All Posts in "Day: July 19, 2022"

Anselmi Anselmi emerges AIO book of the year Award winner

By Favour Nnabugwu

 

 

Anselmi Anselmi is the winner of the 2022 AIO Book Award. His book – “Dealing with Climate Crisis in Africa – STRATEGIES FOR AGRICULTURE INSURANCE” emerged top after the final tally during the 48th Africa Insurance Organisation, AIO Conference in Nairobi.

Anselmi Anselmi is the winner of the 2022 AIO Book Award. His book – “Dealing with Climate Crisis in Africa – STRATEGIES FOR AGRICULTURE INSURANCE” emerged top after the final tally during the 48th AIO Conference in Nairobi.

Anselmi is a Director of International Relations, Research and Consultancy at the Africa College of Insurance and Social Protection and lectures at the Tanzania Public Service College. He serves as the Country Inclusive insurance Coordinator in Tanzania (TIRA/ATI).

He is the MD for Acclavia Insurance Brokers & Risk Consultants. He serves in various task forces within the insurance industry and outside geared at engineering growth of the financial sector and inclusive economy such as Chairperson Technical Committee of the Governing Council Tanzania Insurance Brokers Association, secretary to the Tax Reforms Committee of the Insurance Industry in Tanzania, Member of African Insurance Organization (AIO) Microinsurance Working Group and the Editorial Committee of AIO, and InsuResilience Global Partnership – Gender & Agriculture Insurance Working Groups.

He is Associate of the Chartered Institute of Securities and Investments (CISI) of London and Toronto Centre of Canada. He is an avid Researcher, Consultant, Author & a Trainer for government and international organizations on planning, policy, regulation strategy and leadership. His experience in insurance for both conventional and social perspective is comprehensive.

As a lecturer and consultant, he has designed curricula on the subject, conducted various researches and presented papers, authored ten (10) books, provide professional advice to national and international stakeholders, featured in TV programs and creating public awareness on the subject.

He has led technical teams in challenging portifolios such as insurance taxation, leadership, agriculture insurance, microinsurance and Insurance Linked Securities (ILS) solution among other. Anselmi is agile, innovative, teamplayer and solution seeker.

Patoma Admin by — July 19, 2022 in Insurance 0
Who the AIO president, Ben Kajwang is

By Favour Nnabugwu

The current Africa Insurance Organisation, AIO, president Dr. Ben Kajwang is currently the Director and CEO of the College of Insurance, Kenya.

He has had a distinguished career in the insurance industry spanning over two-decades where he has held senior positions in Broking, insurance, and reinsurance companies.

He is the current Chairman, Association of Insurance Trainers Educators in Africa under the umbrella of African Insurance Organization (AIO). He is also an Executive Board Member and Chairing the Human Resource Committee of the Organization of East and Southern Africa Insurers (OESAI). He is currently serving as a Board Member and Chairman of the Technical Committee of the Policyholders Compensation Fund (PCF) in Kenya.

Given his vast wealth of knowledge, he has coordinated capacity building for the World Bank Index-Based Weather Risk Management Programs for Eastern and Southern Africa a program funded by European Union’s All ACP Agricultural Commodities Programme (AAACP) and the COMESA USAID/COMPETE sponsored Regional Agricultural Insurance Certification program.

He has also been the Team Leader, Regional Study on Development of Insurance Certification Program by the East Africa Community Financial Sector Development and Regionalization Project (EAC-FSDRP I) and a Member of FARMD – the Global Forum for Agricultural Risk Management in Development (an arm of the World Bank).

He has also led the College of Insurance in partnering with the Retirement Benefits Authority (RBA), Humber College Institute of Technology & Advanced Learning (Canada) and Association of Retirement Benefits Authority to develop the Trustee Development Curriculum which is being used for the training and certification of Trustees of Pension Schemes.

He is a Corporate Manager. Consultant, Coach. Mentor. Lecturer, Facilitator and Trainer for various Institutions on professional courses especially Insurance and Risk Management across Africa. He has also been a jurist for the Champions of Governance (COG) Award, Institute of Certified Public Secretaries of Kenya, THINK BUSINESS Insurance Awards and Association of Insurance Brokers of Kenya (AIBK) BIMA Awards.

