The newly-appointed Commissioner for Insurance/CEO of the National Insurance Commission, Mr Olusegun Ayo Omosehin, has said that the insurance sector has critical role to play in the Federal Government plan of achieving a one trillion dollar economy by 2026.
Mr Omosehin stated this when he took over from his predecessor, Mr Olorundare Sunday Thomas at the Commission’s headquarters in Abuja at the weekend.
“The Federal Government intends to achieve a $1 trillion economy by 2026. With this target in cognizance, the Insurance Sector is expected to play a critical role and contribute to its achievement”, he said.
Mr Omosehin, on arrival at NAICOM’s headquarters, Abuja for his assumption of duty 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.
In his opening remarks, he stated that the management would set a new tone for the Nigerian insurance sector. His predecessor, Mr. Olorundare 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.