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IRMSA AGM update

Posted By Administration, 18 July 2013

The Institute of Risk Management of South Africa (IRMSA) recently held its Annual General Meeting in Johannesburg. This event was an opportunity for the organisation to reflect on developments in the 2012/13 financial year.

The speakers on the day included the IRMSA President Hennie Thessner, IRMSA CEO Gillian le Cordeur, Bernice Francis (who gave the financial report) and Nicky Weimar - an economist from Nedbank delivered the key note address. IRMSA members also got an opportunity to elect a new member for the Executive Committee, a process facilitated by IRMSA executive member and honourary secretary Nico Bianco.

IRMSA president Hennie Thessner delivered his presidential report. In his comprehensive report, he highlighted the tremendous membership growth that IRMSA experienced in the past year. He then outlined the main developments and explained how these will help improve standards of the risk management profession. Thessner also reflected on some of the major achievements of IRMSA and congratulated everyone for their contribution in the success of the institute.

After the presidential report, IRMSA Vice President Bernice Francis presented the annual financial statements. Her core message was that IRMSA is in a strong, sustainable and stable financial position. IRMSA delegates accepted and adopted the annual financial statements, in addition they gave the green light to the current auditors continue their auditing work for another year. Francis thanked all members for their financial contribution to IRMSA.

IRMSA CEO, Gillian le Cordeur, then gave her report for 2012/13 and outlined some of the plans for the 2013/14 financial year. In 2012/13 there were institute succeeded in setting and implementing a framework education and accreditation. This, as an effort to professionalise and develop the skills of risk managers. These developments are a significant milestone especially as IRMSA celebrates its 10th year anniversary this year.

Le Cordeur reiterated membership growth indicating that the team has a plan to manage and maintain this growth. Apart from increasing engagements with members including more events and training session, IRMSA will also introduce student membership structure to attract tertiary students. Furthermore, IRMSA will conduct its first training session in Namibia in September.

The CEO appealed to members to continue taking part in the events organised by IRMSA, in particular the annual Awards Dinner ceremony and conference planned for later this year. These major events will be preceded by Risk lab scheduled for July and the inaugural public sector breakfast in the next quarter.

Lastly, the CEO encouraged members to she encouraged members to give input and feedback to IRMSA especially through the various channels such as twitter, website, blogs and IRMSA newsletters which are there to enhance communication with all members.

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