BY NKECHI NAECHE-ESEZOBOR—As part of efforts to encourage Nigerian Youth to take up careers in insurance, Veritas Kapital Assurance Plc has rewarded Adeyemi Adeshola Kehinde, the best graduating student of the Department of Risk Management and Insurance at Lagos State University (LASU), with ₦500,000.
Speaking at the presentation, the Managing Director and Chief Executive Officer (MD/CEO) of Veritas Kapital Assurance Plc, Dr. Adaobi Nwakuche, said the award was presented in fulfilment of a pledge she made in support of the department and its student association.
She said the company had maintained a longstanding partnership with the LASU insurance community and had committed to rewarding the best graduating student for the year with ₦500,000.
Dr. Nwakuche who was represented by the company’s Head of Marketing and Corporate Communications,Arinze Adigwe,
explained that the presentation was the fulfilment of that commitment, while congratulating the award recipient on his academic achievement and acknowledging the hard work and support of his lecturers.
Dr. Nwakuche also highlighted the company’s continued efforts to support insurance education and encourage young people to enter the profession.
According to her, Veritas Kapital Assurance has supported other institutions, including Nnamdi Azikiwe University, Awka, and the University of Lagos.
She recalled that the company organised a competition involving universities across Nigeria in 2022/2023 to promote insurance-related activities. The top three participants came from the University of Lagos, the University of Ilorin and Ahmadu Bello University, Zaria, respectively.
She noted that the company’s support for students and institutions was an ongoing commitment rather than a new initiative.
“We will definitely partner with schools that are ready to partner with us,” she said, adding that the objective was to encourage more young people to join the insurance profession.
She stressed that attracting young minds to the industry would help promote diverse perspectives and support the reforms and changes taking place in the insurance sector.
Also, the Acting Head of the Department of Risk Management and Insurance at Lagos State University, Dr. Dansu Shewhenu Francis, described the department’s annual insurance summit as an important event that the university takes seriously.
He said the department had continued to encourage its student association to organise the programme, with support from the department to ensure its success.
He expressed appreciation to Veritas Kapital Assurance for its consistent support, noting that the company had responded whenever the department sought its assistance.
The winner, Adeyemi Adeshola Kehinde, who was the best graduating student for the session with a Cumulative Grade Point Average (CGPA) of 4.65 out of 5.00, expressed happiness over the recognition, saying it would motivate him to work harder and inspire other students in the department.
He noted that although the financial reward was appreciated, the recognition also carried personal significance because it could encourage younger students to strive for academic excellence.
