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CRMI Celebrates 25th Anniversary, Unveils University Risk Management Challenge

The Chartered Risk Management Institute of Nigeria (CRMI) will mark its 25th anniversary with a two‑day international conference in Lagos next week, convening central bank officials, regulators, corporate leaders and students to debate how organisations can turn risk management into a competitive “resilience edge.”

This is contained in a statement signed by the Registrar and Chief Executive Officer of CRMI Mr Victor Olannye, PhD, FCRM

The 25th Annual International Conference and Silver Jubilee Celebration, billed for 14–15 October at the Oriental Hotel in Victoria Island, will feature speeches from Special Guest of Honour Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), and keynote remarks from Dr. Armstrong Ume Takang, Managing Director of the Ministry of Finance Incorporated.

The event will bring together policymakers, chief executives, chief risk officers, academics and development partners from across Africa and beyond.

“Twenty‑five years ago, risk management in Nigeria was a back‑office function that few boards discussed,” said Kevin Ugwuoke, President and Chairman of the Governing Council of CRMI. “Today it sits in the boardroom.

The question is no longer whether an organisation manages risk, but whether it can turn that capability into an advantage.

That is what we mean by the resilience edge.”
Organisers say the conference comes at a critical moment as Nigerian firms navigate overlapping pressures from economic reforms, technological change, evolving regulation, climate stress and rising cyber threats.

Over two days, plenary addresses, panel sessions and technical workshops will examine how boards and management can anticipate disruption, adapt strategy and recover from shocks with competitive advantage.

A notable addition to this year’s programme is the maiden University Risk Management Challenge, an academic competition that pits student teams from Nigerian universities against a real world risk scenario.

Participating teams will present their analyses and solutions to a panel of senior practitioners, competing for financial grants, academic recognition and professional development resources.

“The profession’s next twenty‑five years will be built by people who are undergraduates today,” Ugwuoke said, stressing the institute’s aim to engage emerging talent “before the job market does.”

The conference will close on the evening of 15 October with a 25th Anniversary Award and Dinner Night that will recognise individuals and organisations that have advanced risk management practice in Nigeria.

Categories include Institutional Leadership in Risk Advocacy, Human Capacity Development in Risk Management, Risk Regulation Excellence, Chief Risk Officer of the Year, Digital & Cyber Risk Management Excellence, Young Risk Professional of the Year, and Excellence in Security Risk Management & National Security.

CRMI said the awards aim to highlight best practice and set benchmarks for corporate resilience, regulatory compliance and national security preparedness.

The event is expected to attract representatives from risk management bodies across Africa and international development partners.

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