Tuesday, March 11, 2025
26.8 C
Lagos

NAICOM Chief, Sunday Thomas, Elected President of OAISA

Mr. O. S. Thomas

Commissioner for Insurance/CEO

NAICOM

The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Federal Republic of Nigeria, Mr. Olorundare Sunday Thomas has been elected the President of the Organisation of African Insurance Supervisory Authorities (OAISA).

Mr. Thomas’ election alongside his Vice-President, Mr. Issouf Traore of Cote D’ Ivoire was ratified at the General Assembly of the body at Tunis, Tunisia recently.

The OAISA is an intergovernmental organisation eligible for the rights and privileges granted by the 1961 Vienna Convention on Diplomatic Relations.

It’s an organisation saddled with the objects of promoting co-operation among African Insurance Supervisory Authorities to share experience in the effective supervision of the insurance industry in Africa for the development of insurance markets for the benefits and the protection of policyholders; contributing to capacity building and financial stability of the African Continent.

The newly elected officials of the Organisation shall serve the continent for a period of two (2) years in the first instance, renewable once.

It’s imperative to note that Mr. Thomas was the pioneer Chairman of the West Africa Insurance Supervisors Association (WAISA).

spot_img
spot_img
spot_img

Hot this week

NGX Committed to Empowerment, Equal Opportunity for Women

Speech Delivered by Alhaji (Dr.) Umaru Kwairanga, Group Chairman,...

NCDMB Acquires 20% Equity in 100kbpd Refinery Project

The Nigerian Content Development and Monitoring Board (NCDMB) has...

NCDMB Rallies NNPC, Oil Producers to Boost in-country Manufacturing of Line Pipes

The Nigerian Content Development and Monitoring Board (NCDMB) on...

NCDMB ES Seeks Africa-wide Local Content Framework to Leverage Collective Strengths for Mutual Prosperity

The Executive Secretary of the Nigerian Content Development and...

Stanbic IBTC Bank’s Gas, Infrastructure Confab Charts Path for Economic Growth

L-R: Umah Imoh, Acting Sector Head, Energy, Client Coverage,...

Topics

Global Air Freight Growth Slows in May

The International Air Transport Association (IATA) released global air...

Allianz, SOS Children’s Villages Focus on Social Inclusion

Allianz SE and SOS Children’s Villages announced their global...

Ecobank CEO: Operators Need Partnership to Tap Opportunities in Digital Financial Inclusion

Mr. Patrick Akinwuntan Managing Director Ecobank Nigeria Mr. Patrick Akinwuntan Managing...

NSE, LSE Hosts 5th Dual Listing Conference in Lagos

The Nigerian Stock Exchange (NSE), in partnership with London...

Stanbic IBTC to Groom Future Business Leaders Through YLS

  Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC...

Africa Finance Corp Secures $150m Loan from German Bank

In a statement published on June 22, Africa Finance...
spot_img

Related Articles

Popular Categories

spot_imgspot_img