In recognition of leadership and expertise in risk management, the Chartered Risk Management Institute of Nigeria recently inducted four senior officials from the Nigerian Deposit Insurance Corporation into its Board of Fellows.

The induction ceremony, held as part of CRMI’s commitment to advancing professional risk management in Nigeria, saw the distinguished honourees conferred the Fellow Chartered Risk Manager designation.

The new Fellows include Umaru Ibrahim, former Managing Director of NDIC; Bello Hassan, current Managing Director and Chief Executive Officer of NDIC; Mustapha Ibrahim, Executive Director of Operations at NDIC; and Emily Osuji, Executive Director of Corporate Services at NDIC.

Additionally, the President and Chairman of the Governing Council of CRMI, Ezekiel Oseni, praised the inductees for their unwavering commitment to promoting risk management best practices in Nigeria.

He highlighted their vital roles in strengthening institutional risk governance and supporting the launch of the Chartered Risk Manager professional certification examination, which has gained wide acceptance across multiple sectors.

Oseni also emphasised the collaboration between CRMI and NDIC, noting that it has positioned Nigeria as an emerging force in global risk management.

He noted that CRMI has secured international partnerships, including affiliations with the DCRO Institute in the United States and the International Federation of Insurance and Risk Management Associations.

“These four professionals and NDIC have been foundational to CRMI’s growth,” Oseni said. “Their dedication has earned NDIC several consecutive awards as the Best Institution in Capacity Building in Risk Management.”

In his response, Ibrahim commended CRMI’s efforts in professionalising risk management across the public and private sectors. He encouraged greater collaboration between CRMI and other chartered professional bodies to promote unified enterprise risk governance.

The current NDIC Managing Director, Bello Hassan, lauded the leadership of Oseni and reiterated NDIC’s commitment to strengthening risk management in Nigeria.

He stressed the importance of a unified approach within the profession to raise Nigeria’s profile globally. Hassan also reiterated NDIC’s full support for CRMI’s initiatives, noting the crucial role risk management plays in maintaining financial system stability.

The PUNCH reported that the President and Chairman of the Council of Chartered Risk Management Institute, Ezekiel Oseni, has advocated for the integration of risk management principles into the governance framework of all three tiers of government.