Without mincing words Chief (Dr) Oladele Fajemirokun, has charged the 51st president of the Chartered Institute of Nigeria (CIIN), Mr. Edwin Igbiti, to take the insurance industry out of the back waters of the national economy where it is contributing a paltry one per cent to the gross domestic product of the nation.
Fajemirokun who was the chairman at the mid month investiture ceremony in Lagos, said its not yet uhuru “for the insurance industry in Nigeria today, in spite of all the stringent efforts being made by the operators as well as professionals.”
Concerned but not deflated by the insurance lows, he said the Council choice of Igbiti to change the narrative was apt, “considering his professional standing and long years of experience in the industry,” and he commended the huge strides the industry has continued to make “towards ensuring that this narrative is changed and permanently too.”
He said the CIIN president “has the character, competence and experience to give progressive leadership to the CIIN,” noting that it was heart warming for him to see “that a person in the mould of Edwin is taking over the mantle of leadership of the institute at this crucial period.”
Firm that the Council choice was right, Fajemirokun said, “in the course of our intimate relationship, I found Edwin to be a professional to the core, a humble personality, always willing to learn and also someone who puts a lot of practical life to what he believes in.”