NAICOM Accepts Readmission of Dione to SUNU Assurances Board

By Dipo Olowookere

The National Insurance Commission (NAICOM) has approved the appointment of Mr Karim-Franck Dione as a non-executive director on the board of SUNU Assurances Nigeria Plc.

Business Post reports that Mr Dione was initially on the board of the insurance company as an executive director. He was appointed in December 2015, but resigned in June 2019.

His resignation letter as the Executive Director in charge of Performance Management and Strategy at SUNU Assurance was accepted then at the meeting of the board of directors held on Tuesday, July 30, 2019.

In a notice to the Nigerian Stock Exchange (NSE) this week, SUNU Assurance said it has returned Mr Dione to its board as a non-executive director based on what he still has to offer to the organisation.

“SUNU Assurances Nigeria Plc wishes to inform its valued shareholders and general public that its board of directors at a meeting held on Tuesday, July 30, 2019 accepted the resignation of Mr Karim-Franck Dione as Executive Director, Performance Management & Strategy.

“On account of his vast experience and contributions to the growth of the company, the board approved his appointment as a non-executive director with effect from July 30, 2019,” the statement said.

It said further that, “The National Insurance Commission by its letter dated September 25, 2019 approved the appointment of Mr Karim-Franck Dione as a non-executive director on the board of SUNU Assurances Nigeria Plc.”

Mr Dione is a Business Professional with over 10 years work experience in Canada and France. He holds a B.Sc in Computer Science and Business Administration from Collége LAURENDEAU and HEC Montréal (Canada) respectively.

He had previously served as the Project Manager and Executive Assistant to the President with SUNU Gestion (France) and previously with the Canadian Imperial Bank of Commerce (Canada). He currently serves as Director, Management Accounting & Financial Management in SUNU Participations Holding (France).

He is also a board member in SUNU Assurances Vie Sénégal, de SUNU Assurances IARD Sénégal since 2012, SUNU Assurances Vie Niger, SUNU Assurances IARD Niger, SUNU Assurances Guinée, SUNU Assurances Vie Cöte d’Ivoire, SUNU Assurances IARD Cöte d’Ivoire, SUNU Assurances Ghana, SUNU Assurances Liberia, SUNU Asurances/Allianz IARD Burkina Faso, SUNU Santé, SUNU Health Nigeria Limited and SUNU Investment, Total Sénégal,

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via

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