By Amaka Obiefuna

Insurance industry doyens in Nigeria have been charged to conscientiously and purposefully mentor budding insurance enthusiasts for the next generation professionals.

Speaking at the 2025 Fellows’ Interactive Forum of the Society of Fellows Committee, Chartered Insurance Institute Of Nigeria(CIIN), its Past President, and Chairman, Society of Fellows, Adeyemo Adejumo, who gave this advice said elders in the industry should show themselves approved by eagerly sharing their exceptional expertise and leadership with the young generation.

This, he counseled could be done by attending all programs organized by the Institute, which are basically a time for cross- pollination and fertilization of ideas by shakers and movers of the industry. To him, such a commitment comes with lots of benefits to them and the Institute.

“As fellows, you are recognised leaders, shaping the future of our industry through your innovative ideas, thoughtful leadership, and mentorship. The insurance industry is navigating a complex landscape, marked by emerging risks, technological advancements, and evolving customer expectations.

“We are all aware that AI has come to stay. As fellows, we must stay ahead of the curve, leveraging on our expertise to drive innovation, improve risk management, and enhance customer experience. we have a critical role to play in shaping the industry’s future”

The past president urged the Fellows to leverage their collective expertise to drive innovation and address industry challenges (one of which is declining interest among young people in insurance as a career).

“We need to groom and develop them to become better professionals. The task is on us to guide the next generation of insurance professionals, sharing our experience and insights with talented individuals to help our industry”

With the theme ‘Mentorship and Knowledge Transfer: Sustaining Professional Excellence’ he beckon on them to drive leadership in the industry with high level of integrity no matter what is going on in our society.

Adejumo who enjoined young people to draw from their fountain of knowledge added, “Let us lead by good example and build relationships that will drive our industry forward. Our expertise, leadership, and commitment are invaluable assets to our profession. I look forward to continuing our interactions, driving innovation, excellence, and growth in the insurance industry.”