Insurance

Experts harp on benefits of risk management

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From left: Bishop of the Africa Church, Agege, Rt. Rev Hezekiah Adetoro; Ace Broadcaster, Traffic Radio, Victor Oteri; Executive Vice-Chairman, IBN Limited, Prosper Okpue, representative of Manufacturers Association of Nigeria (MAN), Oluwasegun Oshidipe; Author, Jacob Adeosun; Mrs Adeosun and Managing Director FBNInsurance Val Ojumah at the event

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Chuks Udo Okonta

Experts from different fields of endeavours have canvassed the need for entrenchment of risk management in all human activities.

According to the experts, who gathered today, in Lagos at the public presentation of a book entitled: Risk Management and Other Professionals, authored by the President, Risk Managers Society of Nigeria (RIMSON), Engr. Jacob Adeosun, risk management should be entrenched in every sphere of human endeavours.

The experts urged the government to promote risk management culture in the society and ensure that professional risk managers are engaged to help mitigate risks, so as to save lives and properties.

The Author of the book, said risk management should be in the front burner, especially now that the nation is in recession. He noted that comfort zone, has become uncomfortable, dollar boom, disappeared and national wealth eroded, stressing that the time to secure the future is now.

Adeosun noted that the book is expected to break a new frontier of knowledge in risk management amongst professionals, managers and officers in government, including those in commerce and industry.

Executive Vice-Chairman, IBN Limited, Prosper Okpue, who was the chairman of the event, applauded the author for contributing greatly to risk management and training of risk surveyors. He noted that risk is inherent in all human activities, hence must be management properly to forestall financial and economic wastes.

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Oteri

Ace Broadcaster, Traffic Radio, Lagos, Victor Oteri, who was one of the book reviewers, noted that the book provides solution to risks challenges in the society, whilst calling on the government to focus more on risk management.

He maintained that risk management should be everybody’s business as risk does not respect persons. He added that the book would really help open the mind of people to effective risk management.

He urged companies to procure the book, stressing that no board will be complete without the book.

According to him, risk management requires special skill, hence the book has helped put people on the right highway of knowledge. He said the book is enriched to ensure that risk management becomes part of human daily activity.

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Ojumah

Managing Director, FBNInsurance Limited, Val Ojumah, who was the second reviewer of the book, said the book was well articulated as it covers all the daily activities of man.

“The simplicity of the book is capture in every page. The author put in the book what we do every day,” he said.

According to him risk management is not for only professionals, but for everybody, noting that it is practice by all of us knowingly and unknowingly.

Ojumah called for the translation of the book into Nigerian languages.

The representative of Manufacturers Association of Nigeria (MAN), Oluwasegun Oshidipe, noted that the association sees the book as a literature specially packaged for mankind, adding that the author, in the book, thrown up the need to guide against corporate failure.

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