President Muhammadu Buhari has approved the appointment of Mr Sunday Thomas, as the new Acting Commissioner for Insurance, CFI.

The news on the appointment was contained in a circular signed by Mr A.O Bello, the Deputy Director, Home Finance, for the Permanent Secretary, Federal Ministry of Finance in Abuja.

The circular was released to newsmen by the National Insurance Commission, NAICOM.

The circular with reference number F.19482/BFPIAC/S.2/24 was titled: “Re: Handing over Note: Appointment of new Ag.Commissioner for Insurance.”

The circular said: “I am directed to refer to a letter referenced NAICOM/FMF/DCTO/002 dated Aug. 2, on the above title and covey the approval of the Permanent Secretary for Mr Sunday Thomas, Deputy Commissioner for Insurance, DCFI, Technical as Ag, CFI, to oversee the affairs of the commission”.

The circular added that the appointment was to ensure effective administration of the insurance industry in line with provisions of the National Insurance Commission, NAICOM, Act of 1997.