Insurance

CIIN inducts 7 fellows, 245 associates

Head, Technical Division, Fin Insurance Limited, Mrs. Joyce Odiachi being decorated as a Fellow by Sir. Oyegunle at the event.

* Delights over 10 international graduands

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Chuks Udo Okonta

The Chartered Insurance Institute of Nigeria (CIIN) today, inducted seven fellows and 245 associates into the league of underwriting professionals.

The President of CIIN, Sir. Muftau Oyegunle at the event in College of Insurance and Financial Management (CIFM) Asese, Ogun State, said international graduands, were also inducted.

According to him, six of the associates were from Cameroon, three from the Gambia and one from Rwanda.

“On behalf of the Governing Council and the Institute’s Secretariat, I would like to congratulate the celebrants of today, seven fellows, 245 associates and awardees on your induction as Fellows and Associates of the Chartered Insurance Institute of Nigeria and/or the receipt of professional awards.

“Let me particularly commend our international graduands; we have six from Cameroon, three from the Gambia and one from Rwanda. This is no mean feat and should give you joy and a sense of achievement,” he said.

Oyegunle noted that the professional qualifications is a source of pride to the Institute and its members, whilst welcoming the inductees to the prestigious club of Insurance professionals.

“Permit me to specially recognize one of our celebrants today, His Excellency, President Muhammadu Buhari, GCFR and Commander-in-Chief of the Armed Forces, who on Thursday, 14th October, 2021 was physical inducted as the Patron and Honourary Fellow of our great Institute,” he submitted.

He maintained that there is a need for professionals to aggressively equip ourselves with skills and knowledge that would ensure that they remain valuable assets wherever they find themselves, stressing that there is no gainsaying about the fact that only professionals with requisite knowledge, skill and technological knowhow will survive in this ever-changing world they have found themselves.

He said completion of the Institute’s examination and induction as Fellows and Associates of the Institute does not put an end to the quest for knowledge. He thereby urged them to take advantage of the Mandatory Continuous Professional Development (M.C.P.D) programmes offered by the Institute in addition to other post-qualification training courses.

“Similarly, the College of Insurance and Financial Management (CIFM) continues to offer relevant courses and programmes especially in the emerging classes of insurance business.

“I therefore urge you all to seize such opportunities to update yourselves and remain relevant in the industry,” he said.

The CIIN boss said the upcoming April 2022 CIIN diet examinations would bring about the complete transition into the new CIIN syllabus in all the stages of the examination.

According to him the Institute’s goal is to ensure that insurance practitioners stand out successfully and are well equipped to perform to optimal levels in order to tackle the current challenges in the business landscape.

He charged the associates to be of ethical behaviour, noting that all certificates issued by the Institute remain the Institute’s property and can be withdrawn from the holders if there is good reason to do so.

“You are receiving the certificate because you have been found ethically and intellectually qualified to represent the Institute. This policy remains in force, and I sincerely hope that you will not create a situation where the Institute is forced to exercise its authority to withdraw your certificate,” he submitted.

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