NAICOM boss urges completion of CIIN building, 30 years after
By Asishana John
Commissioner for Insurance, Mr Sunday Thomas, on Tuesday appealed for support of operators and stakeholders for completion of the Chartered of Insurance Institute of Nigeria (CIIN) office building in Victoria Island, Lagos.
Thomas, also Chief Executive Officer, National Insurance Commission (NAICOM), made the appeal at the commissioning of Auditorium NAICOM Hall at College of Insurance and Financial Management (CIFM), Asheeshe, Lagos/Ibadan Expressway.
He said the CIIN’s office building, whose foundation was laid over 30 years ago, was overdue for completion.
According to him, the same commitment that delivered CIFM with its infrastructure can do it.
The commissioner noted that the commissioning of the college’s Auditorium NAICOM Hall was the outcome of a carefully thought-out need of the college by CIIN with the financial support of the commission.
“NAICOM is thus elated at its completion and the expected service it will deliver to the industry and the public.
“The auditorium will facilitate the mass quality training of insurance professionals/agents and as well provide adequate facility for conducting the CIIN professional examinations.
“The completion of this 1,500 seating capacity multi-purpose auditorium will undoubtedly be a value-addition not only to the college but the entire insurance sector of the Nigerian economy.
“It is a firm belief that you will put this infrastructure to good use for the benefit of all stakeholders,” he said.
Thomas commended Sir Muftau Oyegunle, President and Chairman of Council of CIIN and members of the council for delivering on the project in a good time.
He congratulated Mr Eddie Efekoha, immediate past president of the CIIN under whose tenure the process of actual construction of the auditorium was started.
He also lauded Elder Edwin Egbiti, Chairman of the Governing Council of the college as well as the Rector, Dr Yeside Oyetayo, for their commitment, doggedness and resilience in ensuring completion of the auditorium.
The commissioner promised that NAICOM would continue to extend her full support to all deserving stakeholders in the industry in their drive for insurance business growth and development.
Thomas emphasised that the commission is open to new ideas and shall continue to introduce new reforms and initiatives in line with international best practices that would strengthen its institutions.
He said the commission is strategically focusing on human capital development anchored on relevant upscale of skills, digitalisation and product innovations for effective and efficient services delivery.
“The commission is internalising the human capital development initiative through the effective plan of action for the takeoff of its academy.
“We will soon be requesting for assistance of erudite scholars in the industry to fill the academy,” he said.
