“Today as I willingly, without coercion accept to be the 52nd president of the Chartered Insurance Institute of Nigeria, the 8th woman to take on the role, I know expectations are high.”
That was a clear shot by the 52nd President/Chairman of Council CIIN, Mrs. Yetunde Ilori as the mantle of leading the spread insurance professionals was placed on her shoulders.
Drawing inspiration from the scripture that says “a wise woman builds” the odds notwithstanding, Ilori reminds all that, “I am coming on board at a time when economically it looks like the world is coming down.” But despite the uninspiring picture of the economy, the push to fix make her exhales this, “We must come out of economic crisis a better industry than we got in and there is real urgency to get this done.”
Admitting the wrong detour the industry had made from the development chart, Ilori said, “The industry in industry has no semblance of what we have in some developed climes.”
On the capital injection to strengthen the underwriting strength of the insurers and reinsurers, reminds of the several times this has been done, but now believes now is the time to execute in best fashion. “I must say this is the 3rd time in the last 2 decades that enormous amount is spent in charting a course to transform the industry. It is time to execute the strategy , we all (all arms) have put together, and it should not be wasted. It will be a shame to have someone from outside the industry to come and fix our pieces together and give us the edifice we have aiways longed for.”
Believing that the decades of moulding into a resilient woman would match the task set she remarked, “It is not a mere coincidence that I am appearing on the stage of life as part of the orchestra that will be playing for now… as a woman, I believe I am created to build and by His grace I will.
