The new President/chairman of Council, Chartered Insurance Institute of Nigeria(CIIN), Mrs. Yetunde O. Ilori, has sought the backing of the founding fathers, past presidents of the institute and other doyens in insurance to transform the insurance sector. 

In an acceptance speech during her investiture as the 52nd president, she confessed she could not do the work alone as the leader, hence the need for experts in the sector to lend her helping hands to lead our Institute into a new era of growth, innovation, and excellence. 

Ilori assured that the sector must come out of the current economic crisis a better industry than it got in, therefore, there is real urgency to get this done. “The industry in Nigeria has no semblance of what we have in some developed climes. I must say this is the 3rd time in the last 2 decades that enormous amount of money is spent in charting a course to transform the industry. 

“It is time to execute the strategy, we all (all arms) have put together, and it should not be wasted. It will be a shame to have someone from outside the industry to come and fix our pieces together and give us the edifice we have always longed for. It is not mere coincidence that I am appearing on the stage of life as part of the orchestra that will be playing for now. I love the scripture that says “a wise woman builds…..”, as a woman, I believe I am created to build  and by His grace I will”

“It is not time to fizzle out. You are still very relevant in the scheme of things. It is also time to give the young brains a voice, the members in diaspora will not be side-lined either. I believe that together, we can overcome any challenges that come our way and achieve our goals.

“I look forward to working with all of you in making CIIN a beacon of excellence not only in the insurance industry in Nigerian but in the Global professional landscape. Let us embark on this journey together and make history by shaping the future of insurance in Nigeria” she implored.