She said for businesses to succeed in maintaining economic and social relevance, key players needed to partner in offering innovative solutions for new and emerging risks.Other faulty members at the event include Dr. Emmanuel Meribole Permanent Secretary, Service Policies & Strategies, Office of the Head of the Civil Service of the Federation ; Engr.
Major issues discussed at the workshop include driving industry transformation through technology and innovation; role of board in driving policies, standards and reforms, best practices for the regulation and supervision of corporate governance, among others. Addressing the roles and responsibilities of the board in procurement, Engr. Ishaq Yahaya, Director, Compliance, Certification & Monitoring, Bureau of Public Procurement revealed that procurement needs to be done with the expected level of compliance and appropriation.
“When public service organisations become agile, it enables new ways of working across policy, regulatory and service delivery. Agility protects the government from disruption” he said. The board retreat was aimed at equipping the NAICOM board with the requisite knowledge needed to successfully navigate the increasingly complex and dynamic insurance landscape, the current and emerging business terrain, and its change dynamics, and provide an understanding of the global insurance industry trends and their implications for the board’s regulatory oversight role and supervisory practices.
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