Section 11: Appointment, etc., of Deputy Commissioners.

(1) There shall be for the Commission-
(a) a Deputy Commissioner for Technical Operations; and
(b)
a Deputy Commissioner for Finance and Administration,
each of whom shall be appointed by the President, on the recommendation of the Minister
(2) A person shall not be qualified for appointment-
(a) as a Deputy Commissioner for Technical Operations unless he has-
(i) a recognised professional qualification in insurance or related course;
(ii) not less than 12 years post-qualification experience in the insurance industry; and
(iii) spent the last 7 years of the 12 years referred to in sub-paragraph (ii) of this paragraph at senior management level; or
(b) as a Deputy Commissioner for Finance and Administration unless he has-
(i) a recognised professional qualification in finance, accounting or administration;
(ii) not less than 12 years post-qualification experience in finance management and administration;
(iii) spent the last 7 years of the 12 years referred to sub-paragraph (ii) of this paragraph at a senior management level.
(3) The Deputy Commissioner for Technical Operations shall-
(a)
be responsible to the Commissioner for the day-to-day administration and coordination of all the technical operations of the Commission; and
(b) perform such other duties as the Commissioner or the Board may, from time to time, assign to him.
(4) The Deputy Commissioner for Finance and Administration shall-
(a) be responsible to the Commissioner for the day-to-day control of the financial affairs and administration of the Commission; and
(b) perform such other functions as the Commissioner or the Board may, from time to time, assign to him.
(5) A Deputy Commissioner appointed under subsection (1) (a) or (b) of this section shall hold office for a period of five years in the first instance, and may be re-appointed for a further period of five years and no more and on such terms and conditions, including emolument and allowances, as may be specified in his letter of appointment.
(6) When the office of the Commissioner is vacant or the Commissioner is for any reason absent or otherwise unable to perform his functions as Commissioner, the Minister shall appoint any of the two Deputy Commissioners to act as the Commissioner.
(7) A Deputy Commissioner acting on behalf of the Commissioner under subsection (6) of this section shall perform all the functions and have all the rights and privileges of the Commissioner.