• Wednesday, June 26, 2024
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BusinessDay

Oyegunle CIIN president promises to reinforce professionalism, ethic in insurance industry

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The President of the Chartered Insurance Institute of Nigeria (CIIN), Muftau Oyegunle has said that the focus of his tenure will be reinforcement of Professionalism and Ethics in the insurance industry, even as COVID-19 forces a new work culture

Oyegunle who made the disclosure during his investiture as the 50th President of the CIIN held via virtual said the theme of his tenure will be ‘Reinforcing Professionalism and Ethics in the New Order’.

Oyegunle who set a Sixpoint agenda gave the theme of his administration as “Reinforcing Professionalism and Ethics in the New Order,” noting that the choice of the theme is borne out of the need to establish a rolling plan which will guarantee that even in the face of current global uncertainties, the Institute will continue to meet the needs of members.

The Six-point agenda of his administration, according to him include Digital Transformation of the Institute; Reinforcement of the Relevance of Professionalism; Re-energizing the Institute’s Administrative Structure; Insurance Awareness and Youth Mentorship Initiatives; Infrastructural Development and Advocacy and Collaboration with various Associations in the Private Sector.

On his action plan aimed at actualizing the Digital Transformation of the Institute, he said his tenure will ensure completion of the Institute’s computerization projects; Continuation of the E-library project and Commencement of E-examinations.

To ensure reinforcement of the relevance of professionalism in the industry, he said his administration will conduct survey aimed at bridging the gap of the Technical Skills of insurance professionals; harness the Knowledge of Insurance senior professionals as well as commence technical research for the Insurance Industry.

In order to re- energize the Institute’s administrative structure, he said his administration will ensure collation of the regulations and procedures of the Governing Council; realignment of the

Committees of the Council and their functions; manpower review and training and set new service delivery benchmarks..

Other plans of his tenure, according to him include, upscaling distribution of Insurance Textbooks to Secondary Schools; donation of Insurance Course books to Insurance Department in Tertiary Institutions as well as consolidate youths empowerment and Mentorship Initiatives in order to actualize insurance awareness and Youths Mentorship Initiatives of the Institute.

On infrastructural development, Oyegunle said his administration will work assiduously for the completion of the College of Insurance and Financial Management’s auditorium and move the Victoria Island project to habitable stage.

He said he will raise the bar of advocacy and collaboration with various Associations in the Private Sector. The CIIN boss said the institute will continue to strive even in the face of Covid-19, adding that developments in the world today call for collaborative efforts to reinforce professionalism.