NAICOM Task NCRIB President on Foresight, Adaptability

Ebere Nwoji 

The National Insurance Commission (NAICOM), has set a three point agenda for the new president of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mr Babatunde Oguntade, which include; foresight, adaptability and deep sense of responsibility.

The Commissioner for Insurance, Mr Sunday Olorundare Thomas, stated this while speaking at the investiture ceremony of Oguntade as the 22nd President of the NCRIB in Lagos.

He urged the NCRIB council under the leadership of Oguntade to work with the commission in entrenching professionalism, share dedication and hard work adding that these were full potentials of Nigerian insurance profession.

In his acceptance speech Oguntade said the theme of his administration is centered on breaking new grounds and sustaining legacies.

He also said he has set for himself an eight point agenda that would guide his administration.

He listed these agenda as; financial solvency, saying it was the intention of his team to be highly creative in stimulating ideas that would lead to financial solvency of the council aside from the traditional subscription of members which was fast dwindling. 

“The Council must among other things, make strident efforts to ensure it compliments all relevant institutions, regulatory bodies including NAICOM, for deepening of the insurance broking sector within the insurance industry because the larger the pie by the insurance industry, the bigger the portion that would accrue to the insurance broking sub sector of which we are actors” Oguntade said.