Chuks Udo Okonta
The President Nigerian Council of Registered Insurance Brokers (NCRIB) Ayodapo Shoderu, has once again called on insurance operators to adhere strictly to ethics and professionalism in the conducts of their businesses.
Shoderu, who disclosed this yesterday at the 2nd Annual Conference and Exhibition of the Ghana Insurance Brokers Association (GIBA) in Elmina, Ghana, said ethics and professionalism constitute the major pivots upon which business success or failures rest, adding that it is a known fact that the foundation of any business behavior is hinged on moral principles and practices of those people involved and the standard set for or by the profession.
"Whilst noting that there exists a thin line between professionalism and Ethics in insurance business, which is our own constituency, it is apposite to note that professionalism connotes the utmost demonstration of integrity and probity. That is, the professional must always display ability to stand up to the test of accountability. He must not do anything that will not stand to private or public scrutiny.
"The professional must be a person of impeccable character who will not compromise moral principles and the ethics of the profession. Professionalism also includes continuous demonstration of competence acquired partly through continuous leaning and personal development," he said.
He urged insurance operators to constantly challenge their regulatory institutions to come up with regulations and laws that are in line with the changing global environment, stressing that in view of the increasing temptations to cut corners or embrace unethical acts, professionals must be vanguards in societal reformation.
He stressed that professionals must realize that they are the conscience of the respective nations where they operate and should therefore, refrain from the temptation of staying aloof in political, social, economic and environment matters.
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