Yetunde Olubunmi Ilori, the outgoing president/chairman of Council of the Chartered Insurance Institute of Nigeria (CIIN), is ending her two-year tenure with an ambitious legacy project aimed at tackling one of the insurance industry’s biggest challenges, the low public awareness.
Ilori unveiled a fully digital initiative to educate one million Nigerian youths on insurance, describing it as a strategic intervention to improve insurance literacy, deepen insurance penetration, expand industry participation and create employment opportunities for young Nigerians.
The programme, being implemented in partnership with the National Insurance Commission (NAICOM), the Federal Ministry of Youth Development and other stakeholders, is designed to equip young people with knowledge to make informed financial decisions, pursue careers in insurance or become advocates for insurance awareness in their communities.
Speaking during a virtual press conference ahead of her valedictory ceremony, Ilori said education remained the cornerstone of her administration’s EPIC agenda and would continue to shape the institute’s long-term vision.
“We deliberately shifted from focusing only on insurance practitioners to educating schools, universities, children, youths and the general public because awareness is the foundation for industry growth,” she said.
