Risk Managers Society of Nigeria was established in 1985 as an association of corporate bodies dedicated to the advancement of Risk Management awareness and Risk Management culture in Nigeria. As an independent organization and membership association for risk management, RIMSON supports members in their professional development and execution of their roles, thus ensuring that the value of risk management is understood from entry level to board room level. RIMSON is a self-financing Society with membership cutting across all facets of the economy, Insurance, Oil & Gas, Agriculture, Manufacturing, Banking and Finance, Government Ministries, Departments, Agencies and Parastatals, Commerce, Consulting, etc. It promotes and influences further development of recognized Risk Management qualifications, driving research and market efficiency in commerce, industry, and the public sector.
RIMSON in the discharge of its human capital initiatives organizes periodic specialist training programmes, notably in highly technical jurisdictions such as Oil and Gas, Marine and Aviation as well as in contemporary strategies in Enterprise Risk Management, Risk Engineering and provides a veritable platform for professionals to stay in touch and communicate with one another through thought leadership in all areas of Risk Management RIMSON is steps ahead in core professional Risk Management Education by the establishment of the Centre for Risk Management Development (CRMD)-the Training, Education and Research arm of the Society. Approved by the Federal Ministry of Education, the CRMD is saddled with the primary responsibility of training and certifying world-class Risk Management Professionals. The Government approved Centre commenced operation in 2016 and has awarded the prestigious Certificate in Risk Management to professionals drawn from Human Resources, Insurance, Engineering and Marketing amongst other sectors of the economy.
MISSION To promote and entrench Risk Management Practice among Government Agencies and Parastatals, Corporate Entities, and Individuals for the perpetual benefit of all stakeholders. The founding fathers of RIMSON were Insurance Professionals with Chief (Dr) Dipo Bailey, past CIIN President and former Commissioner for Insurance/CEO at NAICOM as the Prime Mover. The founding fathers’ drive and commitment in berthing a formidable Risk Management Body stemmed from a desire to further entrench the risk management ethos and culture in the insurance underwriting process as well as develop a bedrock for Risk Management as a discipline of its own. RIMSON soon became quite visible in the Insurance Industry and was known to champion the establishment of RM Departments in most establishments, including some tertiary institutions in the country. It also promoted the Local Content Capacity Building imperative as a critical consideration for insurance Contracts in the early 1990s under the presidency of late Deacon Tola Adepoyigi (now late). Some of the pioneering arrowheads include: late Deacon Tola Adepoyigi, Risk & Insurance Manager, Mobil Producing Nigeria Unlimited, Mr. Adelekan, Risk & insurance Manager, Mobil Oil, Plc., Mr. J.A. Omoyeni, Executive Director, Wema Bank, Plc., Mr. Olatunde Olowude, Insurance Officer, Gulf Oil Co. (Chevron) Nig. Ltd., Mrs. Efiom-Ekaha, Insurance Manager, NNPC.
MISSION To promote and entrench Risk Management Practice among Government Agencies and Parastatals, Corporate Entities, and Individuals for the perpetual benefit of all stakeholders. The founding fathers of RIMSON were Insurance Professionals with Chief (Dr) Dipo Bailey, past CIIN President and former Commissioner for Insurance/CEO at NAICOM as the Prime Mover.