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Yetunde Ilori Becomes President of Chartered Insurance Institute of Nigeria

Renowned leader Yetunde Ilori brings dedication and innovation to Nigeria's insurance sector, shaping a new era of industry progress.

Women's Tabloid News Desk
Women's Tabloid News Desk

Ilori’s path isn’t just about climbing the professional ladder; it reflects a story of dedication and unwavering commitment to excellence.

Yetunde Ilori, who recently assumed the presidency of the Chartered Insurance Institute of Nigeria (CIIN), is praised as a standout leader in the nation’s insurance sector.

Caroline Lucas, from TEXEM UK, a UK-based leadership development firm, views Ilori’s appointment as a pivotal moment for the Nigerian insurance scene.

In the intricate web of the insurance world, there are figures whose presence resonates far beyond the boardrooms and policy documents.

“They are the luminaries, the visionaries whose every step reverberates through the industry, shaping its trajectory and defining its ethos.

“In this spotlight, we find Mrs. Yetunde Olubunmi Ilori ACII, FIIN, a stalwart recently appointed as the President of the Chartered Insurance Institute of Nigeria (CIIN),” Lucas said on TEXEM’s website, www.texem.co.uk.

Lucas described Ilori’s path as more than just a story of career progression; it embodies dedication, resilience, and unwavering commitment to excellence. She emphasized that Ilori, a graduate of the University of Lagos, is not only a leader in insurance but also a symbol of hope and inspiration for many professionals.

“With over three decades of experience under her belt, Yetunde Ilori’s contributions to the insurance sector are manifold and profound.

“From her formative years at Trans Nigeria Assurance Co. Ltd. in Ibadan, where she honed her skills and rose to head the Life and Pensions Department, to her tenure at Crusader Insurance.

“And later at AXA Mansard Insurance, where she steered the ship as Chief Executive Officer for an illustrious thirteen years, her journey has been nothing short of remarkable,” she stated.

Lucas also noted that Ilori’s influence extends beyond corporate settings. She highlighted Ilori’s proactive stance on inclusivity and diversity, advocating for initiatives that promote a fairer and more representative industry.

“As Chairperson of the Life Offices Committee and a member of various governing councils and boards, she has tirelessly worked towards creating spaces where voices from all walks of life are not just heard, but actively engaged and empowered.

“Yet, perhaps what truly sets Yetunde Ilori apart is her unwavering commitment to community and philanthropy.

“In the wake of personal tragedy, she founded the Rev. Kunle Ilori Foundation, a beacon of hope for over 300 widows, providing them with support and solace in their time of need,” Lucas added.

Dr. Alim Abubakre, the founder of TEXEM UK, expressed deep pride in congratulating Ilori.

He praised Ilori’s remarkable achievements, describing her leadership journey as a model of transformation and empowerment, motivating numerous individuals, particularly women, to pursue their aspirations with unwavering determination.

“In reflecting on your esteemed position, it is evident that your wealth of experience, particularly as the former CEO of AXA Mansard, will be instrumental in charting new frontiers for the insurance industry in Nigeria.

“Your leadership promises to usher in an era of innovation, inclusivity, and sustainable growth, aligning with global best practices.

“Drawing inspiration from leading insurance regulatory bodies in emerging countries like India and China, where digitalisation and technology integration have revolutionized the industry, I am confident that under your stewardship, the CIIN will embrace these strategic imperatives,” he added.

Abubakre emphasized that utilizing technology to improve operational efficiency, enhance customer experiences, and increase insurance reach will surely drive the industry towards significant progress.

“Ms. Ilori, as you embark on this transformative journey, remember that your vision, courage, and determination will continue to inspire generations to come.

“Your leadership serves as a beacon of hope and possibility, illuminating the path towards a brighter, more prosperous future for the insurance sector in Nigeria,” he said.

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