The Chartered Insurance Institute of Nigeria (CIIN has announced the retirement of its Director-General, Kola Ahmed from its service, just as it said work has been completed on the new syllables for its qualifying professional examinations.
According to the institute, Ahmed’s retirement takes effect from July, 2016.
Ahmed who joined CIIN as its first Deputy Director General on Monday April 2nd,2012 is going on happy retirement as he will clock 60 years on the same day his retirement from the institute takes effect.
Giving accounts of his stewardship in the institute in a farewell press conference organised at the institute’s secretariat in Lagos, Ahmed said the institute successfully overcame the crisis of confidence that was so strong and pervasive at the time of his ascension of office.
“We regained the confidence and patronage of critical stakeholders for the institute’s programmes by way of endorsements and sponsorships, ensured full and successful implementation of each successive president’s programme and theme.
“We instilled the culture of prudency, transparency and accountability in the management of the institute’s funds and resources, ensured successful take-off of the College of Insurance and Financial Management, achieved a more purposeful, cohesive and organised insurance industry with the coming together of all arms of the industry under the aegis of the Insurance Industry Consultative Council (IICC), fostered closer ties with the industry’s regulator, the National Insurance Commission by playing a key role in the Board among others.”
Ahmed called on operators to unite in moving the insurance industry forward, whilst also calling for more support for the institute.
He said the institute has distributed the insurance textbooks it published to aid the study of insurance in schools to 12 states.
Born July 20th 1956, Ahmed is a Fellow of the Chartered Insurance Institute (UK) obtained in 2006, having qualified as Associate of the same Institute in 1990. He was elected Fellow of the Chartered Insurance Institute of Nigeria in 2007.
He started his insurance career in 1982 from Hogg Robinson Nigeria and rose to the position of Assistant Manager before joining Koguna Babura and Company in 1986 as Underwriting Manager. In 1991, he moved to Nigerian-French Insurance Company Ltd. rising to the position of Deputy General Manager (Technical) in 2003, a position he maintained until July 2007 before joining AIICO General Insurance Company Ltd following the recapitalisation exercise which merged Nigerian-French with AIICO. He left AIICO in June 2009 for KRABOND Insurance brokers Ltd as Managing Director, a position he held until joining the CIIN on Monday April 2nd 2012.