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Adopt Risk Management, Industrialist Urges Manufacturers

The Managing Director of FAE Limited, Bakare Okeowo, has encouraged manufacturers to emphasise risk management in a quest to grow their businesses.

In a statement, Okeowo stated this during the 10th anniversary of the Association of Enterprise Risk Management Professionals and the 2023 conference and induction of new members in Lagos.

The FAE Limited’s Managing Director, who was one of the key recipients of the Fellow of AERMP at the event, explained that it was time for local manufacturers to take the issue of risk management practices seriously in their establishments, and they should not leave it in the hands of the bankers any longer.

She said, “When it comes to risk management, I now know better about this key topical issue in managing business successfully. As a Fellow of AERMP, I definitely know about risk management and this would impact my business positively.

“As an industrialist, I have invested so much in machinery. Now, I know that when it comes to risk management, it cannot be left to the banks. I now believe that even as an industrialist, risk management has to be part of what I have to imbibe as a culture in managing FAE Limited.”

Source: Punch

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