CRMI president to focus on standards, digital innovation

The Executive Director and Chief Risk Officer of Fidelity Bank Plc, Kevin Ugwuoke, has formally assumed office as President of the Chartered Risk Management Institute of Nigeria (CRMI), with an agenda focused on policy advocacy, ethical standards and digital innovation to deepen risk governance across sectors in Nigeria. Speaking during the presidential handover ceremony held […]

The Executive Director and Chief Risk Officer of Fidelity Bank Plc, Kevin Ugwuoke, has formally assumed office as President of the Chartered Risk Management Institute of Nigeria (CRMI), with an agenda focused on policy advocacy, ethical standards and digital innovation to deepen risk governance across sectors in Nigeria.

Speaking during the presidential handover ceremony held in Lagos at the weekend, Ugwuoke, who also doubles as acting president of the Federation of African Risk Management Associations (FARMA) described his emergence as “a call to action,” pledging to reposition CRMI as a thought leader and institutional partner in Nigeria’s national development discourse.

Ugwuoke announced a five-pronged strategy anchored on: strengthening professional certification and education; deepening regulatory engagement; accelerating digital transformation; integrating ESG and climate risk into corporate strategy; and promoting youth engagement in the risk management profession.

He said CRMI would work more closely with key policy institutions such as the Nigerian Economic Summit Group (NESG), National Assembly, and sub-national governments to ensure structured risk frameworks are embedded in economic development plans.

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On professional standards, Ugwuoke announced plans to revise the institute’s curriculum, introduce new certifications tailored to emerging risk trends, and upgrade its learning management systems. He reiterated that a national risk observatory is also on the cards, aimed at delivering real-time risk intelligence to the public and private sectors.

“Digital innovation will be central to how CRMI operates going forward. We are working to automate our backend systems fully, deliver more virtual training, and use technology to scale impact across Nigeria and beyond,” he said.