Constitution & Bylaws
The governing document that establishes RIMSON's structure, objectives, and operational framework for advancing risk management in Nigeria.
Our Governing Document
The RIMSON Constitution serves as the foundational document that establishes the Society's structure, objectives, and operational framework. It provides the legal and organizational basis for all RIMSON activities and ensures transparent governance and accountability.
The Constitution was established in 1985 and has been periodically updated to reflect the evolving needs of the risk management profession and the Society's growth and development.
All members are bound by the provisions of the Constitution and are expected to uphold its principles in their professional conduct and Society activities.
Key Principles
Constitution Articles
The fundamental articles that define RIMSON's structure, governance, and operational framework.
- The organization shall be known as the Risk Managers Society of Nigeria (RIMSON)
- To promote the practice and profession of risk management in Nigeria
- To establish standards and best practices for risk management professionals
- To provide education, training, and certification programs
- To foster collaboration between risk management professionals and organizations
- To serve as the authoritative voice for risk management in Nigeria
- Membership is open to individuals engaged in risk management practice
- Corporate membership available for organizations
- Student membership for those pursuing risk management education
- Associate membership for related professionals
- All members must adhere to the RIMSON Code of Ethics
- Membership benefits include access to training, networking, and certification programs
- RIMSON is governed by a Board of Directors elected by the membership
- The Board consists of a Chairman, Vice Chairman, and additional directors
- Executive Committee provides strategic oversight between board meetings
- Specialized committees handle specific areas of operation
- Annual General Meeting serves as the highest decision-making body
- Regional chapters may be established to serve local communities
- RIMSON establishes professional standards for risk management practice
- Certification programs validate professional competency
- Continuing Professional Development (CPD) requirements maintain standards
- Code of Ethics governs professional conduct
- Disciplinary procedures address violations of professional standards
- Recognition programs celebrate excellence in risk management
- RIMSON develops and delivers risk management education programs
- Professional certification programs aligned with international standards
- Workshops, seminars, and conferences for continuous learning
- Research and publication of risk management best practices
- Partnership with academic institutions for curriculum development
- Online learning platforms for accessible education delivery
- RIMSON maintains relationships with international risk management organizations
- Participation in global risk management initiatives and standards development
- Exchange programs with international professional bodies
- Adoption and localization of international best practices
- Representation of Nigeria in global risk management forums
- Collaboration on cross-border risk management issues
Bylaws & Procedures
Detailed procedures and guidelines that support the implementation of the Constitution and ensure effective Society operations.
Membership Categories and Requirements
Detailed requirements for each membership category, including education, experience, and professional standing criteria. Outlines the application process, evaluation criteria, and membership benefits for each category.
Board Elections and Terms
Procedures for nominating and electing Board members, including eligibility requirements, campaign guidelines, voting procedures, and term limits. Defines the roles and responsibilities of each Board position.
Committee Structure and Operations
Establishment and operation of various committees, including their mandate, composition, meeting procedures, and reporting requirements. Covers both standing and ad-hoc committees.
Financial Management and Auditing
Financial policies and procedures, including budget preparation, expenditure approval, revenue management, and annual auditing requirements. Ensures transparency and accountability in financial operations.
Professional Certification Standards
Detailed standards and procedures for professional certification programs, including examination requirements, experience validation, continuing education, and certification maintenance.
Code of Ethics and Disciplinary Procedures
Comprehensive code of ethics for members, including professional conduct standards, conflict of interest guidelines, and disciplinary procedures for violations. Includes appeals process and sanctions.
Regional Chapters and Local Operations
Guidelines for establishing and operating regional chapters, including governance structure, reporting requirements, and coordination with the national organization.
Amendment Procedures
Procedures for proposing, reviewing, and adopting amendments to the constitution and bylaws. Includes voting requirements, notification procedures, and implementation timelines.
Constitution Amendment Process
The Constitution may be amended through a democratic process involving member participation and approval. Amendments ensure the document remains relevant and responsive to the evolving needs of the risk management profession.
Proposal
Members may propose amendments through established channels
Review
Board reviews and presents proposals to membership
Approval
Members vote on amendments at Annual General Meeting