The Special Adviser to the Minister of Finance, Yunusa Abdullahi, said this in a statement issued on Sunday.
Thomas replaced the immediate past commissioner for Insurance/CEO, Mohammed Kari, as Acting Commissioner for insurance/CEO of the National Insurance Commission in July 2019.
The statement said Thomas, who has over three decades of experience in the industry as an operator and regulator, was appointed Deputy Commissioner in charge of technical matters by Buhari in April 2017.
He was formerly Director-General of the Nigerian Insurers Association in 2010.
The statement also said the President approved the appointments of two board members for Nigeria Deposit Insurance Corporation.
They are Mrs. Ya’ana Talib Yaro who was appointed as the Non-Executive Director representing the North East, and Mrs. Diana Okonta as Non-Executive Director, to fill the slot for the South-South.
The appointments, the statement added take immediate effect.