Experts to brainstorm on achieving $1trn economy at NAIPE’s confab

Experts from key sectors of the economy including insurance, pension and capital market, are set to brainstorm at ninth edition of the annual conference of the Nigerian Association of Insurance and Pension Editors (NAIPE).

The selected panellists for the event will discuss and analyse the theme of the conference, ‘Towards a $1 trillion Economy: Roles of Insurance and Pension Sectors.’

The panellists include Mr Tunde Mimiko, Managing Director/CEO, Sanlam Life Insurance Limited; Mr Adeyemi Mayadenu, Executive Director, Technical, NEM Insurance Plc (General); Mr Wale Okunrinboye, Chief Investment Officer, Access Pensions; Mr Oluseye Olusoga, Managing Director/CEO, Parthian Partners Limited and Mr Oguche Agudah, CEO, Pension Fund Operators Association of Nigeria (PenOp).

The former Commissioner for Insurance/CEO, National Insurance Commissioner (NAICOM), who is also the former Managing Director/CEO, FBS Reinsurance Limited, Mr Fola Daniel, will chair the conference scheduled to take place on October 8, in Lagos, while the Managing Director/Chief Economist, Analysts Data Services and Resources, Dr Afolabi Olowookere, will deliver the theme paper.

The special guests of honour will be the Commissioner for Insurance/CEO, NAICOM, Mr Olusegun Omosehin and the Director-General of the National Pension Commission (PenCom), Mrs Omolola Bridget Oloworaran.

The event will bring together stakeholders in the insurance and pension sectors to discuss the importance of the sectors’ contribution to the $1 trillion economy projected to be achieved by 2030 by the present administration.

Various sectors of the economy have increased the tempo of activities to meet the set target and in the process opening opportunities, which the insurance and pension sectors must be ready to grab.

While the insurance sector is expected to provide protection for risks that may likely arise during the period and beyond, the pension sector is expected to take care of the welfare of the workers by ensuring proper management of workers’ pension contributions and timely payment of pensions benefits to retirees.

The chairman of the occasion, Mr Fola Daniel, is a tasted professional in the Nigerian insurance and pension sectors, while the keynote speaker, Dr Afolabi Olowookere, is a renowned economist.

Mrs Nkechi Naeche-Esezobor, Chairperson of NAIPE, while commenting on the theme of the conference, said it was carefully chosen to draw the attention of the operators to the realities on the ground, especially regarding what they need to do to remain relevant in the unfolding economic situation in Nigeria.

Esezobor said not less than 250 stakeholders from the insurance, pension, finance, organised private sector, trade unions and associations would attend the conference.

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Source:

Tribune Online