• Monday, May 27, 2024
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UK firm celebrates Yetunde Ilori’s appointment as President of CIIN

Yetunde Iloro Picture

In the intricate web of the insurance world, there are figures whose presence resonates far beyond the boardrooms and policy documents. They are the luminaries, the visionaries whose every step reverberates through the industry, shaping its trajectory and defining its ethos.

In this spotlight, we find Mrs. Yetunde Olubunmi Ilori ACII, FIIN, a stalwart whose recent appointment as the President of the Chartered Insurance Institute of Nigeria (CIIN) marks a watershed moment not just for her, but for the entire landscape of Nigerian insurance.

Yetunde Ilori’s journey is not merely a tale of professional ascent, but a narrative woven with threads of dedication, resilience, and unwavering commitment to excellence. Graduating from the prestigious University of Lagos with a degree in Actuarial Science, she embarked on a path that would see her become not just a leader in the insurance domain, but a beacon of hope and inspiration for countless professionals.

With over three decades of experience under her belt, Yetunde Ilori’s contributions to the insurance sector are manifold and profound. From her formative years at Trans Nigeria Assurance Co. Ltd. in Ibadan, where she honed her skills and rose to head the Life and Pensions Department, to her tenure at Crusader Insurance and later at AXA Mansard Insurance, where she steered the ship as Chief Executive Officer for an illustrious thirteen years, her journey has been nothing short of remarkable.

But Yetunde Ilori’s impact transcends the confines of corporate corridors. She has been a vanguard of inclusivity and diversity, championing initiatives that foster a more equitable and representative industry. As Chairperson of the Life Offices Committee and a member of various governing councils and boards, she has tirelessly worked towards creating spaces where voices from all walks of life are not just heard, but actively engaged and empowered.

Yet, perhaps what truly sets Yetunde Ilori apart is her unwavering commitment to community and philanthropy. In the wake of personal tragedy, she founded the Rev. Kunle Ilori Foundation, a beacon of hope for over 300 widows, providing them with support and solace in their time of need. Her leadership extends beyond the boardroom, as she took on the mantle of guiding Abiding Word Evangelical Church International in Lagos, embodying the spirit of service and selflessness in all facets of her life.

As Mrs. Yetunde Olubunmi Ilori assumes her new role as President of CIIN, she carries with her not just a wealth of experience and expertise, but a legacy of leadership and compassion that will undoubtedly shape the future of Nigerian insurance. Her appointment is not just a testament to her individual achievements, but a resounding affirmation of the values of integrity, inclusivity, and excellence that CIIN stands for.

In celebrating Yetunde Ilori, we celebrate not just a professional triumph, but a beacon of hope and inspiration for generations to come. May her tenure as President of CIIN be marked by continued growth, innovation, and above all, a steadfast commitment to the betterment of the insurance industry and the communities it serves. Congratulations, Mrs. Yetunde Olubunmi Ilori, on this well-deserved honor.

Amidst this celebration, it’s worth noting the commendation from Dr. Alim Abubakre, Chair of TEXEM UK, a world-class consulting company, who highlights Mrs. Yetunde Ilori’s leadership acuity, versatility, and lifelong commitment to learning. Dr. Abubakre’s words resonate deeply, encapsulating the sentiments of many who recognize Mrs. Ilori’s exceptional contributions to the industry. “May her
impact never fade,” he prays, a sentiment that undoubtedly echoes the hopes of all those touched by Mrs. Ilori’s remarkable journey.

As the Founder of TEXEM UK, I am immensely proud to extend my heartfelt congratulations to you on this remarkable achievement. Your leadership journey embodies the spirit of transformation and empowerment, inspiring countless individuals, especially women, to pursue their dreams relentlessly.

In reflecting on your esteemed position, it’s evident that your wealth of experience, particularly as the former CEO of AXA Mansard, will be instrumental in charting new frontiers for the insurance industry in Nigeria. Your leadership promises to usher in an era of innovation, inclusivity, and sustainable growth, aligning with global best practices.
Drawing inspiration from leading insurance regulatory bodies in emerging countries like India and China, where digitalization and technology integration have revolutionized the industry, I am confident that under your stewardship, the Chartered Insurance Institute of Nigeria will embrace these strategic imperatives. Leveraging technology to enhance operational efficiency, elevate customer experiences, and expand insurance penetration will undoubtedly propel the industry to greater heights.

Ms. Ilori, as you embark on this transformative journey, remember that your vision, courage, and determination will continue to inspire generations to come. Your leadership serves as a beacon of hope and possibility, illuminating the path towards a brighter, more prosperous future for the insurance sector in Nigeria.

Once again, congratulations on this well-deserved appointment. The TEXEM community stands behind you, cheering you on every step of the way.