Insurance

159 professionals join insurance workforce

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From left: Immediate Past President, Chartered Insurance Institute of Nigeria(CIIN), Past Mr. Bola Temowo; President, CIIN, Lady Isioma Chukwuma and Deputy President, CIIN, Mrs. Funmi Babington-Ashaye at the 2015 Graduation Ceremony of the institute in Ikeja, Lagos.

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Chuks Udo Okonta

The Chartered Insurance Institute of Nigeria (CIIN) today inducted 159 graduands as Associates and admitted six Associates to the Society of Fellows.

Its President Lady Isioma Chukwuma at the institute’s 2015 graduation and awards ceremony in Lagos, urged the associates and fellows to upheld the tenets of the profession, stressing that all Certificates issued by the Institute remain the Institute‚Äôs property and could be withdrawn from the holders if the Institute has good reasons to do so.

She noted that the Institute reserves the right to withdraw its certificate from any holder, if it discovers any breach of the examination process, adding that other reasons for such withdrawal of certificates could emanate from unethical conduct or any act(s) that could bring the Institute and indeed the profession into disrepute.

She said the ideal of an Ethical and Professional Best Practice is being pursued by the Institute to reposition and reinforce the integrity of the profession.

“I must assert, on this occasion, that the attainment of professional qualification should not be seen as an end in itself. It therefore behoves all holders of the qualifications to be mindful of the importance of Continuous Professional Development.

“As you are aware, the MCPD has become institutionalized with varying degrees of enforcement by most professions. In our own case, it engenders a scheme which requires all members to locate themselves in the point scoring scheme, hence it is referred to by our Institute as the Mandatory Continuous Professional Development (MCPD) programme. Professionals should not exempt themselves from this scheme under any guise,” she said.

Chukwuma maintained that the MCPD is, unarguably, an inalienable part of the professional education and development and should be treated as such.

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