Airmic member top of class in first rimap exam

Susan Young receiving award

The Federation of European Risk Management Associations (FERMA) has awarded the first qualifications in its professional programme rimap®. 18 risk managers received the certification, with Airmic member Susan Young achieving top marks.

A total of 22 risk managers sat the two-hour examination at the FERMA Seminar in Malta. Michel Dennery, chairman of the rimap® programme, presented the awards and congratulated the successful candidates, saying: "The first certified risk managers will be seen in the future as the pioneers in the new standard for the risk manager's profession."

Susan Young, chief risk officer at Randall & Quilter Investment Holdings said she was surprised and pleased to achieve the top marks.

"Taking the exam was a really good opportunity for me to consolidate my knowledge of the fundamentals of enterprise risk management which underpins everything we as risk professionals do." 

She added: "It is important for the European–wide risk management community to have a common standard and benchmark and the initial rimap examination is a significant step in the right direction. I am confident that this official recognition and the ongoing work of FERMA will help raise the profile of risk managers over time.”

John Hurrell, chief executive of Airmic, said he was "delighted" that an Airmic member received the top grade. "It is fantastic that the first wave of certified risk managers have come through the system, and a big congratulations to Susan for doing so well."

rimap® provides independent confirmation of the professional competences, experience and standards of individual risk managers, and accreditation for the risk management programmes of educational bodies.

Certification rests on four pillars: knowledge, experience, continuous professional development (CPD) and a code of ethics. The examination consisted of 100 questions based on the rimap Body of Knowledge.

Isabel Martinez Torre-Enciso, vice-president of FERMA and member of the rimap® steering committee commented: "The next step is to refine the rimap examination on the basis of experience so that it reflects the complexity and diversity of the profession, and then to make the examination available for as many risk managers as possible."