Nigerian Risk Awards to promote risk management skills transfer

05 Apr 2016
Financial Nigeria


The NRA 2016 will hold on April 7th, at the Four Points by Sheraton Hotel, in Victoria Island, Lagos.

Joachim Adenusi, Director General of Nigerian Risk Awards, and CEO, Conrad Clark Nigeria Limited

The Nigerian Economic and Social Risks Summit will hold in Lagos on April 7, 2016. The summit, which comprises of a business lunch and risk awards presentation, will address key economic and social risks in Nigeria. It will also recognise firms and individuals that have played important roles in promoting enterprise risk management.
The Nigerian Risk Awards (NRA) is an annual event that has, over the last two editions, conferred honours on individuals who made impacts in their organisations through effective risk management as well as organisations that have implemented good governance, risk management and internal control systems and strategies.

The NRA 2016 will hold at the Four Points by Sheraton Hotel, in Victoria Island, Lagos. Entries for the event opened on November 2, 2015 and closed on January 29, 2016. The awards are in several categories. The individual categories include “Risk Manager of the Year” and “Young Risk Manager of the Year” (who must be between the ages of 25 and 30).

These awards will recognise outstanding risk practitioners who have led or introduced risk management practices that made significant impacts in their various organisations.

The sectorial categories are designed to recognise organisations that have embedded a risk culture and can demonstrate how enterprise risk management has enabled the achievement of business objectives. The sectors of focus are Banking and Investment Services; Insurance and Pensions; Telecoms and Media Services; Manufacturing; Production and Industry; Oil and Gas Services. Others are Technology, Transport & Aviation, Healthcare, among others.  

For the 2016 awards, the NRA introduced new categories on public risk perception. These provide the public with an opportunity to vote for professionals and organisations that are adding value to society while effectively managing operational risks. The new categories include “The Best and Most Effective Health and Safety Initiative in Nigeria” (Oil and Gas, Manufacturing, Aviation and Marine); “The Safest and Cleanest Hospital in Nigeria” (Public Votes – Lagos only); “The Safest and Cleanest Hotel in Nigeria” (Public Votes – Lagos only); and “Best Fleet Management in Nigeria.”  

Chairman at the summit will be Brig. Gen. Anthony Ukpo (Rtd). He will be joined by Special Guest Speakers, Frank Aigbogun, CEO, Business Day and Alexander Mould, CEO, Ghana National Petroleum Corporation. One of the high-level panelists, Dr. Ebun Sonaya, will speak on "Nigeria's Social and Behavioural Issues vs Economic Growth - What is the Way Forward?" Tunji Anjorin, also a panelist, will lead the discussion on "Quality of Nigerian-Made Goods/Services vs The Cost of Running Business."

Joachim Adenusi, Director General of Nigerian Risk Awards is the host of the event. Adenusi is also Chief Executive Officer of Conrad Clark Nigeria Limited, an enterprise risk and management consulting firm. According to the host of the summit, part of the objectives of the summit is to help businesses mitigate risk and "promote Risk Management education and skills transfer which contributes to nation building."

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