Lagos, NAICOM, seek transformative insurance growth under new CIIN leadership
Lagos, NAICOM, seek transformative insurance growth under new CIIN leadership
Nike Popoola
The Lagos State Governor, Mr. Babajide Sanwo-Olu, and the Commissioner for insurance/CEO, National Insurance Commission, Olusegun Ayo Omosehin, have expressed optimism of a transformative insurance growth under the new leadership of Chartered Insurance Institute of Nigeria (CIIN).
They spoke during the investiture ceremony of the 52nd President of the Chartered Insurance Institute Of Nigeria (CIIN), Mrs. Yetunde Ilori, in Lagos State on Tuesday.
At the ceremony was well attended by insurance stakeholders and other financial chieftains, Sanwo-Olu who was represented by the Lagos State Commissioner for Finance, joined eminent personalities to celebrate Ilori.
While noting her years of experience in the industry, and past achievements, he said, “As you embark on this transformative journey, remember that your leadership is beacon of hope, possibilities and brighter future for the insurance sector and the Nigerian economy.
Omosehin, the insurance regulator, lauded Ilori for her achievements.
He said, “Her achievements and wealth of experience, coupled with her relentless pursuit of excellence, makes her the perfect choice at this critical time to lead the Institute to new heights, fostering a culture of continuous improvement, growth and innovation.
“I am optimistic and confident that under Mrs Ilori’s leadership, the Chartered Insurance Institute of Nigeria, will continue to promote professionalism, uphold ethical standards, and foster educational development within the insurance industry.
“Leadership in the insurance sector is more critical now than ever before as we navigate a world of significant economic challenges and great opportunities. Hence, the insurance industry must continue to evolve and adapt to meet the changing dynamics of our society.
“Mrs. Ilori’s leadership will play a pivotal role in driving this transformation, ensuring that the Institute remains a beacon of excellence and a catalyst for positive change.”
He also saluted the outgoing President & Chairman of Council, Mr Edwin Igbiti, and members of the Governing Council of the Chartered Insurance Institute of Nigeria (CIIN), for their steadfast commitment towards the promotion of Insurance education and professionalism among members.
Giving her acceptance speech, Ilori said, “I willingly without coercion, accept to be the 52nd President of the CIIN, the 8th woman to take the role. I know expectations are high. I am going to have to compete with myself to surpass my achievements in my previous roles especially as the DG of the Nigerian Insurers Association (NIA).
“I am coming on board at a time when economically, it looks like the world is coming down. We must come out of this economic crisis a better industry than we got in, and there real urgency to get this done.”
Ilori also appreciated all stakeholders for their supports.