CIIN vows to strengthen syllabus of professional exams
Speaking at the induction of 159 associates in Lagos, the President of Council, Lady Isioma Chukwuma said: “We are conscious of the industry dynamics and the emerging challenges with new and complex human capital needs. The challenges facing the industry today not only require a fresh impetus in human capital development but also a renewed vigour and approach to skills recreation in order to equip practitioners for the huge tasks of managing the current realities in the business landscape.”
According to her, the institute is on the verge of completing another review of its syllabus as it is our desire to produce professionals that can compare favourably with their contemporaries in other climes.
She said “Let me reiterate that our institute’s resolute commitment to the ideals of professionalism and will continue to exercise its statutory responsibilities as enshrined in Act No. 22 of 1993 of the Federal Republic of Nigeria. A major provision of the statute is the responsibility to continually determine the skills and knowledge required by persons seeking to become registered members of the Insurance profession. The governing council has therefore,
remained irrevocably committed to the smooth conduct of the professional examinations and also in strengthening the examination system through regular review of the syllabus and examination structure”.
In a similar vein, she said, full academic activities have commenced at the CIIN established Centre for Insurance and Financial Management Studies (CIFMS). The CIFMS provides ample training and capacity building opportunities for both insurance practitioners and persons desirous of joining our industry.
She said, “The policy of our council is that all certificates issued by the institute remain the institute’s property and could be withdrawn from the holders if the institute has good reasons to do so. Let me state unequivocally that the institute reserves the right to withdraw its certificate from any holder, if it discovers any breach of the examination process. Further reasons for such withdrawal of certificates could emanate from unethical conduct or any act(s) that could bring the Institute and indeed the profession into disrepute.
The responsibilities conferred on our institute by statute, she said, have continued to engender a veritable platform for the propagation of insurance education in Nigeria. In particular, the institute’s professional examinations have become deep-rooted and have, since 1992, produced home-bred professionals who have continued to perform creditably in their various endeavours.
She told the graduands “By finding fulfillment in the attainment of our invaluable professional qualification, the graduands have also accepted a greater burden of responsibility as custodians of the ethics and codes of practice of our noble profession. They will be constantly reminded of the oath of allegiance to uphold and defend the fundamental principles of insurance practice as well as their vows to be of good conduct at all times. The ideal of an Ethical and Professional Best Practice is being pursued by the Institute to reposition and reinforce the integrity of our profession”.
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