Risk management honors announced; Indian students win challenge
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SAN DIEGO – Longtime risk managers Joe Restoule and Millie Workman were inducted into the Risk Management Hall of Fame Wednesday.
The honor recognizes risk professionals who have made significant contributions to advancing risk management, and was announced at Riskworld, the Risk & Insurance Management Society’s annual conference.
Mr. Restoule and Ms. Workman, who both died earlier this year, held leadership positions with their local RIMS chapters and Mr. Restoule was president of RIMS in 2009.
Mr. Restoule spent more than 20 years heading the risk management department at Nova Chemicals Corp. in Calgary, Alberta. Among other honors, he received the Donald M. Stuart Award, RIMS’ highest honor for outstanding contribution to risk management in Canada.
Ms. Workman began her career as a broker and held various risk management positions. In 1992, while risk manager for Belz Enterprises, a Memphis-based real estate management and development company that owns the Peabody Hotel Group, she was name Risk Manager of the Year.
She went on to work in risk management education at the International Risk Management Institute Inc.
Among other awards announced during the conference, the Institute of Insurance and Risk Management Hyderabad student team from India were named winners of the 2024 Spencer-RIMS Risk Management Challenge.
The team of four risk management students competed against 38 other universities from nine different countries. The team members are Shivya Tuli, Yagnasritha Mallavajhala, Elvis John and Gunjan Advani.
Illinois State University in Normal, Illinois, placed second and Peking University in Beijing was third. The top three teams received cash prizes of $10,000, $7,500 and $5,000, respectively.
