ADDRESSED BY EDDIE EFEKOHA

PRESS CONFERENCE ADDRESSED BY MR. EDDIE EFEKOHA, CHAIRMAN MR. BOLA TEMOWO PRESIDENTIAL INVESTITURE COMMITTEE & CHAIRMAN EDUCATION COMMITTEE ON TUESDAY 20TH MAY, 2014

PROTOCOLS

I am delighted by the opportunity to address you on two major events of the Institute which constitute the series of events commencing from Tuesday 17th to Thursday 19th June, 2014 at the Federal Palace Hotel, Victoria Island, Lagos.

The events are:

1.   The International Education Conference opening on Tuesday 17th, June, 2014 at 6.00pm with the Welcome Cocktails and proceeding on Wednesday 18th June, 2014 with the Conference business proper.

2.   The Investiture of Mr. Bola Temowo as the 46th President of the Institute on Thursday 19th June, 2014, commencing at 1.00pm at the Federal Palace Hotel, Victoria Island, Lagos.

Preparations for these events are in top gear. This Press Conference is mainly to avail you of the major highlights as well as solicit your co-operation in giving the events due coverage and the required publicity.

THE CONFERENCE

The theme of the Conference; “Redimensioning the Insurance Industry Contributions to the National Economy” was selected following due consideration of the Rebasing of the National Economy which catapulted Nigeria to becoming Africa’s largest economy, a development which is bound to havepositive effects across all sections of the economy, including Insurance. The Conference is therefore an ample opportunity for insurance operators to periscope the opportunities inherent in the new scheme of things.

The theme paper will be delivered by Dr. Ayo Teriba, CEO Economic Associates Nigeria. His paper will be discussed by a panel of eminent speakers.

The sub-theme topic: “Paradigm Shifts in Insurance Education for Greater Relevance”, will highlight issues in continuous professional education, bridging public education gaps, the imperatives for competency audits and effective succession planning among others. The paper will be delivered by Prof. Sola Fajana, Vice Chancellor, Joseph Ayo Babalola University (JABU).

The annual Education Conference has remained a veritable platform for the exchange of views on topical issues pertinent to the growth and development of the Insurance Industry. This year’s edition will be no exception.

The Education committee is a committee of the Institute’s Governing Council, with responsibilities for planning and ensuring the success of the yearly Conference. The members are:

     I.        Mr. Eddie Efekoha          -        Chairman

   II.        Mr. Wale Onaolapo

  III.        Mrs. Yetunde Adenuga

 IV.        Mrs. Funmi Babington-Ashaye

   V.        Lady Isioma Chukwuma

 VI.        Mr. S.O Oyefeso

VII.        Mr. Shola Tinubu

VIII.        Mr. Gbenga Olawoyin

 IX.        Chief Theo Eke

   X.        Mr. Bayo Samagbeyi

 XI.        Mr. Kola Ahmed

(You will be availed copies of the flyers for more details).

THE INVESTITURE

The investiture of Mr. Bola Temowo is slated for Thursday 19th June, 2014 in the External Ballroom of the Federal Palace Hotel, Victoria Island, Lagos.

Mr. Temowo’s Investiture is coming a year after that of Mr. F.K Lawal, who opted for a one-year tenure and has made a huge success of it in respect of his focus on the Promotion of Insurance Education In Nigeria.

The 2014 Investiture ceremony will be a departure from what is now a tradition i.e. it will commence at 1.00pm as against 7.00pm as you are familiar with. The change is part of a new reasoning guided by our appraisal of previous editions held during the night. An Investiture Luncheon as against an Investiture Dinner will guarantee:

Ø  More quality attendance by persons who ordinarily would not venture out at night.

Ø  It would necessitate less hurry and more finesse.

Ø  And above all, fit into the present National consciousness concerning security.

Chief Segun Osunkeye, former Chairman, Nestle Nigeria Plc will be the Chairman of the Investiture Ceremony. His Excellency, Senator Ibikunle Amosun, Executive Governor of Ogun State will be the Special Guest of Honour. The occasion will be graced by chieftains and captains of the Insurance and Financial Services industry as well as dignitaries from all walks of life.

The Investiture Committee is working relentlessly to ensure success of the event. The members are:

     I.        Mr. Eddie Efekoha          -        Chairman

   II.        Mr. Shola Tinubu

  III.        Mrs. Funke Adenusi

 IV.        Mrs. Femi Ogun

   V.        Sir M.O Oyegunle

 VI.        Mr. Peter Olusanya

VII.        Mr. G.U.S Wiggle

VIII.        Mr. Kola Ahmed

The incoming President is someone you all know so well. Mr Bola Temowo is currently Deputy President and has worked in close partnership with Mr. Fatai Kayode Lawal. He joined the Institute’s Governing Council in 2002 and has remained committed ever since. His penchance for excellence has led him this far and, there is little or no doubt that he is poised for a fulfilling tenure as the 46th President of our Great Institute. Bola Temowo is the Managing Director of International Loss Adjusters Ltd, a leading Loss Adjusting firm in Nigeria. Prior to joining International Loss Adjusters, he had successful stints with Hogg Robinson Nigeria, Crusader Insurance and the defunct ACEN Insurance.

