Olorundare Thomas Appointed to the Governing Council of the Nigerian Content Development and Monitoring Board

Olorundare Thomas, the Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), has been appointed to the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB).

Dr Alim Abubakre, British-Nigerian founder of TEXEM UK, a consulting firm in the United Kingdom, has hailed this appointment as strategic and exemplary, highlighting the unique significance of each appointment in the dynamic landscape of Nigeria’s oil and gas industry.

The inauguration of the 4th Governing Council of the NCDMB marks a pivotal moment in the industry’s trajectory, with the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, entrusting the council with the crucial mandate of fostering indigenous human and infrastructural capacities within the oil and gas sector.

Thomas’s inclusion in the council underscores his exceptional leadership acumen and unwavering commitment to advancing Nigeria’s economic interests.

Drawing from his extensive experience and remarkable achievements at NAICOM, Thomas is poised to make invaluable contributions to the NCDMB Governing Council.

His exemplary stewardship, coupled with his visionary approach towards driving transformative initiatives, exemplifies the calibre of leadership essential for steering the NCDMB towards greater heights of success.

Thomas’s multifaceted contributions extend beyond the realm of insurance. His pioneering role in establishing and eventually taking off the College of Insurance Supervisors of West African Monetary Zone (CISWAMZ) is a testament to his visionary leadership and proactive engagement in regional initiatives.

Thomas’s strategic foresight is further demonstrated by the inauguration of a 10-year transformation roadmap for the insurance industry.

This ambitious endeavour, spanning from 2024 to 2033, underscores his unwavering dedication to fostering sustainable growth and development within the insurance sector.

As an alumnus of TEXEM, Thomas exemplifies the transformative impact of continuous learning and professional development.

His steadfast dedication to excellence serves as an inspiration to aspiring leaders across various sectors.

In celebrating Olorundare Sunday Thomas’s appointment to the Governing Council of the NCDMB, it is important to recognize his exemplary leadership, unwavering commitment to excellence, and steadfast dedication to advancing Nigeria’s economic interests.

His appointment should herald a new era of innovation, collaboration, and sustainable growth within the oil and gas industry.

With a strategic leader like Thomas championing good local content policy governance, Nigeria will be empowered to achieve a sustainable future through fostering economic growth, equitable wealth distribution, technology transfer, infrastructure development, environmental protection, social cohesion, and self-reliance.