Emefiele urges risk management institutes to equip professionals

Oluwanifemi Ojo
Oluwanifemi Ojo
Governor of the Central Bank of Nigeria, Godwin Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has called on the Chartered Risk Management Institute of Nigeria to develop risk management professionals who can create and implement effective risk management strategies in the economy.

The Punch reported that he made this statement on Thursday during the inauguration of the CRMI in Lagos, formerly known as the Risk Management Association of Nigeria.

Emefiele acknowledged the institute’s efforts in elevating risk management practices in Nigeria through the provision of high-quality training and certification programs.

In his words, “As noted earlier, the elevation of RIMAN to a chartered institute is a clear testament to your collective commitment to enhancing risk management practices in our country; through the provision of high-quality training and certification programs.”

He charged the institute to use its position to develop a pool of skilled risk management professionals who can create and implement effective risk management strategies and procedures to contain various forms of risks and support the growth and stability of Nigeria’s financial system in the current rapidly changing world.

The Governor who was represented by the Director, Risk Management Department, CBN, Dr. Blaise Ijebor noted that the institute had the potential to make significant contributions to the broader financial sector and the larger economy by promoting best practices in risk management.

He encouraged the institute to see itself as a change-maker in the joint effort to grow the national economy and improve the standard of living for the common man. Emefiele commended the institute’s leadership and vision and urged all its stakeholders to support the institute’s mission to promote sound risk management practices.

According to the President of CRMI, Dr. Ezekiel Oseni, the inauguration of the Chartered Risk Management Institute of Nigeria marks a significant day in the history of risk management in Nigeria.

The president of the organisation said, “Our aim is to ensure that individuals and organisations in Nigeria adopt excellent risk management practices to achieve their strategic objectives in a secure and sustainable manner.”

He said the creation of this institute shows the commitment and dedication of professional colleagues towards advancing the practice of risk management and providing opportunities for growth and development for its members.


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