CIIN Tasks Insurance Professionals on Industry Revolution, Business Landscape

Sir Muftau Oyegunle, President, Chartered Insurance Institute of Nigeria (CIIN) says the insurance industry in Nigeria is undergoing a revolution, meaning that industry professionals must be ready to scale the challenges of the operating environment to remain in business.
Speaking at the 2021 induction ceremony of the CIIN in Lagos, Oyegunle said:
“The insurance industry is undergoing a revolution and our ability to dig in and dig deep during this defining period will ensure that we are not swept away by the turn of events. We aware of the ever-changing demands of the dynamic business environment and I can assure you that considerable effort is being put in by the Institute to remain relevant to the modern-day professional as a leading light to insurance practitioners in the country and beyond it. Ultimately the goal is to ensure that insurance practitioners retain the competitive edge that will see them perform at optimal levels in order to tackle the current challenges in the business landscape and to stand out successfully. In all we do, our job is to bridge the divide and make a difference in our industry for the growth of our country.”
The CIIN President said the Institute’s professional examinations since inception have served as a springboard for outstanding practitioners to launch and distinguish themselves into the core of the insurance industry.
“It is extremely important to point out that by attaining our professional qualification, you have become custodians of the ethics and codes of practice of our noble profession. The purpose of the Institute’s code of ethics is to set forth the values, principles and standards that will guide the conduct of all insurance practitioners.”
He urged insurance practitioners in the country to act as lifetime ambassadors of the industry by upholding the creed and replicate all that it represents in their endeavors.
“Who you are and the principles you uphold are some of the things that make you stand out as a leader and a truly successful professional.”

Hot this week

Ecobank Marks 14th Ecobank Day Across Nigeria, Empowering Students with Digital Skills for the Future

Hope Fountain Foundation for the Deaf, Agege, Lagos. Ecobank Nigeria...

Leadway Named Insurance Company of the Year at 2026 BusinessDay BAFI Awards

L–R: Chief Executive Officer, Creato Urban Limited, Odion Aleobua;...

Emergency: Rising Prices Worsen Nigeria’s Food Insecurity—Orodata

Rising food prices and the high cost of nutritious...

Fidelity Bank Excels at 2026 BAFI Awards, Wins Two Awards

L-R: Mobolaji Sunmoni, Team Lead, Upstream; Abimbola Ogunyemi, Team...

Fidelity Bank: Celebration of Beauty Industry Excellence

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Nneka Onyeali-Ikpe...

Topics

NCRIB Visits NAICOM Chief, Segun Omosehin, in Abuja

L-R: The Executive Secretary/CEO, the Nigerian Council of Registered...

HEREL Partners Africa Creative Market to Empower African Creatives

L-R: Olaposi Lawore, Yetty D Ogunnubi, Deola Aromiwura, and...

Business Journal Insurance Summit for Nov. 17

Alhaji Mohammed Kari, Commissioner for Insurance, National Insurance Commission...

Maersk Sets Net Zero CO2 Emission Target by 2050

A.P. Moller -Maersk aims at having carbon neutral vessels...

Insurance Meets Tech Confab 2.0 Set for Sept 28

The second edition of the Insurance Meets Tech (IMT)...