Ferreira gets chartered manager status

Patrick A Ferreira, group CEO/director of the CIC Insurance Brokers Group and Honorary Consul for the Republic of Peru in Trinidad and Tobago obtained “360-degree appraisals” from his colleagues.  Such professional affirmation enabled him, according to a release, to become the first local person to be awarded chartered manager status from the Chartered Management Institute in London, England.

A release said the accolade which was conferred by the Chartered Management Institute recognises Ferreira’s ability to manage a direct team of 100-plus staff and also deliver insurance and risk management expertise. The award highlights the importance of developing leadership skills and provides independent endorsement of Ferreira’s effectiveness and complements his other qualifications.

Meet high standards 

Another criteria for the historic accolade chartered manager status—was the need to show the impact of business by demonstrating how he had made a measured difference to the overall CIC Insurance group’s performance. Ferreira even submitted a portfolio of work for assessment. He completed the process with flying colours after a panel interview which was conducted by the Institutes’ assessors.

His success was measured against six nationally recognised skill sets including the ability to manage customer needs, information and resources. To prove his competency and remain at the top of the insurance game, Ferreira will have to undertake a three-year review.  It will involve submission of fresh evidence of ongoing business impact to retain his new chartered status.

About Ferreira 

Ferreira is no stranger to the insurance business and management, having spent most of his career with the Furness Trinidad Group.  He joined the CIC group two years ago as CEO.  He also served as a director of the Deposit Insurance Corporation (Subsidiary of the Central Bank) during the period 2002-2008.