June 23, 2009

CIIN awards Fellows to Koroma, Adejumo

By Patience Saghana
Chartered Insurance  Institute of Nigeria (CIIN) last week honour President of Sierra Leone, Ernest Bai Koroma and the immediate past president of the institute, Mr Adeyemo Adejumo with award of fellows of the institute.

The Sierra Leonean President is being honoured as an outstanding insurance professional, who excelled in politics as head of a sovereign country whilst Adejumo was honour for having served the two for two years and changing the face and fortune of the insurance industry training arm. The CIIN had invited the Sierra Leonean President as special guest speaker at its 2009 International Education Conference and Golden Jubilee Anniversary Lecture as he delivered a lecture on the conference theme: “The CIIN At 50: Insurance As A Vehicle For National Development.”

The Chartered Insurance Institute of Nigeria has existed since August, 1959, though on a part_time basis, until the appointment of a substantive Registrar/Chief executive in December 1987 and the subsequent development of the Secretariat, thereafter. Since inception the institute, has through various programmes and activities, catered for the academic progression of members in sitting for the examination of the Chartered Insurance Institute of London.

Mr Adeyemo Adejumo, immediate past  President and Chairman of Council, Chartered Insurance Institute of Nigeria (CIIN), will this month quit as the helmsman of the CIIN, a position he had occupied for past two years. It is indeed two years of quality service to the Institute, which pride itself as one training centre that any professional body can boast of.

Formed in 1959, the Institute has produced world class insurers. But the institution was further taken to a greater height by Mr Adejumo, who is also the Managing Director and Chief Executive Officer of the Continental Reinsurance Plc.
He is one of the very few chief officers in Nigerian industry that deserves every accolade that he gets. Mr Adejumo has conscientiously worth his part and duties to the point that he now stand tall among his peers.

Those who will want to describe the chief executive as the crown price of the insurance business may have their good reason. The mere fact that Adeyemo has associated himself with everything that is successful points to the fact that he constitutes a major building block for sectoral growth.