The Chartered Institute of Bankers of Nigeria (CIBN) and Risk Managers Association of Nigeria (RIMAN) on Saturday inducted 37 candidates into its Certified Risk Manager (CRM) Certification programme.
The ceremony, which had the theme, “Enterprise Risk Management and Organisational Efficiency,” took place at the Lagos Oriental Hotel, Lagos.
The inductees are Ademola Vida Komo, Adeniji Oluwaseun Omotayo, Ashiante Orukpe Emmanuel, Aina Babatunde Jamiu, Ajiroba David Oluwagbemiga, Babayo Dalhatu, Badru Azeez Abiodun, Boluwade Daisi Ezekiel, among others.
Dr Ken Opara, President/Chairman of CIBN, while congratulating the inductees, described their induction as “the beginning of their journey.”
He said, “You have given a good account of yourselves by balancing your studies, work, and other personal responsibilities successfully. You have added another feather to your cap and this calls for celebration.
“Given the current socio-economic climate, your skills and expertise are in high demand as organisations need to respond to the emerging risks occasioned by disruptive innovations in the market place.
“The 4th Industrial Revolution, characterised by the adoption of emerging technologies such as artificial intelligence, robotics, quantum computing, blockchain, cryptography, Internet of Things (IoT), machine learning and cloud computing, has caused disruptions in the ecosystem.
“These new technologies have paved way for enhanced services, therefore enabling organisations to reach wider customer base.”
Meanwhile, Dr Ezekiel Oseni, RIMAN President, said risk management was more on the centre stage since the global financial crisis and the COVID-19 pandemic, noting that organisations were more conscious of how it was embedded in their structures.
“It is, therefore, imperative that to improve organisational efficiency, risk management has become an integral part of the decision making.
“Risk management objectives and organisational performance has, therefore, become an important process for organisations to survive.
“It is in line with this that today, organisations are expected to align their risk management objectives, risk approach, risk management framework, risk exposure impact, among others, to achieve excellent performance/efficiency.
“This has become pertinent in view of the global business environment that has witnessed uncommon challenges.
“Organisations are managing through unpredictable, and crisis prone business environment with attendant risk ramifications,” he said.