News Column

Conrad Clark, Thomson Reuters Partner On 2014 Nigerian Risk Award

August 4, 2014

Helen Oji

AS part of its commitment to promote professionalism in risk management practice, Conrad Clark Nigeria (CCN), organizers of the Nigerian Risk Awards, in collaboration with Thompson Reuters, Business Day has announced that nominations for the 2014 Nigerian Risk Awards have opened.

Speaking at a press conference in Lagos at the weekend, the Chief Executive of CCN, Joachim Adebayo Adenusi, explained that the award recognise and reward organisations and individuals who have attained high level of professionalism through the effective implementation of risk management systems, especially those who have developed creative and innovative solutions in overcoming the challenges of instituting a robust risk management framework needed for a sustainable business and organisations in Nigeria.

Adenusi, who was represented by the Director, CCN, Dr David Ade Thomas at the occasion, explained that the nominations and submissions of entries for the award categories will run between August 4 and September 18, 2014, adding the submissions for the Nigeria Risk Awards would be independently assessed and judged by a panel of highly distinguished individuals, drawn from within and outside the country including experts in the field of risk, corporate governance and leadership.

According to Adenusi, "the categories for this year's award are: Risk Manager of the Year (now called Business Day Risk Manager of Year), Banking and Financial Services Risk Award, Insurance and Pension Services Risk Award, Telecoms and Media Services Risk Award, Manufacturing and Industry Risk Award as well as the Oil & Gas Services Risk Award. A new award category, The Young Risk Manager of the Year, for individuals between ages 25 to 30, will be making its debut this year.

"More than any other time in the history of our nation, risk management must be on the agenda of every organisation private, public, not-for-profit and even religious organisations. That's the reason we are organising this award to generate discourse around the strategic importance of risk management and accord deserved recognition on distinguished practitioners and organisations. Preparations are on-going to host the second edition of the 2014 NRA.

"The submissions for the NRA will be independently assessed and judged by a panel of highly distinguished individuals, drawn from within and outside the country. This year, organisations winning each of the sector's category awards will also be given special reward (to be announced at the dinner) with an opportunity to get a full page editorial in the Business Day." .

Regional Business Director, West Africa, Thomson Reuters, Bello Ummai, said: "we are pleased to host our Governance, Risk and Compliance Summit in conjunction with Conrad Clark and are excited to be part of the Nigerian Risk Awards for 2014.

"The West African Governance Risk and Compliance Summit, which forms part of our global programmes of Summits of this kind, looks to bring all professionals in this field together to share knowledge and best practice approaches from a global as well as local perspective."

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Source: AllAfrica

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