He has and continues to present papers in several forums, locally and internationally. He has also been feted by local Kenyan dailies as a Transformative Chief Executive Officer with Golden Hands (Nation Newspaper and Business Daily) on innovation, transformation, leadership and strategy. He has several publications in both local and international journals.

He holds a Doctor of Philosophy in Strategic Management. He is a Chartered Insurer of the Cll London and Fellow of several Insurance Institutes in Kenya and Uganda and others. He is also an Associate of the Institute of Risk Management (UK).

He has cemented his visionary leadership by developing the state of the art, world class 5-star convention Centre, with conference and accommodation facilities that caters for the growing demand for Meetings. Incentives, Conventions and Exhibition (MICE) and the host venue of the 48th AIO Conference and General Assembly (The Edge Hotel and Convention Centre).

Patoma Admin by — July 19, 2022 in Insurance 0
FG has not borrowed money from pension funds – Pencom assures

By Favour Nnabugwu

 

 

The Federal Government has not borrowed money from pension fund in the country,  National Pension Commission (Pencom) assured

This, the Commission said, was to address complaints and rumours in some quarters that a large chunk of the government’s recurrent spendings were done by borrowing from pension funds.

Pencom’s Head of Corporate Services, Alhaji Abdulqadir Dahiru, gave the hint while speaking at a Stakeholders Forum/Interactive Session organised by the Public Complaint Commission with the theme: ‘Effective Administration of the Contributory Pension Scheme in Nigeria: Challenges and the Way Forward’.

He clarified that instead of the government to borrow pension funds, it was the investment teams of pension fund administrators that seek and put money into government bonds to balance their return and risk considerations.

Some stakeholders at the forum had said, “The speculation that the Government is borrowing from the Pension fund is a threat to the contributors.

“The safety of the Fund is paramount to contributors and other stakeholders alike.

“There is need to ascertain the authenticity of the allegation of borrowing to possibly curb any threat to the Scheme.”

Responding, Dahiru stated: “Pension funds are invested in government securities like banks, insurance companies, and foreign investors who are interested in government debt.

“The Federal Government has not borrowed pension funds, because people are giving the impression as if these monies are kept somewhere and government has dipped its hands into it.

“Pension funds are invested. It is a deliberate policy of individual pension fund administrators and their investment teams to look at the investment instruments available, whether government or private, and decide which one they want to invest in, to balance their return and risk considerations.

“Therefore, government does not borrow pension funds. Instead, they are invested in government debt instruments.”

Earlier, the Secretary, Public Complaint Commission, Mr Philip Enyali, explained that the dissatisfaction of many retirees and the need to address their many petitions to the Ombudsman, regarding their entitlements necessitated the interactive meeting with Stakeholders in the pension industry.

He identified the inability of the government to release funds as and when due, delay in payment of group life insurance policy, non-funding Retirement Savings Accounts, inadequacy of pension payment remittances etc. as some of the complaints by retirees to the ombudsman.

“One of the greatest challenges that stares the typical employees in the face throughout their working life is life after retirement. As part of proactive efforts by the Commission, this interactive session is being held to systematically examine the challenges of the administration of the Contributory Pension Scheme currently in operation in the country,” he said.
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Patoma Admin by — July 19, 2022 in Pension 0
143 stranded Nigerians return from Libya

By Favour Nnabugwu

 

A total number of 143 returnees arrived Lagos airport today even as male and female adults among them have medical issues

The Returnees were arrived Nigeria through the Cargo Wing of the Murtala Muhammad International Airport, Ikeja, Lagos State with Al Buraq Air Boeing 737-800 registration number 5A – DMG at about 3.18pm.

On arrival at the airport, the Returnees were received by the Coordinator, Lagos Territorial Office, National Emergency Management Agency, NEMA who represented the NEMA Director General, Alh Mustapha Habib.

Giving the profiling, NEMA said they consist of 96 male adults, eight boys and a male toddler while female adults were 36, a girl and female toddler.

He said a female and male adults among them were with serious medical issues.

The Coordinator did not disclose the nature of their sickness.

Patoma Admin by — July 19, 2022 in Aviation 0