Very soon another history will be made as Mrs Yetunde Ilori Emerges as the 52nd President/Chairman of the Governing of the Chartered Insurance Institute of Nigeria, CIIN.
Mrs Ilori is known for her dedication, leadership, and integrity in the insurance industry while her significant contributions have profoundly shaped the landscape of insurance in Nigeria and beyond, making her a beacon of excellence in her field.
Mrs Ilori began her insurance career with Trans Nigeria Assurance Company Limited
in Ibadan in the Year 1984, as a place of her primary assignment during her Youth
Service and was subsequently employed as a permanent staff of the Company,
quickly rising to the position of Head of the Life and Pensions Department.
Mrs Yetunde Ilori was later made the head of Claims and Reinsurance department due to her dedication and skills.
In 1997, she joined Crusader Insurance Plc in Lagos State, where she served as Head of Actuarial, Research & Statistics and Life Departments respectively.
Year 2004 saw Yetunde transitioned to AXA Mansard Insurance Plc (formerly Guaranty Trust Assurance Plc), where her strategic leadership as Managing Director/CEO upgraded the company into a leading insurance provider in Nigeria.
During Mrs Ilori’s tenure, the company’s gross premium income increase from N27million to over N13billion and it expanding into various new product lines.
Her exemplary leadership continued as the Director General/Chief Executive Officer of the Nigerian Insurers Association (NIA) as the First Female DG/CEO and the
First Female Chairperson of the Life Committee of the African Insurance Organisation (AIO).
Mrs Ilori during her tenure, oversaw the completion of the NIA’s iconic six-storey building and the implementation of the Nigerian Insurance Industry Database (NIID) Motor, Marine, Building Insurances and lately Group life assurance, and Nigerian Insurance Platform (NIIP), enhancing the credibility of insurance products in Nigeria.
Also the manual compilation and presentation of statistical reports Digest became digitalized making it easy for reference and analysis.
Throughout her career, Mrs. Ilori, has held several prominent positions, including Chairperson of Life Committee of the AIO, Chairperson of the Life Offices Committee
of the NIA, and Chairperson of the Planning Committee of the Insurance Industry Consultative Committee.
She served the Institute as the Chairman, Finance and General Purposes Committee, Treasurer, Deputy President and Immediate Past Chairman of the Governing Board of the College of Insurance & Financial
Management.
Mrs. Ilori is a graduate of Actuarial Science from the University of Lagos, an Associate of the Chartered Insurance Institute (London), an Associate of Chartered Insurance Institute of Nigeria and a Fellow of Chartered Insurance Institute of Nigeria.
She is equally a product of the Advanced Management Programme from Lagos Business School, in addition to attending several training courses within and outside the country.