|Mr Fola Daniel
Former NAICOM Boss
Fola Daniel, a veteran underwriter and an administrator of high repute currently leads the management team. He studied in Nigeria and the United Kingdom. He is a Fellow of the Chartered Insurance Institute, London, the Chartered Insurance Institute of Nigeria (FIIN) and, the British Institute of Management. Prior to his appointment as Commissioner for Insurance in 2007, Mr. Daniel was the Managing Director of Globe Reinsurance Plc. With experience spanning over 30 years, he has worked in various capacities at Senior Management level. He was a Branch Manager and later Northern Area Manager of Great Nigeria Insurance Co. Ltd in 1986.
In 1989, he joined Globe Reinsurance Plc as Underwriting Manager. He rose to the position of Assistant General Manager (Technical) from where he was appointed by the Federal Government as Executive Director (Operations) of Nigerian Agricultural Insurance Corporation (NAIC). He was later appointed the Managing Director/CEO of the Corporation in 1994. During his tenure, the Corporation witnessed a phenomenal change in fortune from a hitherto loss position to a profit making organization. He returned to Globe Reinsurance Plc as Managing Director/CEO in 2004 after he successfully completed two-term tenure of 10 years at NAIC.
Fola Daniel is a visiting lecturer and a Member of the Governing Board of the West African Insurance Institute, Banjul, The Gambia (WAII) as well as the Chartered Insurance Institute of Nigeria (CIIN).
Source: NAICOM website