The Chartered Insurance Institute of Nigeria (CIIN) at the weekend inaugurated Edwin Igbiti as its 51st President and Chairman of Council after the successful completion of Dr. Muftau O. Oyegunle two years tenure at the helm of affairs.
Igbiti, who was unveiled at the investiture ceremony on Friday, July 15, 2022, is one of Nigeria’s most prominent business executives. With an outstanding educational background and decades of professional experience, he is one of the renowned voices in the Nigerian insurance industry and corporate world. The Trumpet Gathered
Edwin showed interest in the insurance business at an early age and 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, University of Lagos in 1996 and a Masters Degree in Business Administration (MBA) from the University of Ado Ekiti in 2005.
Similarly, the astute insurer has garnered outstanding professional certifications within and outside Nigeria such as Executive Leadership Programme of the Howard University School of Business, as well as the Chief Executive and Directors Programme from the London Management School.
Igbiti, a certified insurance practitioner with the Chartered Insurance Institute (CII) of London, is a Fellow of the Chartered Insurance Institute of Nigeria (FIIN), Fellow of the Risk Managers Society of Nigeria (RIMSON), Associate of the Nigerian Council of Registered Insurance Brokers (NCRIB) and Fellow of the Risk Surveyors Association of Nigeria (RISAN).
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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 the American International Insurance Company (AIICO) Plc where he worked for several years and provided managerial, strategic and operational leadership in challenging situations with verifiable evidence of achieving revenue, profit and business growth objectives.
He served as General Manager, Non-Life Underwriting at AIICO Insurance Plc between January 2010 and 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 (GMD/CEO), 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 the years he served as the GMD/CEO of AIICO, he recorded giant strides, which contributed hugely to the company’s overall growth, among other experiences.
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