The Chartered Insurance Institute of Ghana (CIIG), at its Annual General Meeting (AGM) and educational conference held at the Rock City, Kwahu Nkwatia in the Eastern Region of Ghana, elected new executives for a two-year term, commencing January 1, 2023.
Mr. Solomon Lartey, Chief Executive Officer (CEO) of the Africa Sureties and Insurance Advisory Company (ASIAC), was elected President. Other executives elected at the event included Mrs. Yvonne Charmaine Osei Addo of Allianz Insurance Ghana as Vice-President, Mr. Joel Lartey-Asirifi of Prime Insurance as General Secretary, Mrs. Bernice Davies of EIC as Assistant General Secretary, Mr. Jason Amo-Gyimah of Olea-M&G Insurance Brokers as Treasurer, and Mr. Lawrence Daniels of Star Life Assurance as Public Relations Officer (PRO).
Various stakeholders in the Ghanaian insurance industry have also appointed representatives on to the CIIG Council. The council is the highest decision-making body of the Chartered Insurance Institute, clothed with powers to steer the affairs of the institute for the term of office.
Mr. Shaibu Ali, President of the Insurance Brokers Association of Ghana (IBAG) and CEO of KEK Insurance Brokers, is on the council as representative of the broking fraternity while Mr. Nashiru Iddrisu, CEO of Hollard Life, represents the Ghana Insurers Association (GIA). Mr. Richard Okyere, Executive Director at the Ghana Insurance College, represents the college on the council as Mr. George Otoo, Head of Audit at the National Insurance Commission, represents the NIC. Mr. Tawiah Ben-Ahmed, immediate past president and CEO of Sanlam Life Assurance Ghana, remains on the CIIG Council as ex-officio member.
The National Health Insurance Authority (NHIA), the National Pensions Regulatory Authority (NPRA) and Chamber of Corporate Trustees (CCT) would in the next few days present their representatives to the council.
In his speech, Mr. Solomon Lartey said membership of the institute is open to all individuals and organisations who are engaged in the practice of insurance directly or indirectly, or have personnel who are engaged in the practice of insurance. He said the CIIG would be engaging the Social Security and National Insurance Trust (SSNIT), banks and other entities that make use of insurance professionals to join the institute in the near future.
The council was inducted into office on January 20, 2023 at an investiture service held at the NIC Auditorium, Accra. Their mandate is to strengthen the various structures of the institute, consolidate all gains made so fari and grow the organisation. They are also required to ensure the sustainability of the Institute through effective governance and management of the institute and its resources together with proper stakeholder engagements.
The inauguration coincided with the launch of the CIIG newsletter – iNews. The iNews – which was launched by Dr. Daniel McKorley, Founder of the McDan Group of Companies – would serve as the mouthpiece of the insurance industry, churning out pure undiluted insurance information estimated to hit over 150,000 audiences in the next few months.