Introduce risk management functions to MDAs, other arms, CRMI tells govt

The Chartered Risk Management lnstitute of Nigeria (CRMI) has called on government at all levels to introduce risk management functions in ministries departments and agencies (MDAs) and other units of government. 

The call was contained in a president / chairman of council of  industry Prof. Ezekiel Useni’s speech delivered by the Registrar/ Chief Executive Officer of the chartered Risk Management lnstitute of Nigeria, Mr. Victor Olannye at the 2023 Port Harcourt quarterly risk roundtable on Saturday.

The president also stressed the need for government to convocate all key stakeholders, including various security agencies for the purpose of developing a national risk management framework for the economy.

He used the opportunity to inform the public that the Chartered Risk Management Institute of Nigeria is the only institute in Nigeria established by an Act of the National Assembly (Act No.39, of 2022).

The CRMI president warned individuals and members of the public to be aware of institutions not chartered by the Act of the Nigerian parliament going about as chartered risk management institutes and conferring fellowship to people.

In his words: “l will use this opportunity to say that CRMI is the only chartered risk management institute in Nigeria established by an Act of the National Assembly (Act No.39, of 2022).

 “We therefore advise individuals and members of the public to be aware of institutions not chartered by the Act of National Assembly going about as chartered risk management institutes and conferring fellowship status on people.”

He reiterated the commitment of the institute to train and equip its members with crucial skills required to navigate the complexities and risks inherent in the business environment.

While charging members to be worthy ambassadors of the institute, the president stressed that the presence of its members will strengthen the institute and further solidify the commitment to fostering excellence in risk management practices.