The National Insurance Commission (NAICOM) is committed to aligning the insurance sector with the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu, GCFR and his goal of growing the Nigerian economy to $1 trillion by 2030.
The Commissioner for Insurance, Mr Olusegun Ayo Omosehin stated this at the investiture ceremony of Mrs Yetunde Ilori as the 52nd President of the Chartered Insurance Institute of Nigeria (CIIN) in Lagos.
The ceremony according to the CFI marks a significant milestone not only in Mrs Ilori’s illustrious career but also in the evolution of the Nigerian insurance industry, saying Mrs Yetunde Ilori’s journey to the prestigious position is a testament to her unwavering dedication, exceptional leadership, and profound commitment to the insurance sector.
Omosehin noted that as the immediate past Director General of the Nigerian Insurers Association (NIA), she demonstrated remarkable expertise and visionary leadership that greatly contributed to the advancement of that association, and by extension the insurance industry noting that during Ilori’s tenure as the DG of the NIA and with the support of the Governing Council, the NIA delivered a befitting Head Office.
He expressed confidence and optimism 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.
The Commissioner said that NAICOM viewed the institute as a veritable partner and reiterates the commission’s continuous support to the institute in the discharge of its responsibilities, and looks forward to exploring additional mechanisms of enhancing the existing relationship with the Institute.
Omosehin posited that realities and developments at the global and national levels today calls for collaborative effort to reposition the insurance profession and rebrand the industry such that narratives can be better understood by all.