Although a successor is yet to be named by the government, the air of expectancy amongst insurance industry practitioners is very high. The wishes of the people is that any incoming Commissioner for Insurance should consolidate on the gains of the Fola Daniel’s era.
From the re-branding of the Commission to the various successful industry reforms initiated and executed under his watch, the insurance industry could be said to have experienced its Golden era so far.
Prior to his appointment as Commissioner for Insurance in 2007by former Presidient Olusegun Obasanjo, Mr. Daniel was the Managing Director of Globe Reinsurance Plc . He had successfully completed a two-term tenure in 2004 as Managing Director/CEO of the Nigerian Agricultural Insurance Company (NAIC)