Inductee (noun)

1. A person who is formally admitted or installed into an organization or group.
2. A person who is initiated into a particular role or position.

Origin:

This word is derived from the verb "induct" which means to formally install or admit into an organization or group.

Examples:

1. He was the newest inductee into the Hall of Fame.
2. She was an inductee into the honor society.
3. The inductee was given a warm welcome by the members of the club.
4. The inductee was honored with a ceremony.
5. The inductee was given a badge and a certificate as a symbol of his induction.