Fidelity Bank ED, Kevin Ugwuoke takes over as President of Danger Managers Affiliation

Kevin Ugwuoke, Govt Director and Chief Danger Officer of Fidelity Bank Plc, has formally assumed workplace as President of the Chartered Danger Administration Institute of Nigeria (CRMI). His management guarantees a reform-focused period anchored on coverage advocacy, moral requirements, and digital innovation to deepen threat governance throughout sectors within the nation.

Talking throughout the presidential handover ceremony in Lagos over the weekend, Ugwuoke — who additionally doubles as performing President of the Federation of African Danger Administration Associations (FARMA) — described his election as “a name to motion.” He pledged to reposition CRMI as a thought chief and institutional companion in shaping the way forward for threat administration in Nigeria’s nationwide improvement.

“Our mission is extra than simply certification; it’s about strengthening the tradition of threat governance throughout sectors. We’ll collaborate with regulators, increase consciousness, and supply sensible instruments to assist organizations embed threat self-discipline in any respect ranges.”

Ugwuoke outlined a five-pronged technique to information his administration: strengthening skilled training and certification; deepening coverage and regulatory engagement; accelerating digital transformation; integrating ESG and local weather threat into company methods; and mentoring the subsequent technology of threat practitioners.

He defined that CRMI will align its initiatives with key coverage establishments — together with the Nigerian Financial Summit Group, the Nationwide Meeting, and sub-national governments — to assist embed strong threat frameworks into financial improvement plans.

“We should combine threat considering into how we plan, govern, and make investments. We’ll advocate for extra inclusive rules to empower small and medium enterprises, enhance macroeconomic stability, and foster institutional resilience.”

Ugwuoke additionally introduced plans to revise the Institute’s curriculum, introduce specialised certifications to mirror rising dangers, and implement a brand new Nationwide Danger Observatory to supply real-time threat information to each the private and non-private sectors.

“Digital innovation shall be central to how CRMI operates going ahead. We’re automating our backend, delivering extra digital coaching, and using know-how to scale our impression throughout the nation and past.”

In his remarks, the outgoing President of CRMI, Ezekiel Oseni, challenged the brand new management to consolidate on the achievements made beneath his tenure — from securing chartered standing and strengthening partnerships to gaining higher worldwide recognition — and take the Institute to the subsequent degree.

Additionally talking on the event, Chukwuma Nweke, deputy managing director of United Financial institution for Africa (UBA), delivering a goodwill message on behalf of Group Managing Director, Oliver Alawuba, described Ugwuoke as a worthy successor. “As Professor Oseni arms over the baton to Kevin Ugwuoke — a well-respected chief within the threat administration ecosystem — we’re assured CRMI is poised for higher achievements beneath his watch.”

Nweke careworn that rising financial uncertainties — from inflation and trade charge volatility to rising debt — underscore the necessity for a extra strategic view of threat. “Danger have to be acknowledged not as a compliance obligation or a price middle however as a key enabler of resiliency and progress. Establishments that embed threat into their methods will take in shocks extra successfully, unlock worth, and encourage investor confidence.”

As a part of the day’s ceremonies, 11 distinguished practitioners had been conferred with the Fellow of Chartered Danger Supervisor (FCRMI) award, whereas 21 new members had been formally inducted as Chartered Danger Managers (CRM). Moreover, a brand new Governing Council was inaugurated to supervise the affairs of the Institute for the 2025–2027 time period, marking a decisive step ahead in institutional renewal and coverage course.