A qualification and training framework has been agreed for the Malaysian Insurance Institute to provide the IRM certificate in risk management
The Malaysian Insurance Institute will provide and promote Institute of Risk Management’s (IRM) risk management professional programmes in Malaysia.
A qualification and training framework has been agreed for MII to provide the IRM certificate in risk management, the international diploma in risk management and the ‘management of risk and uncertainty’ short training course for the local Malaysian market.
A special fee package had been agreed to make the qualifications more affordable in Malaysia. The IRM said this was to develop local talent so that local training expertise would be available.
“There is a growing demand for risk management professional programmes in Malaysia, not only for the insurance industry but increasingly across all sectors.
Khadijah Abdullah, chief executive of MII
Khadijah Abdullah, chief executive of MII, commented: “We are very pleased and excited about this international strategic partnership as there is a growing demand for risk management professional programmes in Malaysia, not only for the insurance industry but increasingly across all sectors. We feel this collaboration is particularly meaningful as IRM is renowned internationally for its risk management education and its focus on enterprise risk management.
“Good risk management is one of the key elements of the code of corporate governance and those responsible need a structured education framework. We are very pleased that this initiative is fully supported by the Malaysian Institute of Corporate Governance (MICG) and the Malaysian Association of Risk Managers (MARIM). There is a great deal of interest in the programmes with a number of leading corporations eagerly awaiting enrolment details.”
Steve Fowler, chief executive of IRM, said: “MII continues to demonstrate its commitment to providing high quality risk management education and training and we are very pleased to be working with them. We recognise the benefit and strategic advantage arising from bringing together the competencies of both institutes and hope that through this partnership the interests of the profession of risk management in South East Asia can be further promoted.”
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