As parts of efforts to enhance risk management in the country, the President of Risk Managers Association of Nigeria (RIMAN) Mr Jude Monye has called for collaboration of capital market operators in order to effectively manage all aspects of risk in the economy. Money disclosed this when he led the executive and board of trustee members on a courtesy visit to the Nigerian Stock Exchange (NSE).
Monye who sounded the closing Gong while addressing stockbrokers and financial journalist said the issue of risk is no longer limited to the financial services sector due to the complex nature of business and its attendants risk in modern time. Stressing that RIMAN is committed to helping various organisations develop and train their manpower for the purpose of risk management.
He noted that membership of RIMAN cut across all professions ranging from banking, insurance, medical, and educational among others, because they all need professionally trained risk management officers.
According to him “it is for everybody, credit basically exists in financial sector but it also exists in other sectors. As an association, we have migrated to risk management and this has to do with all kinds of risk”.
On his part the Doyen of the day Mr Sam Ndata of Compass Securities Limited assured RIMAN delegates that they will look for ways to collaborates with the association.
Monye said RIMAN is set to take risk management to other sectors of the economy and are already developing its module to cope with emerging challenges.