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Commissioner For Insurance, 11 Others Join CIIN Fellows * As Institute Inducts 141 Associates

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From Left: Managing Director/CEO Sanlam General Insurance Limited, Bode Opadokun; Deputy President of Chartered Insurance Institute of Nigeria ( CIIN) / Director General of Nigerian Insurers Association ( NIA), Yetunde Ilori; President/Chairman of Council, CIIN, Mr. Edwin Igbiti; MD/CEO, Heirs Life Assurance (HLA), Niyi Onifade and MD/ CEO Consolidated Hallmark Insurance PLC, Eddie Efekoha at the induction ceremony of the Institute held yesterday in Ogun State.

BY NKECHI NAECHE-ESEZOBOR— The Commissioner for Insurance, Sunday Thomas, has officially been inducted as a Fellow of the Chartered Insurance Institute of Nigeria (CIIN).

The Naicom boss was among the 12 Fellows inducted by the institute at its 2022 induction ceremony which took place at the College of Insurance and Financial Management (CIFM) in Asese, Ogun State.

From right: Mr. Adeoye Taiwo Babatola, Technical Assistant NAICOM and other Fellows at the event.

Also inducted was Mr. Adeoye Taiwo Babatola, Technical Assistant to the Commission.

The institute also inducted 141 associates into the league of underwriting professionals.

Speaking at the event, the President of CIIN, Edwin Igbiti, said since conception, the Institute’s professional examinations have served as a solid foundation for outstanding practitioners to launch and distinguish themselves into the professionalism of the insurance industry.

He said “This triumph should keep you basking in great joy and sense of achievement because the professional qualifications are a source of pride to the Institute and all its members.

“ It is extremely important to point out that by attaining our professional qualification, you have become custodians of the ethics and codes of practice of our noble profession,”

He submitted that the objective of the Institute’s code of ethics is to set forth the values, principles and standards that will guide the conduct of all insurance practitioners in the country.

He said as lifetime ambassadors of the insurance profession, they should uphold the creed and replicate all that it represents in their endeavours.

“Who you are and the principles you endorse are some of the values that distinguishes you as a leader and an outstanding professional.

“The completion of the Institute’s examination and your induction as an Associate of the Institute is actually the beginning of your quest for knowledge.”

He maintained that as professionals, the quest to keep honing their skills and knowledge gap is highly crucial in this digitalised world, adding that to become an astute professional who will always be relevant in the industry and the economy at large, will require to learn daily and stay at the top of trends and opportunities.

He urged them to continue to upskill and upgrade themselves to remain
significant in this ever- changing dynamic business space. “I equally urge us to take advantage of the Mandatory Continuous Professional Development (M.C.P.D) programmes offered by the Institute in addition to other post-qualification training courses offered by the College to keep grooming yourselves,” he said.

He reassured them that there are opportunities in terms of career development and growth, both locally and globally, but at the same time inform them that there are lots of competition out there.

He informed them that the feat they have just achieved should be taken as the means to an end and not the end in itself, stressing that preoccupation should be more of how to defend and sustain the qualification in the form of the value that they are adding to both their employer and the industry.

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