The Nigerian Insurers Association has said it will hold an investiture ceremony in honour of Mr Olusegun Omosehin, as the 25th chairman of the association.

According to a statement, the event would hold in November in Lagos.

The NIA is the umbrella organisation for all insurers in the country and the investiture ceremony of its new chairman formally heralds the change of leadership including the principal officers of the association.

The Chairman of the Investiture Committee, Mr Kunle Ahmed, said, “We want to use this investiture ceremony to make a bold statement that insurance has taken its pride of place in the financial service sector.

“Our hope is that guests will go home with a clear understanding of the agenda of the new chairman for the association during his tenure which will impact insurance practice and the economy at large. We are looking forward to the best investiture ever.”

The statement noted that the investiture ceremony presents an opportunity for the new chairman to share his vision and strategic direction of the association during his tenure, and a unique opportunity for stakeholders to interact and share ideas on how to continually position insurance and appreciate its role in the larger economy.