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Adeosun, Kari for NIA Chairman’s Investiture on Aug 16

Mr. Eddie Efekoha Chairman Nigerian Insurers Association
Mr. Eddie Efekoha Chairman Nigerian Insurers Association

The Nigerian Insurers Association [NIA] will hold an investiture luncheon in honour of its 22nd Chairman, Mr. Eddie Efekoha, on Tuesday, August 16, 2016 at the Grand Ball Room, Eko Hotel & Suites, Victoria Island, Lagos at 11.30 am prompt.

According to a statement by the Director – General of the Association, Mr. Olorundare Sunday Thomas, the investiture ceremony presents yet another wonderful opportunity for the Association to showcase the insurance industry and forge closer ties with the government, investors and other critical stakeholders.

He stated that Insurance Chief Executives, Investors, stakeholders and other corporate players are expected to grace the occasion.

They include Mrs. Kemi Adeosun, the honourable Minister of Finance, Alhaji Mohammed Kari, Commissioner for Insurance, and members of Insurance Committees of both Chambers of the National Assembly. Dr. Layi Fatona, the Managing Director of Niger Delta Exploration and Production Company will be the Chairman of the event.

The formal investiture ceremony follows the election of Mr. Efekoha for a two-year tenure at the Association’s 45th Annual General Meeting [AGM] which was held on Thursday, June 30th 2016.

Other executive members of the Association elected at the AGM include Mrs. Yetunde Ilori, Deputy Chairman, Messrs. Tope Smart and Ganiyu Musa as Honorary Treasurer and Assistant Honorary Treasurer respectively.

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Considering the contests Nigeria has experienced to have candidates elected into political offices this year, I would sometimes wish that other offices, though professional but equally political, undergo such contests involving manifesto-based campaigns and broad consultation with stakeholders. More than the just concluded elections, the emergence of a new Commissioner for Insurance (CFI) and helmsman of National Insurance Commission (NAICOM) through appointment by the President matters and should matter for many Nigerians. This is because the Nigerian insurance industry bears the promise of employment to increasing number of young job seekers, the opportunity of long term investible funds as we enhance our infrastructural base and the hope for improvement in the management of the emergent risks associated with decisions concerning our national economy.
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