Wednesday, January 22, 2025
28.6 C
Lagos

$1tn Economy: Experts to Discuss Insurance, Pension Impact at NAIPE Confab

The Nigerian Association of Insurance and Pension Editors (NAIPE) has unveiled panelists for its 2024 national conference.

The panelists, comprised of experts from key sectors of the economy including insurance, Pension, and Capital Market, will discuss and analyse the theme of the Conference “Towards A $1 Trillion Economy: Roles of Insurance and Pension Sectors.”

The panelists include Mr. Tunde Mimiko, Managing Director/CEO, Sanlam Life Insurance Limited; Mr Adeyemi Mayadenu, Executive Director, Technical, NEM Insurance Plc (General); Mr. Wale Okunrinboye, Chief Investment Officer, Access Pensions; Mr. Oluseye Olusoga, Managing Director/CEO, Parthian Partners Limited and Mr. Oguche Agudah, CEO, Pension Fund Operators Association of Nigeria (PenOp).

This year’s edition of the NAIPE national conference which is 9th in the series will take place on October 8, 2024 at Oriental Hotel, Lagos by 9 am.

The former Commissioner for Insurance/CEO, National Insurance Commissioner (NAICOM), who is also the former Managing Director/CEO, FBS Reinsurance Limited, Mr. Fola Daniel, will chair the conference. At the same time, the Managing Director/Chief Economist, Analysts Data Services and Resources, Dr. Afolabi Olowookere, will deliver the theme paper.

The Special Guests of Honour for the Conference will be the newly appointed Commissioner for Insurance/CEO, NAICOM, Mr. Olusegun Omosehin and the Director-General of the National Pension Commission (PenCom), Mrs. Omolola Bridget Oloworaran.

The event will bring together stakeholders in the insurance and pension sectors to discuss the importance of the sectors’ contribution to the $1 Trillion Economy projected by the present administration for achievement by 2026.

It would be recalled that President Bola Ahmed Tinubu while attending the 29th Session of the Nigerian Economic Summit Group (NESG) in 2023, promised to grow the nation’s economy to $1 trillion by 2026.

Presently the main drivers of the economy are crude oil, agriculture, services and manufacturing.  As the various sectors of the country’s economy increase the tempo of economic activities to meet the set target, there will be opportunities thrown up, therefore the insurance and pension sectors must be ready to take advantage of those opportunities.

While Insurance sector is expected to provide the needed support in terms of protection against risks that may likely crystallise during the period and beyond, Pension Sector on the other hand is expected to take care of the welfare of the workers by ensuring proper management of workers pension contributions and timely payment of pensions to retirees.

The Chairman of the Occasion, Mr. Fola Daniel is an astute professional in the Nigerian insurance and pension sectors; while the Keynote Speaker, Dr. Afolabi Olowookere is a renowned economist.

Commenting on the theme of the conference, NAIPE Chairperson, Mrs. Nkechi Naeche-Esezobor, said the theme of the conference was carefully chosen to draw the attention of the operators of the two sectors to the realities on the ground, especially regarding what they need to do to remain relevance in the unfolding economic situation in Nigeria.

Esezobor noted that not less than 250 stakeholders from the insurance, pension, finance, organised private sector and trade Unions and Associations would attend the conference.

spot_img
spot_img
spot_img

Hot this week

Linkage Assurance CFO Becomes Pioneer Chairman of ICAN-NIA Chapter

L-R: Bola Odukale, Director-General/CEO, Nigerian Insurers Association (NIA); Etofolam...

NAICOM, Police Partner on Enforcement of Third Party Motor Insurance

The Commissioner for Insurance and Chief Executive Officer of...

Fidelity Bank Strengthens Leadership with New Board Appointments

In a strategic move to sustain its impressive performance,...

PenOp Explains the Contributory Pension Scheme Process in Nigeria

Understanding How Monthly Pensions Are Paid to Retirees Under...

Sovereign Trust Insurance Receives Appreciation Plaque from Atinuke Cancer Foundation

L-R: kayode Adigun, Executive Director, Finance and Corporate Services;...

Topics

Danbatta Lauds Swedish Govt, Ericsson for Sustained, Remarkable Partnership

L-R: Country Manager and Managing Director, LM Ericsson Nigeria...

FinTech in Africa Targets $3bn by 2020

Millions more people in Africa now have access to...

Ingenico Deploys Cashless Revenue Collection Solution in Kenya

Ingenico Group, the global leader in seamless payment, deployed,...

Sub-Saharan Africa Growth Declines 2.5% in 2016

The World Bank Group says growth in Sub-Saharan Africa...

World Bank Selects Davis Malpass as 13th President

The World Bank has announced the unanimous selection of...

Adeosun:‘Commitment to Accountability, Transparency Non-Negotiable’

The Minister of Finance, Mrs. Kemi Adeosun has challenged...

Insurers Launch ‘Live With Freedom’ Campaign to Grow Market

The insurance industry in Nigeria has collectively launched ‘Live...

AfriTech 2020: Sanofi Selects 11 Start-ups for Online Finale on June 11

  Following the cancellation of the 2020 edition of Viva...
spot_img

Related Articles

Popular Categories

spot_imgspot_img