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December 2016
Dear IRMSA members
After a year that must represent one with the most significant
developments that kept organisations and risk professionals on
their toes across all fronts, in recent times, both locally and
internationally, there is very little for me to say than to wish you
a restful period over the holiday season.
Very important for me, is to thank all the staff of IRMSA, who
have tirelessly worked with enthusiasm and unfaltering passion
to deliver both strategically and operationally, under the
capable leadership of Gillian le Cordeur. Thank you too, to the
IRMSA Executive Committee who give freely of themselves to
work as a unified body of people, and as you steer your
respective portfolios with members of the subcommittees of the
main Exco – it has been a great year!
A big thank you to our many volunteers who willingly raise their
hands to contribute to a wide range of projects and initiatives.
To our members who have participated in the many events,
What a year this has been! I cannot actually believe that this
year is coming to an end and we are all gearing up for the
holidays.
2016's focus has been on the 'Future Fit Risk Manager'.
Everything we as an Institute did this year had the theme of the
future risk manager and what it is that organisations and
industry need in order to flourish or survive in this very
demanding business landscape that is continuously changing
and challenging.
This year we had a record number of events and training
sessions with a record number of attendees. The IRMSA team
was kept so busy, without pausing for a moment. This urgency
to provide the various sessions was in direct response to the
demands of our very enthusiastic members who constantly want
to learn, network and up skill, and of course because their
organisations and boards are becoming more demanding of
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including training and board exams etc., that the IRMSA
calendar offered in 2016, I do hope that you found these of
value. To those of you who have commenced your studies
through BankSeta I wish you well and look forward to feedback
re course content etc.
Our roles as risk managers remain essential and the demands
on us grow exponentially as we ensure that we deliver on our
risk management mandates in the organisations we are
employed by. I remain absolutely convinced that we are
involved with one of the most exciting and challenging
professions available to earn a living. It is so relevant and so full
of opportunity to keep us engaged, contributing and of value to
organisation stakeholders.
Over the holiday period I urge you to look back over your year…
smile at those components of your job that you feel were
delivered well and reflect on those aspects you are going to
focus on a little more in 2017. There is much to be proud of and
so much to look forward to.
Until we meet up again in 2017… go well and go safely. Wishes
to each of you for rest and relaxation and an opportunity for
quality time with those most important to you.
Sheralee Morland
PresidentThe Institute of Risk Management South Africa
2016 was not only a year of rapid change and excitingnew discoveries but also one of surprises, often leastexpected. Locally the Fees Must Fall campaign and localgovernment elections and internationally BREXIT and theUSA elections gave risk mangers everywhere much tocontemplate.
All these challenges and the continuous evolution of riskserved IRMSA well. Click to read more…
them as risk management becomes even more valued. The
conversations that we have had all year have been about the
future fit risk manager and have shown us that communication,
continued learning, benchmarking and clever reporting are vital
skills that all risk professionals need to ensure that they acquire
and continue to be proficient in. We see more and more how
risk practitioners are leading risk management within their
organisations.
Other challenges focussed on this year was the relationship of
risk and opportunity, highlighted in King 4, and of course
innovation and the risk of not keeping up or being ahead of the
game. The good news is that IRMSA will continue to support
members with these challenges, amongst other interventions in
2017. We realise how important it is to keep opportunities and
innovation on our radars but the question we need to answer
now is 'how?' so we will be working with members next year
to explore these and other areas and come up with some fresh
guidelines that will assist us all on this new path that we find
ourselves on.
Two major highlights of my year were most definitely being
privileged to attend the IFRIMA meetings, on behalf of IRMSA,
in San Diego in April and most recently in Hong Kong during
November, accompanied by our President, Sheralee Morland. At
the same time, I was able to attend the RIMS Conference and
then the PARIMA Conference. IRMSA is actively working with
the various international risk management bodies to share best
practice and exploring ways of aligning and endorsing our
certification programmes. The IRMSA board exams and
qualifications have been highly regarded and will place our
South African Risk Managers who are following the IRMSA
professionalisation path in a very good position, not only in
South Africa but globally too.
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December often provides an opportunity to pause andreflect on the year that is rapidly passing. For my family itwas filled with many heart wrenching moments, whichunfortunately were echoed by external national and globalshocks and events. It was also however filled withmoments of milestones, joys and the wonder at the abilityof people’s inner strength and resilience. Click to readmore…
As usual 2016 started with a lot of enthusiasm. Thanks toa highly motivated team that is ever ready to serve themembers. One of my highlights for this year was the transformationat the Institute, especially at EXCO level with 50% womenrepresentatives. This shows progressive change inrecognising the demographics of the country. Moreover, tosee more people willing to donate their time in order tomake a contribution to the Institute. Click to read more…
The professionalisation of risk management is no longerjust a dream but a reality. 2016 has seen 72 candidateswrite the Certified Risk Management Practitioner (CRMPrac) Board Exam 1 with a total of 16 qualifyingsuccessfully in the June 2016 exam. The November 2016results will be released in February 2017. Candidates arecompleting their work experience Logbooks in order tomeet the requirements to be awarded the designation.Click to read more…
IRMSA is fortunate to
have a wealth of
dedicated members who
serve on committees and
working groups. We get
to see first hand why
South Africa is most
certainly a leader in risk
management. We are
grateful to our
volunteers and sponsor
companies who really keep the momentum going and the
energy high. IRMSA is most definitely a professional body that
can say that everything that is accomplished is 'for the
members, by the members'.
