The Chartered Insurance Institute of Nigeria (CIIN) is set to inaugurate Mr Edwin Igbiti as its 51st President/Chairman of Council on Friday, July 15.
He is next in line to handle the baton after the successful completion of Mr Muftau Oyegunle’s tenure at the helm of affairs since 2020.
The investiture ceremony, which is scheduled to hold tomorrow, will bring Mr Igbiti on board as the next President as well as the Chairman of Council of the premier professional body in the country.
Mr Igbiti is one of Nigeria’s most prominent business executives. With an outstanding educational background and many years of professional experience, he has written his name in the sands of history as one of the strongest and most renowned voices in the insurance industry and the corporate business environment in Nigeria.
He showed much interest in the insurance business from a very early age and little wonder that he became an Associate of the Chartered Insurance Institute of London in 1990.
In his quest for knowledge, he obtained an Advanced Diploma in Management from the Department of Business Administration, the University of Lagos in 1996 and a Master’s Degree in Business Administration (MBA) from the University of Ado Ekiti, in 2005.
Similarly, the insurer has garnered outstanding professional certifications both within and outside Nigeria such as an Executive Leadership Programme from Howard University School of Business and the Chief Executive and Directors Programme from the Management School in London.
Mr Igbiti is a Certified Insurance practitioner with the Chartered Insurance Institute of London (CII), a Fellow of the Chartered Insurance Institute of Nigeria (FIIN), a Fellow of the Risk Managers Society of Nigeria (RIMSON), Associate of the Nigerian Council of Registered Insurance Brokers (NCRIB) and a Fellow of the Risk Surveyors Association of Nigeria (RISAN).
He is a seasoned professional with depth and wealth of technical expertise having worked in various capacities, including underwriting, sales and claims management in the insurance industry.
He started his professional sojourn at Phoenix Insurance Company as an Underwriting Trainee before moving to AIICO Insurance Plc where he worked for several years and provided managerial, strategic and operational leadership in uniquely challenging situations with verifiable evidence of achieving revenue, profit and business growth objectives.
He served as the General Manager, Non-Life Underwriting at AIICO Insurance Plc between January 2010 to September 2013. During this period, he was responsible for the overall performance of the General Insurance Division. He rose to the position of the Group Managing Director/Chief Executive Officer, AIICO Insurance Plc in 2013 where he was responsible for running and supervising the affairs of the Company and its subsidiaries (AIICO Pension, AIICO Capital and AIICO Multishield).
In those years he served as the GMD of AIICO, he recorded giant strides which contributed hugely to the company’s overall growth.
Mr Igbiti also served briefly as the Managing Director of Niger Insurance Plc before moving to Quicklink Insurance Brokers Limited as a top management staff where he is active to date.
Aside from being an insurance professional, Edwin is a chartered member of the Nigerian Institute of Management, a certified Business Continuity Systems Lead Auditor from the British Institute, UK and an alumnus of the Howard University Business School, U.S.A.
He is a Member of the Institute of Directors (IoD), and was once a Council member of the Nigerian Insurers Association (NIA).
He is the immediate past Chairman of the Governing Board of the College of Insurance and Financial Management and he currently seats as the Deputy President on the Governing Council of the Chartered Insurance Institute of Nigeria (CIIN) where he has meteorically risen to the new president of the Institute.