By Patience Saghana
Chartered Insurance Institute of Nigeria (CIIN) has concluded all arrangements to extendÂ its partnership and exchange programme to six countries.
Mr Sunny Adeda, CIIN President disclosed this atÂ a press briefing lastÂ weekend,
He said, “The Chief Executive officers’ exchange programme for 2010 is scheduled for India from 22nd to 30th October.Â We have also scheduled the Annual Seminar for CEO’s and the top echelon of the Industry for April.Â This will be in conjunction with the Lagos Business School (LBS) of the Pan African University.”
“I am also pleased to announce that Council is desirous of increasing the offshore examination centers from the initial one in Banjul, The Gambia to three, with plans for centers in Ghana and Sierra-Leone and Liberia”
He said, “CIIN has continued to gauge the pulse of developments in the financial services sector and, especially the global financial realities which have made obvious, the vulnerability of the economies of nations, including ours”.
“We have therefore remained resolute in the enthronement of the codes of good corporate governance and best practice.Â This we are pursuing through the continuing deployment of our training and retraining modules to keep insurance managers abreast of the global dictates of good business governance”
CIIN and the Insurance Institute of India have begun a partnership which geared towards helping both bodies to increase the pace ofÂ human capital development.
The proposed partnership was a fallout of the visit of the Director-General of Insurance Institute of India, Mr Sherwak Gidwani to the country on the invitation of the CIIN in 2009.
Mr AdegboyegaÂ Adepegba, Director-General of the CIIN said, “We have maintained a good relationship and partnership with the Charted Insurance Institute, London, and have commenced a relationship with Insurance Institute of India. Just like we are into pact with South African Insurance Institute, we wish to foster better human capital and exchange programmes with other insurance institutes in other countries.”
During his visit to the country last year, Mr Gidwani told Vanguard that he was impressed with the Institute, the organisation of its conference and the turnout of insurance professionals at the 2009 International Conference of the CIIN, adding that he wished that the relationship would further be enhanced.
He said the Insurance Institute of India would not hesitate to go into future alliance on human capital development and exchange programmes with the institute for the overall interest of building qualified manpower for the insurance sectors of both countries. Gidwani who presented a paper on,
‘The Insurance Profession, Professionalism and the Burden of a Paradigm Shift’ restated that the CIIN could also collaborate with other educational bodies within and outside the country in order to enhance insurance education.
According to him, “The industry must share the vision to shape professionalisation, to conquer the present and future challenges in the development of insurance industry by institutionalizing development, research and dissemination of relevant knowledge.”
Insurance industry in Nigeria, Mr Gidwani advised, should endeavour to spread its tentacles on a global scale. “Go Global. It encourages transparency, openness and long-term view of business and competition.”
It would be recalled that CIIN partnered with Academy of Hearing of South Africa (AOLSA) to organise the first exchange programme for top echelon of the industry thus updated them on developments in other parts of the world.
The programme lasted for one-week exchange programme in Johannesburg, South Africa.
Adepegba said, “We started with South Africa, and our objective is to expose the target audience to the workings of the insurance industry in the country. The exchange programme will afford them the additional opportunity of not only exchange knowledge, ideas, but also relaxing”.