CIIN warns newly inducted professionals, others against unethical behaviour

Favour ObiemekaAs the Chartered Insurance Institute of Nigeria (CIIN) inducts 143 Associates and five Fellows into the Institute, the President, Mr Eddie Efekoha has warned professionals against unethical behaviour.He spoke during the institutes 2019 Graduation and Fellowship Awards Ceremony held in Lagos.While presenting certificates to the newly inducted members, Efekoha said all certificates issued by the institute remain its property and could be withdrawn from the holders if the institute has good reasons to do so.He noted that a further reason for such withdrawal of certificates could emanate from acts unexpected of a holder of the institutes professional qualification and unethical behaviour.This policy according to him, remains in force and hope that there will not be an occasion where the institute is required to withdraw certificates of any member.He stated that the professional qualifications are a source of pride to the institute and all its members.He said: It is extremely important to point out that by attaining our professional qualification, you have become custodians of the ethics and codes of practice of our noble profession. The purpose of the institutes code of ethics is to set forth the values, principles and standards that will guide the conduct of all insurance practitioners. The mantra of the institute remains focused around repositioning and reinforcing the integrity of our profession. As lifetime ambassadors of the insurance practice, I urge you to uphold this creed and replicate all that it represents in your endeavours. Who you are and the principles you uphold are some of the things that make you stand out as a leader and a truly successful professional.He said it is clear that the potential of the financial services sector which includes insurance is great.As professionals, the task before us is for creativity to drive our thoughts and equally refrain from wasting time trying to reinvent the wheel. Technology is creating more platforms and there is the need for creativity to lead in order to maximise these platforms and benefit from the gains that they hold. We are aware of the ever changing demands of the dynamic business environment and I can assure you that considerable effort is being put in by the institute to remain relevant to the modern day professional as a leading light to insurance practitioners in the country and beyond it. Ultimately the goal is to ensure that practitioners retain the competitive edge that will see them perform at optimal levels in order to tackle the current challenges in the business landscape and to stand out successfully, he added.The Guest Speaker, Rector, College of Insurance, Dr. Mrs. Yeside Oyetayo, while speaking on the theme: Disruptive Insurance Professional, urged the new associates and fellows to create disruptive innovation in the industry.She charged them to look at the insurance value chain to see the areas that needs disruption, which is to add value.
Click here to read full news..