Insurance Retirees Forum of Ghana Officially Launched
Veteran insurance professionals join forces with regulators to mentor the next generation and promote ethical standards.
- IRFG launched in Accra with an Interim Advisory Council sworn in.
- Forum aims to mentor young professionals, preserve industry knowledge, and support retirees.
- NIC and CIIG emphasize ethics, professionalism, and long-term growth in Ghana’s insurance sector.
The Insurance Retirees Forum of Ghana (IRFG) has been officially launched in Accra, with an Interim Advisory Council sworn in during the event on Wednesday, February 18, 2026.
The forum unites retired insurance professionals, regulators, and industry executives in an initiative led by the National Insurance Commission (NIC) and the Chartered Insurance Institute of Ghana (CIIG). Its primary goals include mentorship and legacy transfer, technical advisory support for policy and standards review, welfare support for retirees, and the creation of a national networking platform across all sectors of the insurance industry.
Speaking at the launch, Dr. Abiba Zakariah, Commissioner of Insurance, noted that the forum represents a strategic step toward preserving institutional memory and strengthening professional standards by leveraging the expertise of veteran practitioners.
The Interim Advisory Council, sworn in by Mrs. Naa Shormeh Gyang (Esq), includes Peter Osei-Duah, former CEO of SIC Insurance, as Chairman, alongside Ivan Avereyireh, Kofi Ampaw, Dr. Mrs. Francisca Karikari, Bonahopas Arkhurst, and Frank Oppong Yeboah. Council representatives from regulatory and professional bodies include Mrs. Stella Jonah (NIC), Ernest Frimpong (Ghana Insurance University), and Mrs. Elsy Adadey (CIIG).
Peter Osei-Duah described the launch as “more than just a ceremonial event” and a “statement of values.” He emphasized that an industry that forgets its founders risks losing its soul and clarified that the IRFG is not a charity but an investment in professionalism, integrity, and the long-term stability of Ghana’s insurance sector. He encouraged retirees to view their legacy as ongoing and urged young professionals to uphold ethical standards in their careers.
In her keynote address, Dr. Zakariah explained that the IRFG aligns with the NIC’s core agenda of strengthening, growing, and sanitizing the insurance industry. She highlighted plans to establish a structured platform that incorporates retirees’ expertise into strategic planning, create a dedicated fund for retirees, and foster professional networking between past and present industry members.
Solomon Lartey, President of CIIG, described the forum as “a long-overdue bridge between the rich heritage of our industry and its vibrant future,” commending NIC and CIIG leadership for bringing the initiative to fruition.
The launch of the IRFG marks a significant milestone in institutional continuity within Ghana’s insurance sector, reinforcing the industry’s commitment to honoring its history while building a stronger, more ethical, and professional future.
