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Insurance Industry Courtesy Visit to FG

By Business Journal

15/10/2021

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Insurance CEOs Query 10-Year Tenure Draft

Chief executives of insurance firms in the country have sharply disagreed on the draft legislation by the National Insurance Commission (NAICOM) for CEOs to leave office after 10 years. A similar measure was executed in the banking sector under Mallam Sanusi Lamido Sanusi. Many CEOs who craved anonymity queried the rationale for the measure by NAICOM, insisting that insurance should not equated with the banking sector. Click here to make lazy tweet.