The Chartered Insurance Institute (CII) London has appointed Dr. Babington-Ashaye, as the goodwill ambassador, representing Nigeria.
Dr. Funmi Babington-Ashaye was appointed amongst other top distinguished professionals across the globe.
According to the institute, the goodwill ambassadors are qualified members, experienced in the profession, who volunteer their time to assist its international team.
The Institute also said that the ambassadors are to promote professional standards to achieve the building of public trust in insurance.
“They do this by communicating with local businesses, advocating the importance of professional qualifications, and sharing best practices to influence sector frameworks.
The ambassadors appointed in Africa are Dr (Mrs) Funmi Babington-Ashaye, Nigeria; Rev. Asante Marfo-Ahenkora FCII, Chartered Insurance Broker, Ghana; Gigi Chen ACII, China amongst others.
Dr. Funmi Babington-Ashaye FCII, FCIIN, Chartered Insurance Broker, was the former Managing Director/ Chief Executive of Cornerstone Insurance Plc, and NICON Insurance Plc. She is an Alumnus of Lagos Business School and a Fellow of the Chartered Insurance Institute both in Nigeria and the United Kingdom.
In addition, she is also a Fellow of the Chartered Institute of Insurance Brokers, and a Fellow of the Institute of Directors Nigeria, with a Masters in Entrepreneurship from Massachusetts Institute of Technology (MIT) United States of America.
In 2017 she became President/Chairman of the Council of the Chartered Insurance Institute of Nigeria, the premier insurance body responsible for promoting skills development and professional conduct among members engaged in the industry. This reinforced her position as a thought leader in the insurance sector in Nigeria.
She equally serves on the council of various professional bodies including the Institute of Directors Nigeria.
Aside from her existing Directorial responsibilities, Babington-Ashaye has won notable awards which include the Top 50 Women in Insurance in Africa Award presented by African Insurance Organisation, Lagos Female Entrepreneur of the Year 2022 Award by Ikeanumba Magazine, The Outstanding Women of Ultimate Distinction by ThisDay Newspaper, Nigeria’s 50 Most Outstanding and Impactful Women in Leadership 2021 – The Guardian Newspapers, Africa’s Patriotic Amazon of the year 2021 Award by PAN – African Students Movement.
She is also a Doctoral Fellow of the International Certified Risk Management Professionals United Kingdom and has an Honorary Doctorate in Leadership & Community Development from the prestigious ESAE Benin University.
Babington-Ashaye is also an author, in 2017 she published a book titled “Insurance in Practice –All you need to know about Insurance in Nigeria”
Dr. Babington-Ashaye is deeply committed to empowering the next generation of women through her mentoring platform, the Funmi Babington-Ashaye (FBA) Foundation.