Looking forward to 2017, we are excited about what lies ahead.
Our Risk Managers have a big year ahead and will continue to
lead into the future. We wish all of our members a very
peaceful festive season and holiday. We hope that you will find
some time to rest and get ready for 2017 as next year is going
to be a very active year for all members with so much to look
forward to.
Gillian le Cordeur
Chief Executive Officer
The Institute of Risk Management South Africa
IRMSA has had excellent achievements in the year 2016.The Risk Qualification has particularly made strides in therisk management industry. Risk Managers proudly displaythe Certified Risk Management Practitioner (CRMP)designation. This has paralleled the likes of CharteredAccountant (CA) designation. We are very proud of theachievement. Click to read more…
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Wow what a Year!!! It has been nothing but a year ofwealth and prosperity in terms of the learning andknowledge acquired. As a member of the institute I ammoving over to 2017, with a family that has got a visionand purpose that inspires me. The events in 2016 werespectacular and I know that we can only get better. Clickto read more…
The Public Sector Committee has certainly been apropellent of change on all things risk management in thePublic Sector. The subcommittee ensured that meaningfulprogrammes were considered during the year, and moreso encouraged by the IRMSA Executive Committee tomake an impact in the development of risk management inthe Public Sector. Click to read more…
2016 has been a challenging year for our country butwithin these challenges were also opportunities. Thereneed for a proper risk management process wassignificantly identified in all the governance and servicedelivery challenges faced by organisations and thecountry. Click to read more…
From my side I would like to reflect on the work that wehave done in the legal and risk committee.
We have been working on our Terms of Reference foreach of our subcommittees to ensure alignment. I'm alsoglad that we were able to finalize our lease agreement,thereby remaining in the same premises for the next threeyears.
Click to read more…
2016 a year of tremendous change and surprises locallyand globally, and one which highlights that the riskprofession must always encourage their organisations tobecome resilient. Click to read more…
CruywagenIRMSA Risk Foundation InternshipArticles
Manamane Maserumule
During the month of October I was fortunate to partake in an
international internship program with the Cruywagen Institute
of Risk Management and the Katie School of Insurance in
Illinois, Chicago. A few months earlier I went through the
interview and selection process at the IRMSA offices. To be in a
boardroom presenting and being interviewed by industry
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IRMSA Membership
2016/2017 Annual Membership Fees
Please ensure your membership is up to date for the currentmembership year. Fees were due 1 March 2016. Ensure payment is made as soon as possible, using theinvoice number as payment reference.
Click here to request your invoice to be resent .
Email proof of payment to [email protected]
Thank you for your continued support!
2016/2017 Membership Certificates
Remember you are able to download your membership
certificate, direct from your online profile.
Request assistance with certificate download/Request Log in
details.
2016/2017 Membership Fees Notice
The renewal date for membership is 1 March 2017. The below
fees are for budgetary purposes only.
Invoices for 2017/18 membership will be sent out in February2017, via email.
Please await the invoice and ensure to use the invoice number
as payment reference.
The Membership Committee has taken into account both
inflationary pressures on Institute overheads as well as
benchmarking against other professional bodies.
leaders in the field of risk management was nerve wrecking. The
Internship program was threeweeks long, with myself and
Rethabile Motholo, spending two weeks in Illinois. The last
week was based back in South Africa, in and around Gauteng
and we were joined by Altus Combrink.
Rethabile Motholo
It all started with being shortlisted for the Cruywagen IRMSA
Risk Foundation Intern Programme for 2016; I was invited to
attend an interview and make a presentation to a panel
consisting of various Foundation Board members. After being
told that I was selected to participate in the Internship
programme that took place in October 2016 both in the United
States and South Africa I knew this is the beginning of growth
in my career.
Altus Combrink
The IRMSA corporate SA internship week: extremely difficult to
describe in only a few words. This amazing opportunity started
at the Garden Court Hotel in Sandton, where Zandie Nyembe,
an IRMSA employee, met us and briefed us about all the events
taking place from the 24th to the 28th of November 2016. It
was a packed schedule but Zandie made sure that we were
informed and ready to start this exciting week of networking
and knowledge advancement.
2016 IRMSA AnnualConference and MasterclassPresentations
Newly released presentations from the
2016 IRMSA Annual Conference and
Masterclass Speaker Presentations in
August 2016.
Click here to view the speaker presentations.
*Note: You need to be signed in to view these presentations.
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Attention all IRMSA Professional Designation Members
As you are aware, per the requirements of the SouthAfrican Qualifications Authority (SAQA), it is mandatoryto maintain and update your CPD Points. This is anurgent reminder to update your CPD points via
your online profile as soon as possible in order
to maintain your designation.
For assistance contact [email protected]
Johannesburg 21 February 2017
Cape Town 23 February 2017
Durban 28 February 2017
What's new on the IRMSAYouTube Channel
Newly released video of the IRMSA Risk
Summit on 5 May 2016 – Carol Fox –
RIMS.
Click here to view our YouTube
Channel.
Click here to subscribe to IRMSAInsight on YouTube.
IRMSA awards Gala DinnerPhotos
Click here to view the photos of the
IRMSA Awards Gala Dinner that took
place at The Theatre on the Track,
Kyalami
Should you wish to contribute to this newsflash, please contact the IRMSA Team at [email protected]
Contact IRMSA
Tel: 011 555 1800 | Fax: 086 647 6191 | Email: [email protected]
1st Floor, Block A, Grayston Ridge Office Park, 144 Katherine Street, Sandton, 2196
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