For greater details on the incoming 46th CIIN President, the following Profile will suffice:

PROFILE OF MR. BOLA TEMOWO

Mr. Bola Temowo hails from Ijebu-Igbo in Ogun State of Nigeria. He was born in Lagos, present day Lagos State of Nigeria 53 years ago to the family of Late Mr. Amos Oyewole Temowo and Mrs. Mercy Taiye Temowo both of whom raised the young Bola Temowo under strict parental guidance. Pa Temowo was an alumnus of Oduduwa College Ibadan and his aged mother, an alumnus of the prestigious Queen’s College, Lagos. Both parents studied and practiced insurance as astute professionals.

Mr. Bola Temowo began his educational sojourn at Sacred Heart Private School Ring Road, Ibadan. He had his Secondary education at St. Patrick’sGrammar School, Ibadan and completed his A’ levels at Igbobi College, Yaba in Lagos in the year 1979.

Bola Temowo proceeded to the University of Lagos, having gained admission in 1979 to study History. He bagged the Bachelor of Arts with honours in 1982 and Masters of Public Administration (MPA) in 1984 from the same university.

With an academic bedrock in history, Temowo’s passion was to be like his uncle, Professor Ade Adefuye who then held a Doctor of Philosophy (Ph.D.) in history and lectured in the Department of History at the University of Lagos. But fate was to change the course of events when in 1982 the young Bola had to commence his National Youths Service at Hogg Robinson Nigeria, a frontline Insurance Broking firm. His father had asked him to see Mr. Amos Adeyeye, helmsman at Hogg Robinson for his NYSC primary assignment and that made a whole difference in his hitherto chosen path to be an academic. From Hogg Robinson, he proceeded to Crusader Insurance in 1986 and then felt the strong urge to become professionally qualified by sitting for and qualifying as Associate of the Chartered Insurance Institute (ACII) London in 1989 and Fellowship of the London Institute in 1996.

An Insurance professional to the core, Bola Temowo remained resolute on making a success of his career. From Crusader Insurance, he moved to T.A. Braithwaite Insurance Brokers as a Senior Broker in 1990 and later an Assistant General Manager (AGM). He left T.A. Braithwaite in 1992 with a sound footing in Insurance Broking. Temowo attributed this to the Trust and free-hand given to him by the Doyen of Insurance, T.A. Braithwaite to whom he also owes much of his career experience which helped in shaping his professional life. From T.A. Braithwaite to ACEN Insurance Ltd in 1992, Bola Temowo’s career had snowballed into an impeccable one, attaining the position of Deputy General Manager before exiting in 1995 to join International Loss Adjusters Ltd on the demise of his father.

Bola Temowo’s path to Presidency of the Chartered Insurance Institute of Nigeria is paved by a consistent and committed membership of the Institute which includes a record of meritorious service as:

Ø  Member and later Chairman of the Offices Representatives’ Committee (ORC).

Ø  Member, Governing Council of the Institute, initially as co-opted member being the then Chairman of the ORC and later as an elected member from 2002 till date.

Ø  Chairman, Activities Committee

Ø  Chairman, Education Committee

Ø  Deputy President, CIIN

Ø  Chairman, Board of the College of Insurance and Financial Management

Mr. Bola Temowo’s watch-word has remained Professional integrity which he says is a quality he also respects in his late father throughout his professional life as a Loss Adjuster.

Temowo is Vice President, African Region for the International Institute of Loss Adjusters, and a Fellow of the International Federation of Adjusters Association.

In light of all of these, it is not surprising that Chieftains and Captains of the Insurance industry attest to his sterling qualities and suitability for the new task awaiting him when on the 19th of June, 2014 he is invested as the 46th President of CIIN. He will then bring to bear, the craftsmanship of a painstaking Underwriter, Broker and Loss Adjuster and, above all, the mien of a selfless and unassuming achiever.

Although, a press-shy person, there will be no hiding place for the Goldfish.

Bola Temowo will emerge distinctive as the only serving Loss Adjuster to be invested as CIIN President come Thursday June 19, 2014.

Temowo says he would not write his life history without giving credit to the following persons who he regards as his role models. They are:

Ø  Prof. Ade Adefuye

Ø  Alhaji & Alhaja Odunsi

Ø  Mr. Amos Adeyeye and

Ø  Mr. T.A. Braithwaite.

Each of them, at stages of his life, contributed in shaping his development into the Bola Temowo we are celebrating today.

In all of his successes as a professional, Bola Temowo is also a fulfilled family man. He is married to Mrs. Sola Temowo (Nee Agboola) whom he describes as his soul mate, with a 100% support for him in all his endeavours. They are blessed with two lovely children, Anjolaoluwa and Oluwatooni.

His hobbies include Golf, Table Tennis and Reading.

He is a member of the following social and recreational clubs:

Ø  Lagos Country Club, Ikeja.

Ø  Ikeja Golf Club ( He is a past Secretary of the Club)

Ø  Ikoyi Club 1938

Ø  Abeokuta Golf Resort

Distinguished members of the press, you will be part of the robust publicity package as we advance in the course of time.

Please note that we welcome constructive suggestions on how best to achieve the optimal in this regard.

Thank you for your attention and God bless.

EDDIE EFEKOHA