Thursday, 19 June 2014

New CIIN’s President promises to raise insurance education


From left: The Chairman of the event, Segun Osunkeye; past President of CIIN Fatai Lawal; President Oyebola Temowo and his wife at the event.
Chuks Udo Okonta

The newly elected President of the Chartered Insurance Institute of Nigeria (CIIN) Oyebola Temowo, has pledged to raise the bar of insurance knowledge in the country through improving on the standards set by his predecessors and initiating new measures.

He disclosed this today Thursday at his investiture ceremony in Lagos. He noted that his administration will consolidate the efforts made by past leaders of the institute and ensures that the institute and the insurance industry take their rightful place in the scheme of things.

The Chairman of the event, Segun Osunkeye, urged insurance operators to be proactive and ensure that they affiliate with local and international recognised organisations to boost their operations.

He noted that insurers must rise to the challenge of standing as the pillar of the economy, adding that the progress of nations hinges on good insurance practices.

Temowo being decorated by past President of CIIN Fatai Lawal
Profile of the 46th CIIN President, Bola Temowo

Bola Temowo hails from Ijebu-Igbo in Ogun State of Nigeria. He was born in Lagos, present day Lagos State of Nigeria 53 years ago to the family of Late Amos Oyewole Temowo and Mrs. Mercy Taiye Temowo both of whom raised the young Bola Temowo under strict parental guidance. Pa Temowo was an alumnus of Oduduwa College Ibadan and his aged mother, an alumnus of the prestigious Queen’s College, Lagos. Both parents studied and practiced insurance as astute professionals.

Temowo began his educational sojourn at Sacred Heart Private School Ring Road, Ibadan. He had his Secondary education at St. Patrick’sGrammar School, Ibadan and completed his A’ levels at Igbobi College, Yaba in Lagos in the year 1979.

He proceeded to the University of Lagos, having gained admission in 1979 to study History. He bagged the Bachelor of Arts with honours in 1982 and Masters of Public Administration (MPA) in 1984 from the same university.

With an academic bedrock in history, Temowo’s passion was to be like his uncle, Professor Ade Adefuye who then held a Doctor of Philosophy (Ph.D.) in history and lectured in the Department of History at the University of Lagos. But fate was to change the course of events when in 1982 the young Bola had to commence his National Youths Service at Hogg Robinson Nigeria, a frontline Insurance Broking firm. His father had asked him to see Mr. Amos Adeyeye, helmsman at Hogg Robinson for his NYSC primary assignment and that made a whole difference in his hitherto chosen path to be an academic. From Hogg Robinson, he proceeded to Crusader Insurance in 1986 and then felt the strong urge to become professionally qualified by sitting for and qualifying as Associate of the Chartered Insurance Institute (ACII) London in 1989 and Fellowship of the London Institute in 1996.

An Insurance professional to the core, Temowo remained resolute on making a success of his career. From Crusader Insurance, he moved to T.A. Braithwaite Insurance Brokers as a Senior Broker in 1990 and later an Assistant General Manager (AGM). He left T.A. Braithwaite in 1992 with a sound footing in Insurance Broking.

He attributed this to the Trust and free-hand given to him by the Doyen of Insurance, T.A. Braithwaite to whom he also owes much of his career experience which helped in shaping his professional life. From T.A. Braithwaite to ACEN Insurance Ltd in 1992, Temowo’s career had snowballed into an impeccable one, attaining the position of Deputy General Manager before exiting in 1995 to join International Loss Adjusters Ltd on the demise of his father.

Temowo being sworn in by the Managing Director Lasaco Insurance Plc, Olusola Ladipo-Ajayi
Temowo’s path to Presidency of the Chartered Insurance Institute of Nigeria is paved by a consistent and committed membership of the Institute which includes a record of meritorious service as:

Ø Member and later Chairman of the Offices Representatives’ Committee (ORC).

Ø Member, Governing Council of the Institute, initially as co-opted member being the then Chairman of the ORC and later as an elected member from 2002 till date.

Ø Chairman, Activities Committee

Ø Chairman, Education Committee

Ø Deputy President, CIIN

Ø Chairman, Board of the College of Insurance and Financial Management

Temowo’s watch-word has remained Professional integrity which he says is a quality he also respects in his late father throughout his professional life as a Loss Adjuster.

He is Vice President, African Region for the International Institute of Loss Adjusters, and a Fellow of the International Federation of Adjusters Association.

In light of all of these, it is not surprising that Chieftains and Captains of the Insurance industry attest to his sterling qualities and suitability for the new task awaiting him when on the 19th of June, 2014 he is invested as the 46th President of CIIN. He will then bring to bear, the craftsmanship of a painstaking Underwriter, Broker and Loss Adjuster and, above all, the mien of a selfless and unassuming achiever.

Although, a press-shy person, there will be no hiding place for the Goldfish.

Temowo will emerge distinctive as the only serving Loss Adjuster to be invested as CIIN President come Thursday June 19, 2014.

He says he would not write his life history without giving credit to the following persons who he regards as his role models. They are:

Ø Prof. Ade Adefuye

Ø Alhaji & Alhaja Odunsi

Ø Mr. Amos Adeyeye and

Ø Mr. T.A. Braithwaite.

Each of them, at stages of his life, contributed in shaping his development into the Bola Temowo we are celebrating today.

In all of his successes as a professional, Temowo is also a fulfilled family man. He is married to Mrs. Sola Temowo (Nee Agboola) whom he describes as his soul mate, with a 100% support for him in all his endeavours. They are blessed with two lovely children, Anjolaoluwa and Oluwatooni.

His hobbies include Golf, Table Tennis and Reading.

He is a member of the following social and recreational clubs:

Ø Lagos Country Club, Ikeja.

Ø Ikeja Golf Club (He is a past Secretary of the Club)

Ø Ikoyi Club 1938

Ø Abeokuta Golf Resort

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