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BUSINESS NEWS: Igbiti emerges 51st Insurance institute’s president

BUSINESS NEWS: Igbiti emerges 51st Insurance institute’s president

Publish date: 2022-07-12 23:01:27 | Author: Henry Falaye | Source: punchng.com

The Chartered Insurance Institute of Nigeria is set to inaugurate Mr Edwin Igbiti as its president/chairman of council after the successful completion of Dr. Muftau Oyegunle’s two-year tenure at helm of the affairs.

It said in a statement that the investiture, scheduled to hold this week, would bring Igbiti on board as the 51st president/chairman of council of the premier professional body in the country.

“With an outstanding educational background and many years of professional experience, he has written his name in the sands of history as one of the strongest and renowned voices in the insurance industry and the corporate business environment in Nigeria,” the statement said.

He showed much interest in the insurance business from a very early age and became an Associate of the Chartered Insurance Institute of London in 1990.

In his quest for knowledge, he obtained an Advanced Diploma in Management from the Department of Business Administration, University of Lagos in 1996, and a Master’s Degree in Business Administration from the University of Ado Ekiti, in 2005.

He has garnered professional certifications both within and outside Nigeria such as Executive Leadership Programme of Howard University School of Business as well as Chief Executive and Directors Programme from the Management School in London.

Igbiti is a certified insurance practitioner with the Chartered Insurance Institute of London, a fellow of the Chartered Insurance Institute of Nigeria, a fellow of the Risk Managers Society of Nigeria, associate of the Nigerian Council of Registered Insurance Brokers and a fellow of the Risk Surveyors Association of Nigeria.

He started his professional sojourn at Phoenix Insurance Company as an underwriting trainee before moving to AIICO Insurance Plc.

He rose to the position of the group managing director/chief executive officer, AIICO Insurance Plc in 2013, where he was responsible for running and supervising the affairs of the company and its subsidiaries- (AIICO Pension, AIICO Capital and AIICO Multishield).

Igbiti also served briefly as the managing director of Niger Insurance Plc before moving to Quicklink Insurance Brokers Limited as a top management staff where he is active till date.

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