Edwin Igbiti Completes Tenure As CIIN President, Lists Achievements
Mr. Edwin Friday Igbiti has completed his two-year tenure as the 51st President/Chairman of Council of the Chartered Insurance Institute of Nigeria (CIIN).
In his Speech at the Valedictory Service organised in his honour today by CIIN, the outgoing president of CIIN, listed the achievements recorded by the Institute under his Presidency.
Before listing his administration’s achievements, Igbiti rehashed his administration’s theme as, “Building A Sustainable Legacy,” which he said was borne out of the need to build on and sustain the works of Past Presidents of the Institute.
L-R: Chairman of CIICN Valedictory Service organised in honour of outgoing President of CIIN, Mr. Edwin Igbiti, Past President, Ogala Osoka; Director General/Registrar and Chief Executive Officer, CIIN, Mrs. Abimbola Tiamiyu; Incoming President of CIIN, Mrs Oyetunde Ilori and Jide Orimolade, Honorary Treasurer, CIIN, at the Valedictory Service in Lagos on Wednesday, July 17, 2024.
Igbiti said his administration was able to unlock the potential of the Institute by focusing on a three-point agenda: Digital Reinforcement of the Institute’s Operations; Insurance Awareness for All – Grassroots, Youths, and Insuring Public and Infrastructural and Personal Development.
On Digital Reinforcement of the Institute’s Operation, Igibi said “I am happy to say that the Institute under my tenure was able to upscale its membership portal; the Insuresuite where we launched the e-membership Card.”
He said during his tenure the activities of the Institute have been digitalised to encourage hybrid working and enhancement of its service delivery, adding that these accomplishments have tremendously ensured members’ satisfaction as transactions have greatly improved.
Members of CIIN Governing Council with Edwin Igbiti at the Valedictory service in Lagos today.
On Insurance Awareness for All – Grassroots, Youths and Insuring Public, the outgoing President said, …”Under my tenure, the Institute judiciously utilized all its social and educational platforms to create insurance awareness and its many benefits as a profession and as a service.”
He listed other noteworthy programmes of the Institute that took place during his administration including the Insurance Professionals’ Forum, Secondary School Quiz Competition, Nite of Talents, Family Picnic, the Fitness Walk, Ramadan Tafsir, Bootcamp, Christmas Carol, Elders’ Forum, amongst others.
He said these programmes functioned as a viable medium to encourage insurance as a lifestyle, adding that the experiential value of these events continued to provide top-of-mind awareness to insurance stakeholders and the general public.
From left: Past President of CIIN, Mr. Sunny Adeda; Past President of CIIN, Lady Isioma Chukwuma; Past President of CIIN, Dr. (Mrs) Funmi Babington-Ashaye and past President of NCRIB, Barr. (Mrs.)‘Laide Osijo, at the Valedictory Service in Lagos today.
At the International level, he said during his leadership as CIIN President, the Institute held an international executive programme in Frankfurt, Germany.
During the period under review, Igbiti said the Institute’s Secondary School Quiz Competition was held in Lagos, Ogun and Benin respectively.
“Insurance Textbooks were donated to Secondary School students. In the last two years, thousands of copies of the books have been distributed to various geopolitical zones of the country either through the Ministry of Education or directly to schools.
From left: Past President of CIIN, Mr. Eddie Efekoha; and son and wife of Mr. Edwin Igbiti,at the event held today
“Under my watch, the Institute published three editions of the Institute Journal with insurance-related topics on insurance sustainability. The Institute also constantly upgrades the libraries of Insurance Departments in Tertiary Institutions offering insurance as a course with journals and other relevant books,” Igbiti said.
He said under his leadership, the Institute supported all accredited institutions and tertiary institutions that offer insurance as a course of study in Nigeria with journals, adding that the same was extended to all international centres.
“It was a rare privilege for me to have chaired the book launch ceremony of the book titled “When Life Happens” written by Chima Nwachukwu. A book which focuses on bank and insurance fictional series.
