College of Insurance and Financial Management rector to assume duty in April – CIIN

From left: Director/Head Corporate Affairs, Admin & HR Directorate Chartered Insurance Institute of Nigeria (CIIN), Joseph Ifeanyi Obah; Director-General, Kola Ahmed and Director/Head, Membership & Professional Standards Directorate, Moshood Akinyemi at the press conference in Lagos.

·         Obah, Akinyemi, Ayeni now Directors

Chuks Udo Okonta

The Rector College of Insurance and Financial Management, Dr. (Mrs.) Yeside Oyetayo, will assume duty in April, Director-General Chartered Insurance Institute of Nigeria (CIIN) Kola Ahmed, has said.

 

He disclosed today Thursday, at a press parley in Lagos, adding that her assumption of duty would help fast-track the initiation of College programmes in the course of the year.

 

Ahmed noted that the Rector is a seasoned professional, stressing that she had previously worked in the industry prior becoming a lecturer.

 

He maintained that in line with the resolve to reinforce the development of the College of Insurance and Financial Management, construction works had continued unabated, adding that in addition to the Admin/Multipurpose Block, the Restaurant (Sir Olusola Hassan Odukale Restaurant) and three (3) Chalets that were on ground as at May 2013,six new structures had been added with contract also awarded for the construction of four additional buildings which are expected to be completed before the end of April.

 

He said the management is irrevocably committed to ensuring that these combined developmental action-plan remain on course and that the Institute becomes a reference point in the comity of global professional bodies.

 

“In line with our resolve to promote transparency, accountability and prudent management of resources placed at our disposal, we have in the last few months ensured that the resources of the Institute are judiciously applied.

 

“As we speak, the Institute is not indebted to any contractor or supplier as we meet our commitments as they arise. Also in the last 6 months the Institute has committed close to N100 million in accelerating the development of the College of Insurance and Financial Management.

 

“The Institute has also, following the directive of the Finance and General Purposes Committee of Council, established a sinking fund (Reserved fund) with a combined sum of N20million. The reserve is funded from the surpluses generated by the Institute.

 

“We have witnessed an outburst of support and renewed enthusiasm from our members to the Institute’s programmes and activities in the last six months.

 

“Members now warmly identify with and openly embrace the Institute’s programmes.

 

“This was demonstrated during the Public Presentation of Insurance Textbook for Senior Secondary Schools in Nigeria – a book wholly sponsored and produced by the Institute. The enthusiasm and support demonstrated by members of the Institute was unparalleled. The Institute was able to raise over N6million at the event with many more members coming forward afterwards to identify with the project. To date over N10million has been realized on a project that cost the Institute N4million.

 

“We have also witnessed increases in attendance at the institute’s programmes and much more importantly the increased level of interest in and enquiries about the Institute’s various programmes and activities,” he said.

 

He lauded the efforts by the President and Chairman of Council as well as the entire membership of the Governing Council for the recent approval of a new salary structure for the staff of the Institute and for approving the promotions of three erstwhile deputy directors to full directors.

The new directors are: Joseph Ifeanyi Obah, Director/Head, Corporate Affairs, Admin & HR Directorate, Moshood Oluwaseun Akinyemi, Director/Head, Membership & Professional Standards Directorate and Ebun Ayeni, Director/Head, Examinations Directorate.