By Tony Obiechina, Abuja
The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Mr Olusegun Ayo Omosehin has restated the Commission’s commitment to aligning the industry with the Renewed Hope Agenda of the present administration to grow the economy to $1 trillion by 2030.
The NAICOM Boss who stated this at the Investiture of the 52nd President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs Yetunde Ilori in Lagos on Tuesday, said “at NAICOM we view the institute as one of our veritable partners in the development of the much needed skilled-professionals in the course of achieving this goal “.
Continuing, he said, “is therefore imperative to reiterate our continuous support to the institute in the discharge of its responsibilities and look forward to exploring additional mechanisms of enhancing the existing relationship with the Institute and in facilitating improved perception, transparency and public confidence in the insurance industry”.
While congratulating Mrs Ilori and the entire insurance community, Mr Omosehin prayed that her tenure will be marked by significant achievements, adding that “your leadership will leave an indelible mark on the institute and the industry at large”.
He said her election makes her the perfect choice at this critical time to lead the Institute to new heights, fostering a culture of continuous improvement, growth and innovation.
“I am optimistic and confident that under Mrs Ilori’s leadership, the Chartered Insurance Institute of Nigeria, will continue to promote professionalism, uphold ethical standards, and foster educational development within the insurance industry.
“Leadership in the insurance sector is more critical now than ever before as we navigate a world of significant economic challenges and great opportunities. Hence, the insurance industry must continue to evolve and adapt to meet the changing dynamics of our society”, he added.
He reiterated NAICOM’s continuous support to the institute in the discharge of its responsibilities and look forward to exploring additional mechanisms of enhancing the existing relationship with the Institute and in facilitating improved perception, transparency and public confidence in the insurance industry.

