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RIMAN was led by its president, Magnus Nnoka, who is also the Chief Risk Officer, Coronation Merchant Bank. Given the huge resources available in the financial institutions and the pivotal role they play in the development of the economy, Mr Kuru said it makes it mandatory for financial institutions to take risk management seriously, to prevent a repeat of the global financial crisis.
“I have been on both sides, first as a banker and now as a regulator. I can authoritatively comment on issues relating to risk management.
Another bailout
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