The former Governor of Anambra State, Peter Obi has been appointed as chairman of the Securities and Exchange Commission (SEC).
Reuben Abati, the special adviser to the president on media and publicity, who made the announcement on Monday, said the appointment was with immediate effect.
The president also relieved the Executive Secretary of the National Health Insurance Scheme (NHIS), Olufemi Thomas with immediate effect.
Jonathan also approved the confirmation of Mounir Haliru Gwarzo as Director-General of the Securities and Exchange Commission (SEC).
Gwarzo, who has been acting as director-general of SEC, was appointed to the board of the Commission as executive commissioner in January 2013.