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Experts laud association on insurance industry’s growth

By Bankole Orimisan
15 November 2021   |   4:02 am
Stakeholders in the insurance sector have applauded the Professional Insurance Ladies Association (PILA) for its contribution to the growth of the Nigerian insurance market.

Stakeholders in the insurance sector have applauded the Professional Insurance Ladies Association (PILA) for its contribution to the growth of the Nigerian insurance market.

The Commissioner for Insurance, National Insurance Commission, Sunday Thomas, spoke at the official commissioning of the multimillion-naira PILA House in Lagos, underscored the fact that women are taking up important space in leadership and doing a great job at it.

“Women are multipliers. Whatever you give to them they make it better, and as we have seen with PILA and this beautiful edifice, our women have taken charge and are doing great things. You will always have my support,” Thomas said.

Whilst delivering his speech as the Special Guest of Honour, Thomas acknowledged the visible support of the Lagos State Commissioner for Finance, Dr. Rabiu Olowo, to the cause of the industry, stating that the action underscores the disposition of the Lagos State government towards insurance.

Olowo on his part reiterated the importance of insurance to the Lagos State Government, which he said was why the state government is making insurance culture in the State.

He commended the association on their efforts for the insurance industry and that they could count on the support of the Lagos State Government at all times.

President of PILA and the Managing Director/Chief Executive Officer, African Alliance Insurance Plc, Joyce Ojemudia, appreciated the staunch support of the entire Forthright Ladies. “This beautiful edifice is the culmination of many years of planning, pushing and belief.

She paid homage to the forebears whose efforts were instrumental to the building: Oluyomi Onabanjo, who championed the purchase of the landed property upon which the Secretariat stands; Funmi Folarin, who set up a Building Fund committee that saw to the foundation laying and the late Executive Vice Chairman of IGI, Remi Olowude, who helped the association raise substantial funds which was the seed money with which the foundation of the building was laid in 2012.