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CRMI certifies Zenith Bank’s Onyeagwu as Institute’s fellow

Stockbrokers’ Institute inducts Onyeagwu associate member

The Chartered Risk Management Institute of Nigeria (CRMI) has bestowed upon Ebenezer Onyeagwu, Group managing director and Chief Executive Officer of Zenith Bank Plc, the title of Fellow, Chartered Risk Manager (FCRM), accentuating Zenith Bank’s dedication to exemplary risk management practices and its pivotal role within the Nigerian financial landscape.

This accolade was officially conferred upon Onyeagwu during a courtesy visit by CRMI executives, spearheaded by Ezekiel Oseni, President and Chairman of Council, to Zenith Bank’s headquarters in Lagos.

During the visit, Zenith Bank was lauded for its exceptional risk management framework and its contributions to the broader financial sector. Oseni commended Zenith Bank for its robust risk management practices, emphasizing the pivotal role they play in enabling business growth.

Onyeagwu underscored the paramount importance of risk management across diverse sectors, advocating for mandatory CRMI membership for fintech companies, listed firms, the Ministry of Communications and Digital Economy, and its affiliated entities. He highlighted the growing risks posed by technology, stressing the need for comprehensive risk management integration into organizational frameworks.

Furthermore, Onyeagwu emphasized the necessity for enhanced risk management training, particularly in light of the escalating incidence of digital fraud. He proposed the inclusion of risk management as a course in higher institutions to bolster capacity in this specialized field.

Read also: Zenith Bank to pay shareholders N125.6bn dividend in 2023

During the fellowship certificate presentation, Oseni reiterated the significance of the honor, emphasizing that it was earned through Onyeagwu’s dedication and expertise. Onyeagwu, in accepting the certification, reaffirmed Zenith Bank’s unwavering commitment to supporting CRMI in its pursuit of excellence.

The Chartered Risk Management Institute of Nigeria was established by Act No. 39, 2022 of the Parliament and assented to by The President,

Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria, Muhammadu Buhari, GCFR, in

December, 2022, for the main purpose of promoting sound risk management practices that are in tandem with global best practice, across all the private and

public sectors in Nigeria. The Institute was formerly Risk Management Association of Nigeria (RIMAN) with institutional and individual membership across all sectors.

In furtherance of its capacity-building initiative, the Institute is set to confer the title of Chartered Risk Manager (CRM) and Fellow Chartered Risk Manager

(FCRM) on qualifying individuals who have sufficient risk management knowledge and have been involved in the practice of Risk Management over the

years. This is a one-off exercise.