2008/9 Annual Subscription

Unfortunately there was a long delay in finalising membership subscription levels and we apologise if this has caused any inconvenience. The Membership Committee has taken into account both inflationary pressures on Institute overheads as well as benchmarking against other professional bodies.

Please update your details:

Many of the contact details that we have on file for our members appear to be out of date, please follow this link to submit your contact details via our website. Each person who updates their details on our website stands a chance to win a complimentary ticket to our Johannesburg conference (22-23 October) valued at over R 5 000.00.

An invoice for the subscription fee related to your personal membership category has been sent to you for settlement. Our Banking details as well as your reference number appear on the invoice. If you would like to pay by credit card, please email, fax or telephone your credit card information to our offices – no surcharge is applied.

If you are not resident in South Africa, payment of the subscription is required net of bank charges or other transaction fees. If you choose to pay by telegraphic transfer (SWIFT), please pay the transfer fee at your bank, to ensure that IRMSA will not incur this charge. If you are unable to pay the fee at your bank please add an additional US$20 to cover the bank service charge. Since banks charge different fees, no refunds or adjustments will be made if the service charge is less than US$20.

By renewing your subscription each year, you are agreeing to adhere to the bye laws and conduct standards as a condition of membership.

Why renew your subscription?

IRMSA membership enables you to get more out of your life and career. IRMSA exists to assist you to get the skills that your require to succeed at the highest level is the sphere of risk management.

IRMSA membership is highly regarded in the workplace with some companies even insisting on IRMSA membership for their risk management professionals, knowing that their businesses will benefit from the expertise and strategic vision that IRMSA risk managers possess.

Don’t miss out, renew your membership today.

If you have any queries regarding membership or payment, please contact our Membership Administrator, Kathleen on 011 234 5898 or by e-mail to admin@irmsa.org.za .

It is always useful to review the benefits of IRMSA membership:

	Professional accreditation – as the custodian of the discipline of enterprise risk management, IRMSA accreditation raises credibility and protects your professional status.
	Standards - The IRMSA Code of Practice remains the primary reference point for establishing an ERM framework in South Africa and is a prescribed work at Universities. A Technical Committee is in place developing a number of projects which will evolve into position papers benchmarking best practice across a range of issues. The Institute also chairs the StanSA working party on the development a South African Standard for Risk Management aligned to the upcoming international ISO standard.
	Training – Last year, IRMSA launched the first in a series of professional training programmes – “The ERM Roadmap” being an awareness level intervention designed to assist senior and middle managers understand and work with key concepts in ERM. 2008 will see the endorsement of specific courses aimed at the practitioner level of Risk Management. The first of these courses is the University of Johannesburg’s Certificate in Business Management – Risk Management, visit the IRMSA website for more information on this course.
	Education – designed to underpin membership accreditation status, negotiations are underway to introduce a range of internationally recognised risk management qualifications to South Africa. Our interactive website www.irmsa.org.za offers members access to a comprehensive library with search facilities for reference or research.
	Publications – The “IRMSA Newsletter”, which admittedly has not been regular of late but will resume within the month, with current events and suggested reading has be supplemented by a print publication called “Enterprise Risk”, which is endorsed by IRMSA, carries our logo and provides in depth features and profiles directly related to the ERM platform – a reduced subscription rate is available for IRMSA members.
	Professional development – through regular regional breakfast and other briefings, the Institute offers members the opportunity to learn from cutting edge presentations by acknowledged professionals in risk management or specialist fields. Annual themed conferences, both in Johannesburg and Cape Town, focusing on current risk management issues and sourcing the best Risk Management professionals available as well as our Annual Dinner and Risk Management Awards – showcasing and rewarding best-practice risk management. These events offer superb networking opportunities to meet and engage with your peers. In addition, IRMSA members receive notification of available jobs in the risk management arena via our website “Jobs” section and direct email.
	Pricing – all members, irrespective of grade enjoy preferential pricing at all IRMSA hosted or endorsed events or for the purchase of publications.

Remember to diarise the 2008 Conference – The IRMSA Experience – it will be held on 22-23 October at the Indaba Hotel in Fourways, numbers will be limited and we are expecting a full house, so remember to book early and take advantage of the reduced rate. The theme this year will be “Embracing Risk in Challenging times” – this topic received the most votes in our online survey. A one day conference featuring the same theme will be held in Cape Town on 29th July. Also don't forget our Annual Members Dinner, which will take place on 9 September. Look out for further information on these prestigious events on our website.

Indeed, we would encourage you to visit our website on a regular basis to keep up to speed with Institute news and events.

It is a pleasure to have you as a Member; thank you for your support and we look forward to receipt of your subscription for this year.

Regards,
Reginald Haman
President