President Goodluck re-appoints George Onekhena as Deputy Commissioner

Onekhena

Chuks Udo Okonta

　

President Goodluck Ebele Jonanthan, has approved the reappointment of George Onekhena as Deputy Commissioner for Insurance (Finance and Administration) of the National Insurance Commission (NAICOM) for a second and final term of five (5) years.

A statement by Head, Corporate Affairs NAICOM, 'Rasaaq 'Salami, said Onekhena's reappointment was conveyed in a letter referenced SGF. 47/S.9/11/636, dated December 11, 2014 and signed by the Secretary to the Government of the Federation Anyim Pius Anyim, GCON.

The SGF stated that the President's action is "in line with the provision of Section 11(5) of the National Insurance Commission Act 1997" and it is with effect from November 29, 2014.

George Onekhena was first appointed Deputy Commissioner for Insurance in November 2009 by the President for a five year term. He successfully completed his first five year term in November, 2014. During the period, Onekhena displayed good knowledge of the insurance industry leading to the immense transformation being witnessed in the industry at the moment.

He was the head of a team that successfully supervised the transition to the International Financial Reporting Standards (IFRS) by insures in 2012. The team is currently moderating the seamless transition by insurance brokers to IFRS.

A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Onekhena contributions to the Commission and industry are invaluable.