ATLANTA – A memorandum of understanding has been struck by the Risk & Insurance Management Society Inc. and the Pan-Asia Risk & Insurance Management Society Inc. to increase possibilities for risk professionals across the Asia Pacific region to acquire the RIMS-Certified Risk Management Professional qualification.
At the RIMS Riskworld conference on Monday, the MOU was officially signed by Jennifer Santiago, who is the president of the RIMS 2023 board; Ward Ching, who is the chair of the RIMS-CRMP commission; Gary A. LaBranche, who is the CEO of RIMS; and Franck Baron, who is the co-founder and chairman of PARIMA.
According to a statement released by the New York-based risk management association, the objective of the cooperation is to set a standard of expertise and understanding for those working in the risk industry that is recognised and recognized on a global scale.
Certification Program Co-Developed by RIMS and Pan-Asian RIMS
The RIMS-CRMP exam prep workshop will be marketed, promoted, and delivered to the Pan-Asian risk community by PARIMA, based in Singapore. On the other hand, RIMS will be responsible for the delivery of course materials, case studies, and instructors, as well as the management of administrative and certification responsibilities.
The RIMS-CRMP certification is the only one in the world that carries an authorized risk management designation. The certification meets the requirements of ISO/IEC 17024:2012 and has been accredited by ANSI.
In the statement, Mr. LaBranche spoke to the importance of establishing a worldwide baseline for risk management skills and knowledge as an essential first step toward advancing the profession.
“The collaboration will enable the RIMS-CRMP certification to be more relevant to the region and better position risk professionals to drive the key themes of resilience and sustainability for organizations across the region,” said Mr. Baron. “The RIMS-CRMP certification will also be more relevant to the region.”
The RIMS-CRMP exams are designed to qualify risk professionals in the following five domains: assessing the organizational model; devising organizational risk strategies; implementing the risk process; developing organizational risk competency; and supporting decision-making.
On the RIMS website, you can gain access to study materials as well as access to additional information regarding the certification.