to judgment! yea, a Daniel!
O wise young judge, how I do honour thee!
From the re-branding of the Commission to the various successful industry reforms initiated and executed under
his watch, the insurance industry could be said to have experienced its Golden era so far.
Prior to his appointment as Commissioner for Insurance in 2007by former Presidient Olusegun Obasanjo, Mr. Daniel was the Managing Director of Globe Reinsurance Plc . He had successfully completed a two-term tenure in 2004 as Managing Director/CEO of the Nigerian Agricultural Insurance Company (NAIC).

Source: InsuranceAdvice