INSPENONLINE: CIIN inducts new awardees

Thursday 29 November 2012

CIIN inducts new awardees

Chuks Udo Okonta

The Chartered Insurance Institute of Nigeria (CIIN) is warming up for its 2012 Graduation and Awards Ceremony. The event which will witness the addition of sixteen new fellows to the Institute’s prestigious Society of Fellows, will also involve the induction of 134 new Associates into the fold of Insurance professionals.

President of CIIN, Dr. Wole Adetimehin has said that the Institute is committed to the production of fit and proper practitioners to continually drive the Insurance sub-sector of the Nigerian economy. Adetimehin further said that professionalism is key to the growth and development of the financial services industry stating that professionals are the custodians of the ethics and codes of conduct for all professions. ‘I am happy with the Institute’s giant strides in the area of producing Insurance professionals whose expertise will continue to impact positively on our sector today and in the future’, he stated.
The CIIN Graduation and Awards Ceremony is scheduled for Wednesday 5^{th December, 2012 at 10 Degrees Events Centre, Billings way, Ikeja. The Graduation Lecture titled "The Professional and Nation Building" will be delivered by Mr. Wole Oshin, Managing Director, Custodian and Allied Insurance Plc.}

^{A release signed by Mr. Joseph Obah, CIIN’s Director of Corporate Communications also stated that the Commissioner for Education, Lagos State, Mrs. Olayinka Oladunjoye will be the Special Guest of Honour. The honourable Commissioner will be at home in her former constituency as an Insurance practitioner prior to her present appointment.
Amongst those to receive the Institute’s Fellowship are, Abubakar Sabin Bello of the National Insurance Commission and Mrs. Folashade Onanuga, former President of the Professional Insurance Ladies Association (PILA) who is now with the Lagos State Pensions Commission. Others are, Mr. Uche Aniago, Chairman of CIIN’s Port Harcourt chapter and Branch Manager of Union Assurance in the oil city; Mr. Kins Ekebuike, Managing Director, UnityKapital Assurance plc; Aremo Adeniyi Ogunsanya of Oriwu Insurance Brokers and Mr. Ayodapo Ajayi Shoderu, Deputy President, Nigerian Council of Registered Insurance Brokers as well as the underlisted:

Abidogun Ademola Ayotunde - Cornerstone Insurance Plc

Adekeye Oluseyi Olasunkanmi - SCIB Nigeria & Co Ltd

Adekoya Adeyinka Abisoye (Mrs.) - Cornerstone Insurance Plc

Akingbade Akinjide Ajao - Sterling Assurance Nigeria Ltd

Apampa Moruf - AIICO Insurance Plc

Arusiuka Adetutu (Mrs.) - AIICO Insurance Plc

Duru Japhet Ogueri - International Energy Ins. Plc

Olabiyi Festus Idowu - AIICO Insurance Plc

Popoola Samson Olugbenga - Hogg Robinson Nigeria Ltd

Sogbesan Gregory Olanrewaju - SCIB Nigeria & Co Ltd

The Chartered Insurance Institute of Nigeria which has as part of its statutory duties, the responsibility of maintaining a register of members, has continued to satisfy this requirement. The Institute had 1,805 active and 815 inactive professional members as at the end of May 2012. This comprised 148 active Fellows and 40 inactive Fellows. 1,667 active Associates and 775 inactive Associates.
It will be recalled that the Federal Government through the Federal Ministry of Commerce has been engaged in the preparation of a list of Active and Inactive professionals in Nigeria for the purpose of verifying the status of professionals in the country. For this reason, the CIIN had categorized its professional members and submitted a list of its active professionals to the commerce ministry for inclusion in its data. Director General of the CIIN, Mr. Adegboyega Adepegba while clarifying the ‘Active’, ‘Inactive" status, stated that the active members are those who have fulfilled their financial obligation to the Institute stating that the inactive ones are those who have defaulted in the payment of their annual dues.

The CIIN has a total number of 2,624 professional members made up of 188 Fellows and 2,436 Associates. These figures will be adjusted at the end of the Institute’s Graduation Ceremony when the existing number of Fellows and Associates will receive a boost.}

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Lawal is Inspen 2014 insurance man of the year

The former President Chartered Insurance Institute of Nigeria (CIIN) Fatai Lawal has emerged the 2014 Inspenonline Insurance Man of the year.

Fatai who is the the Managing Director Sterling Assurance Nigeria Limited was named today, at the Nigerian Insurance and Pension Award organised by Inspenonline.

Chief Executive Officer Inspenonline Media, Chuks Udo Okonta, said Lawal was picked from the votes casted by the public and other considerations made by the award's panel of assessors.

He noted that the winner raised the bar at the the Institute and the industry by opting to serve a tenure which was eventful and impactful. He added that amongst the legacies left by the winner was the printing and donation of Insurance books to secondary and tertiary institutions aimed at deepening insurance awareness.

Okonta noted that the award, which started two years ago with the recognition of two distinguished individuals and an underwriting company, has now come to stay.

"This year, we decided to raise the bar by setting high standards to judge the operations of companies and impacts made by individuals in moving insurance and pension business forward.

"To achieve this, we gave the public the opportunity to select those to be celebrated by calling for votes. Having harmonised the votes which came from different parts of the country, we benchmarked the scores with the set standard to arrive at the winners we are celebrating today," he said.

Others winners are AIICO Insurance Plc, Insurance company of the year; FUG Pensions Limited, Pension Fund Administrator of the Year; YOA Insurance Brokers Limited and Glanvill Enthoven Insurance Brokers Limited, Insurance Broker of the year.

Professional Excellence Award went to Professor Joe Irukwu; Best Professional Group went to the Chartered Insurance Institute of Nigeria and Association of Registered Insurance Agents of Nigeria; Corporate Brand went to Mansard Insurance Plc and Leadway Assurance Limited while Corporate Social Responsibility Award was won by Sovereign Trust Insurance Plc.

The organisers also recognised organisations that distinguished themselves, with Excellence Award. Organisations in this category include the National Pension Commission, Lagos State Pension Commission, Goldlink Insurance Plc and Pension Transition Administration Directorate.

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