Conrad Clark, Thomson Reuters, BusinessDay partner on 2014 Nigerian Risk Award

In an effort to promote the culture of being proactive in managing risk which leads to sustainable business, Conrad Clark is partnering with Thomson Reuters and BusinessDay to celebrate organisations and individuals who have achieved measurable results through the effective implementation of enterprise risk management principles.

Speaking in Lagos at a press conference to announce the award, Ahmed Tunde Popoola, managing director/CEO, CRC Credit Bureau Limited, said risk managers and risk-compliant organisations will be rewarded for their dedication and commitment to their craft at the 2nd Nigerian Risk Award (NRA) holding on November 5, 2014 in Lagos.

The annual event is organised by Conrad Clark Nigeria (CCN) Limited in partnership with BusinessDay, Thomson Reuters, the UK Institute of Risk Management (IRM), Risk and Insurance Managers Association (RIMSON) and Association of Enterprise Risk Management Professionals (AERMP).

The nominations and submissions of entries for the award categories will run between August 4 and September 18, 2014. The categories for this year’s award are Risk Manager of the Year (now called BusinessDay 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 and 30 will be making its debut this year.
According to Joachim Adebayo Adenusi, CEO, CCN, “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 to 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 BusinessDay.
Bello Ummai, regional business director, West Africa, Thomson Reuters, says, “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.”
Some of the organisational winners of the inaugural NRA in 2013 were Access Bank Plc (The Banking & Financial Services Award); Mansard Insurance (Insurance & Pension Services), Guinness Nig. Plc (Manufacturing and Industry). Other awardees included Skye Bank Plc, Sterling Bank Plc, AIICO Insurance Plc, and Standard Trust Insurance Plc.