The Senate on Thursday confirmed the appointment of Dr. Thompson Oludare Sunday as Managing Director and Dr. Kabir Sabo Katata as Executive Director of the Nigerian Deposit Insurance Corporation (NDIC).

Their confirmation followed the adoption of the report presented by the Senate Committee on Banking, Insurance and Other Financial Institutions during plenary.

Presenting the report, Committee Chairman Senator Adetokunbo Abiru, said both nominees were thoroughly screened and found to be eminently qualified, with no petitions or adverse reports filed against them.

He, therefore, urged the Senate to approve their appointments, which was subsequently granted.