Rector College of insurance pledges to raise first-class professionals

Dr. Oyetayo

Chuks Udo Okonta

The Rector, College of Insurance Dr. (Mrs.) Yeside Abiodun Oyetayo, who resumed few weeks back, has pledged to enhance the manpower needs of the sector by raising notable and first-class professionals.

In an exclusive interview with Inspen, she noted that the college would exploit all available opportunities to raise professionals that will take the insurance and financial sectors to the next level.

She said the college would partner reputable academic institutions within and outside Nigeria to strengthen the industry’s’ man power.  

She said: “We are preparing for the commissioning of the college, hopefully; very soon, we will kick-off with the planned activities. Basically, the main objective of the college is to boost the man power need of the insurance and finance industries in Nigeria; we will be committed to developing programmes that would strengthen the man power needs of the industries.

“We are very sensitive in meeting the needs of the industries and that is why the college will be collaborating with other institutions. Part of our programmes would be partnering institutes abroad in order to meet this man power need. We intend to partner colleges, institutes and universities within and out Nigeria for this purpose. Definitely, the college is up to the task of raising first class professionals.”

 Director-General Chartered Insurance Institute of Nigeria (CIIN) Kola Ahmed, said in line with the institutes resolve to promote transparency, accountability and prudent management of resources placed at its disposal, CIIN leadership has 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 7 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 N20 million. The reserve is funded from the surpluses generated by the Institute.”

He noted that the Institute has also received greater support from the National Insurance Commission (NAICOM). He lauded the commissioner for Insurance Fola Daniel, for his support which has gone a long way to reinforce the institute’s educational programmes more than ever before.