Focus on risk management processes, strategies and mitigation

June 3, 2015 10:05 AM

LEAP Africa, a leadership development organization with well-known industry business leaders, entrepreneurs and risk management experts.

On June 9, 2015 well-known industry business leaders, entrepreneurs, risk management experts in Nigeria’s business sector – Mr. Dharnesh Gordhon, MD/CEO; Nestlé Nigeria Plc, Mr. Guillaume Roux, Group Managing Director, Lafarge Africa Plc; Mrs. Peju Adebayo, Managing Director, WAPCO Operations, Lafarge Africa Plc; Mr. Wole Oshin, Managing Director Custodian And Allied Insurance Limited; Mr. Abubakar Suleiman; Executive Director, Finance & Strategy and Mrs. Clare Omatseye Founder, Managing Director JNC International Nigeria Ltd will led high-level discussions at LEAP Africa’s CEOs Forum for SMEs in Lagos.

LEAP Africa, a leadership development organization and its partners will converge 800 SMEs at the 10th edition of the CEOs Forum under the theme Staying Ahead: Maximizing Profit and Mitigating Risks. The speakers will deliberate on sectoral and industrial risks; the need for SMEs to concentrate their efforts in evaluating and managing their risk exposures for long term sustainability.

According to Iyadunni Olubode, LEAP Africa’s Executive Director; “SMEs should be proactive in managing risk instead of being reactive. There is a common misconception that only large companies need to manage risks, but this year’s CEOs Forum seeks to address that and offer practical advice for entrepreneurs on protecting their profits through risk mitigation strategies”.

Studies show that poor risk management systems hinder growth, performance and expansion. Although many local companies are increasingly conscious of risk facing their business and the importance of curtailing them, few know measures for controlling risks.

The Forum will provide cutting-edge solutions and best practices in corporations to enable SMEs deal with risks in present political and economic realities in Nigeria.