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CIIN Inducts 18 Fellows, 166 Associates to Lead Sector’s Growth

Cross Section of Inductees taking oath of allegiance at the Year 2024 CIIN Induction Ceremony at the College of Insurance and Financial Management, Aseese, Ogun State.

ADDRESS BY MRS. YETUNDE ILORI, FIIN PRESIDENT/CHAIRMAN OF COUNCIL, CHARTERED INSURANCE INSTITUTE OF NIGERIA AT THE YEAR 2024 INDUCTION CEREMONY HELD AT COLLEGE OF INSURANCE AND FINANCIAL MANAGEMENT (CIFM) ASEESE VILLAGE, OGUN STATE ON DECEMBER 11, 2024.

It is with great privilege and honor that I welcome you all to the Year 2024 Induction Ceremony of Associates, Post-Qualifiers and Fellows into the foremost Insurance Institute in Nigeria. The 19th induction Ceremony of the 61st edition of the Institute’s examination.

I would like to extend my heartfelt congratulations to the INDUCTEES. Becoming an Associate, a Post Qualifier or a Fellow of this esteemed Institute is no small feat. It represents years of hardwork, dedication and unwavering commitment to the principles of excellence, ethics and professionalism that are the cornerstone of our Industry.

Today, as we induct 166 Associates and 18 Fellows into the ranks of the Chartered Insurance Institute of Nigeria, we are not just honoring your academic and professional accomplishments; we are also recognising your potential to lead, innovate and contribute to the continued growth and development of the Nigerian Insurance sector.

Your journey to this point has been marked by intense training, rigorous examinations and the application of knowledge in real-world situations and this induction ceremony is not the end of the road—it is the beginning of another era. An epoch where you are entrusted with upholding the integrity of our industry, advancing its values and contributing to its future success.

The Insurance industry, a customer-centric space plays a pivotal role in ensuring the economic stability of any nation. It provides the safety net that individuals and businesses rely on, offering protection against unforeseen risks and empowering people to build their futures with confidence. This can only happen when we, as professionals, adhere to the highest standards of conduct and continuously strive for excellence.

While today is a day of celebration, it is also a reminder of the responsibility that comes with being a member of this prestigious Institute. As you join the ranks of Associates. Post-Qualifiers in the Loss Adjusting Route and Fellows, you are expected to be ambassadors for the industry—advocates for its growth, its relevance and its ability to meet the needs of society.

At an Institute, we are committed to fostering a professional environment that upholds the highest standards of education, professionalism and ethical conduct. Our collective vision is to create an insurance sector that is not only resilient but also responsive to the ever-evolving needs of the Nigerian people.

This vision is at the heart of our EPIC Agenda—Education, Professionalism, Institutional Recognition, and Capacity Building. These four pillars guide our initiatives and inform the work we do to elevate the standards of the industry.

As you embark on your professional journeys, I urge you to reflect on the values that have brought you this far and continue to uphold them as you take on leadership roles. Let these values be the foundation upon which you build your careers and the Insurance sector as a whole. It is pertinent to appreciate the presence of our Guest Lecturer, Mr. Modupe Odunayo Bammeke, we are grateful for the honour.

I want to extend my sincere gratitude to the family members, friends, mentors and colleagues who have supported our Inductees on their individual journeys. Your unwavering support has played a pivotal role in their successes, and today’s achievement is as much yours as it is theirs.

I would also like to thank our esteemed facilitators, examiners and all those who have contributed to ensuring that Chartered Insurance Institute of Nigeria remains a beacon of excellence and a model for professional development.

Once again, congratulations to all our new Associates, Post-Qualifiers in the Loss Adjusting Route and Fellows. You are now part of an esteemed group of professionals who shape the future of our industry. We look forward to seeing the great contributions you will make to the Insurance sector and to the Nigerian economy as a whole.

I have no doubt that, together, we will build an enviable future for the Nigerian Insurance industry.

Thank you, and may your journey ahead be filled with success, fulfillment, and continued growth.

 

Mrs. Yetunde O. Ilori, FIIN

President/Chairman of Council

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