RIMSON canvasses engagement of risk managers


From left: Deputy President, Risk Managers Society of Nigeria (RIMSON), Raymond Akalonu; President, Jacob Adeosun; Director-General Lagos Chamber of Commerce and Industry (LCCI) Muda Yusuf; Former President RIMSON, Mrs Effiom Ekaha and Director, Research & Advocacy LCCI, Vincent Nwani at a courtesy visit to LCCI in Lagos.

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Chuks Udo Okonta

The Risk Managers Society of Nigeria (RIMSON) is retooling in a strategic drive at making Risk Management the bedrock of both public and private sector business and governance in Nigeria.

Established in 1985, RIMSON, is an Association of Corporate bodies and individual professionals dedicated to the advancement of Risk awareness and Risk management culture in Nigeria. It is a self financing society with members cutting across all facets of the economy: Energy, Banking and Finance, Insurance, Manufacturing, Government Parastatals, Construction and more.

A statement signed by Joseph Obah, media and events management consultant to RIMSON, provides insights into the Body’s ongoing efforts and contributions to economic growth.

The statement states that “Over the years, RIMSON has continued to contribute towards human capital development initiatives through regular specialized Training, notably in Oil and Gas, Contemporary strategic seminars in Enterprise Risk Management, Professional advocacy and promotion of best practices as well as synergy with local and international bodies.”

He quoted Engr. Jacob Adeosun, President of RIMSON as saying that “Our joint professional training with the Institute of Risk Management, London in 2010 as well as the 2014 collaboration with The Nigerian Council of Registered Insurance Brokers( NCRIB) and the Institute of Loss Adjusters of Nigeria (ILAN) in a workshop on Challenges and Solutions in Insurance Claims Administration, are a few testimonies to our efforts in growing the human capital in this vital knowledge area.

Speaking on part of the current repositioning of RIMSON, Adeosun, president of the 30 year old body mentioned the renewed drive to bring all stakeholders on board the risk management flight, stating that the visits to The National Insurance Commission ( NAICOM), Lagos Chamber of Commerce and Industry (LCCI) as well as Manufacturers Association of Nigeria ( MAN) engender a positive drive in the direction of the policy thrust of RIMSON to bring risk management in the front burners of business governance in the country.

Adeosun also said RIMSON has recently opened a window of opportunities for upcoming risk managers across the economy to study and become properly certified as Associates in Risk Management under the aegis of The Institutes of USA, stating that the drive for student membership has begun with high hopes of making the effort to yield positive results of enhancing professionalism in Risk Management while broadening the scope of the practice in Nigeria.

The statement gave a brief preview of RIMSON’s 2016 Risk Management Conference coming up from 5 to 6 May in Lagos. The theme of the conference “Risk Management as Catalyst for Economic Growth” is said to be geared to x-raying the relevance of risk management to the ongoing social and economic revival of the Nigerian State. The release states “Our country is in dire need of the expertise of Risk Managers in order to complement government’s economic recovery strategy and to achieve the best results.

It further stated that the public and private sectors would do much better in embracing risk management to prioritize and drive new investments and projects, unlock untapped resources in agriculture, energy, health and manufacturing while preventing avoidable waste of scarce resources thus conserving national wealth.

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