From left: Incoming President of CIIN, Mrs. Yetunde Ilori and Honourable Treasurer, CIIN, Mr. Jide Orimolade, at the event today.
“The Institute also partnered with Messrs. Adepegba & Co to compile and publish a compendium of Courts Judgement on Insurance and related Cases in Nigeria Courts – Aide Memoirs for Members (Volume 1), which is aimed to become reference materials for insurance law in Nigeria.
“Recently, the Institute’s Disciplinary Committee Rules for Engagement document was approved and signed as part of the Institute Charter by the Honourable Attorney General of the Federation and Minister of Justice, Justice Lateef Fagbemi, SAN on the 6th day of May 2024. Consequently, the Disciplinary Committee was duly inaugurated on Wednesday, July 3, 2024, and has commenced full proceedings,” the outgoing President of CIIN stated.
On Infrastructural Development, Igbiti said, “I am delighted to state that I was able to upscale the efforts of my predecessors in ensuring that the Institute’s infrastructural standards are maintained and the College of Insurance and Financial Management building was completed to global standards. In the same vein, the development at the Institute’s Victoria Island property is still in process as it is a top priority for the Institute.
L-R: From left past President of CIIN, Oglala Osoka , Chairman of the event and the Director General, CIIN, Mrs Abimbola Tiamiyu
“The Building Committee under my leadership worked tirelessly to ensure we resumed construction work at the site once enough funds were garnered through fundraising activities of the Institute. We have already engaged the services of professionals such as Quantity Surveyor and Construction Engineer to support this plan, all necessary documentation has been signed with the Lagos State government to return to the site,” he said.
Igbiti stated that in the last two years, the Institute has established, strengthened and visited strategic stakeholders in government and some of the foremost traditional institutions in the country as part of its insurance awareness, advocacy and collaboration objectives.
According to him, among the prominent individuals and traditional institutions visited to promote the gospel of insurance were the Edo State Commissioner for Finance, Mr. Joseph Eboigbe, the Benin Traditional Council of Chiefs, and the Alake of Egbaland in Abeokuta, His Royal Highness, Adedotun Aremu Gbadebo III.
From Left: President, Nigerian Council of Registered Brokers (NCRIB), Tunde Oguntade and Deputy President, Mrs Ekeoma Ezeibe, at the event today.
He said the Institute under his leadership organised several conferences and trainings to develop the skills of professionals in delivering quality services to their clients to aid insurance penetration.
Igbiti pledged to remain committed to the Institute to the best of his ability.
Earlier in his Opening Remarks, the Chairman of the occasion, Past President, Sir Ogala Osoka, commended Igbiti for his contributions to the Institute during his tenure.
L-R: Mr. Akorede Johnson, CIIN Insurance Anbassador; Mrs. Adeyinka Adekoya, the immediate past Managing Director of Coronation Insurance Plc (formerly Wapic Insurance Plc) and Managing Director/CEO, Consolidated Holdings Plc, Mr. Eddie Efekoha, at the occasion.
He said “Over the past two years, President Igbiti led our industry with vision and also championed the principles of sustainability, ensuring that our practices today will support and protect future generations. His dedication to advancing our Institute has been nothing short of inspirational.
“Under his leadership, we have seen advancement in insurance penetration through several awareness programmes like Insurance Roadshow, Insurance Nite of Talents, Secondary School quiz competitions, the partnership of the Institute with tertiary institutions that offer insurance as a course of study, production and effective distribution of insurance journals amongst other insurance sensitization programmes. These efforts have fortified the Institute and enhanced our reputation as a trusted and reliable partner in the insurance sector.”
Highpoint of the occasion was the presentation of appreciation plaques by Mr. Igbiti to deserving Insurance Companies, Institutions and individuals for their support to the Institute during his administration.
L-R:Babatunde Fajemirokun MD/CEO, AIICO and Mr. Samuel Ogbodu, MD/CEO, Sunu Assurances, at the the occasion.
Mr. Stephen Alangbo, MD/CEO, Cornerstone Insurance,at the Valedictory Service today in Lagos.
