Insurance industry celebrates Omosehin, Ilori

Insurance industry celebrates Omosehin, Ilori

Nike Popoola

Stakeholders in the Nigerian insurance industry and other chieftains in the financial sector, on Friday, gathered in Lagos, to celebrate two brilliant achievers in the insurance industry, the Commissioner for Insurance, National Insurance Commission, Mr Olusegun Omosehin, and outgoing Director-General of the Nigerian Insurers Association, Mrs Yetunde Ilori.

At a colourful event organized by the Nigerian Insurers Association (NIA) in Lekki, Lagos, tagged, ‘Celebration of double-edge excellence’, insurance companies’ CEOs and the brokers, spoke on major achievements of Omosehin and Ilori.

Omosehin was the Chairman of the NIA until April this year, when he was appointed as the Commissioner for Insurance.

Ilori, who will be leaving the NIA soon will become the next President of the Chartered Insurance Institute of Nigeria this July.

The event which was well attended, was organized to send them forth, in appreciation of their contributions to the association and the industry.

The Chairman of Nem Insurance Plc, Mr Tope Smart, while speaking on Omosehin, he said, “He is very professional, very hardworking. He is a man of integrity who is very passionate about the industry. He actually excelled everywhere he worked. He is a man who dedicated virtually everything to his work, he has the drive and energy.”

He mentioned many of Ilori’s excellent contributions to the industry.

Speaking more on the outgoing NIA DG, he said, “One thing that stands out is the building of NIA where we are today, and that has really changed the face of the insurance industry in Nigeria. Even professionals who came from outside the country that went to NIA were so impressed and they decided that they were going to go back and replicate what we have done in NIA, so kudos to Ilori.”

The President, Nigerian Council of Registered Insurance Brokers, Mr. Tunde Oguntade, lauded the achievements of the celebrants. He said that they have the right character to do the work.

While noting that Omosehin is the commissioner for all, he stressed the need for all sectors in the insurance industry to collaborate on the industry’s growth.

The commissioner, Omosehin, thanked his colleagues and all stakeholders in the industry. He said, “Let us be deliberate in taking this industry forward. The story of the insurance industry has not yet been told, the decision to change our story must be deliberate. Please, make the insurance industry your priority when taking decisions.”

Ilori appreciated the support of her families, friends and colleagues in her success journey.

“You brought the best out of me, thank you all for supporting me,” she said.

Speaking for the insurance CEOs, the Chairman, NIA, Mr. Kunle Ahmed, said, “Mr. Omosehin and Mrs. Ilori have been a beacon of inspiration, guiding us through challenges and triumphs with unwavering dedication and visionary leadership. Under their stewardship, our Association has reached new heights, achieved significant milestones, and set a solid foundation for future success.

“As we reflect on the years of their tenure, we are reminded of the countless contributions and the profound impact they had on each one of us and the Association as a whole. Their commitment to excellence, innovation, and fostering a collaborative culture has truly transformed the Association.

“Tonight, we celebrate not just the end of an assignment, but the beginning of a new chapter for both of them as they take on the mantle of leadership as Commissioner at the National Insurance Commission (NAICOM) and President at the Chartered Insurance Institute of Nigeria (CIIN) respectively. We are grateful for their leadership, and we wish them all the best in their new roles and their future endeavours.”