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International

Risk management needs to be part of firms' strategic plans: Experts

December 10, 2018 Reprints

Experts called on Nigerian companies to include risk management in their strategic plans to meet statutory and compliance-related regulations, TheGuardian reported. The experts also called on directors to be involved in setting up risk management plans to ensure business continuity. Taiwo Ige, president of Nigeria's Association of Enterprise Risk Management Professionals, said that companies' boards need to set up a robust compliance system to avoid penalties.

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Risk management needs to be part of firms' strategic plans: Experts

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