IRMZA Membership Guide 2023/24
"Join today and become a responsible risk professional"
About IRMZA
The Institute of Risk Management Zambia (IRMZA) is an established and leading professional body for Enterprise Risk Management in Zambia. The Institute represents individuals and organisations who are committed to the enhancement of the Risk Management profession in the country.
We offer a wide range of industry-leading risk management qualifications and certified membership. Our core aim is to promote and enhance the risk management profession in the country and help facilitate the creation and sustenance of credible risk management practices through training, research, advisory and the promotion of high professional standards and corporate governance that is unparalleled, independent and institutional to our members and clients.
Why Become a Member?
IRMZA membership allows you to benefit from professional development courses and certifications to further your career in risk management. Gain insight into hot topics and issues within access to events, workshops and publications.
Membership Benefits
Best Practice Guidance and Technical Documents
The Institute from time to time makes available a variety of documents and publications that offer a comprehensive practical guidance into a broad range of risk management topics.
Raising Professional Risk Management Standards
Membership to the Institute enhances your professional status and demonstrates a high degree of professional standard through knowledge, skills and commitment to your development.
Networking Opportunities
Connect with other members through networking events within a range of risk topics. The Institute will on a regular basis facilitate and host a number of events through which members can network and seek professional advice.
Technical and Risk Advisory
Specialist technical guidance for IRMZA members and registered students on standards of professional practice, best practice, ethics and any related technical enquiries.
Free Access to Quarterly Newsletter
A free quarterly newsletter providing updates on the Institute and membership matters. The newsletter is also a forum for members to access analysis, opinion, and insight to help risk management professionals to stay informed on a broad range of topics affecting their work.
Free Access to Annual Country Risk Reports
The Institute releases an annual country risk report that evaluates the country's risk landscape by linking the top country risks to national objectives as outlined in the national development plan. Members can access the report at no cost.
Discounted Training Courses
All registered members are entitled to discounted rates for any IRMZA training courses. Members enrolling onto IRMZA training courses will qualify for CPD points.
Monthly IRMZA E-news
This is a monthly e-bulletin that provides information on various risk management related topics across various industries. Members can receive these updates through their emails.
Annual IRMZA Conference Member Discount
IRMZA members receive preferential rates to the prestigious annual risk conference where risk professionals congregate to unpack the in-depth analysis and thought leadership on the industry-wide risk management issues.
Access to Technical and Knowledge Papers
Members can pick up information and knowledge on issues and any emerging trends in the industry with our technical and knowledge papers including industry webinars.
Membership Categories
Fellow (FIRMZ)
- Annual Fee: ZMW 2,500.00
- For senior risk management professionals with extensive experience
Certified (CIRMZ)
- Annual Fee: ZMW 2,250.00
- For certified risk management professionals
Technical Specialist (SIRMZ)
- Annual Fee: ZMW 1,750.00
- For technical specialists in risk management
Affiliate / Associate
- Annual Fee: ZMW 1,250.00
- For professionals interested in risk management
Student
- Annual Fee: ZMW 500.00
- For students pursuing risk management education
Application Fee
- Fee: ZMW 250.00
- Required for all first-time applicants
Payment Information
Cheque payments should be drawn to "The Institute of Risk Management Zambia" OR deposits into the Stanbic Bank, Mulungushi branch.
Bank Details:
- Sort code: 040015
- Account number: 9130003802241
IRMZA Events
Annual Risk Conference
A two-day annual event organized by IRMZA which brings together risk management professionals from across the country, the region and beyond to discuss the prevailing global trends and how they can impact on decision making process in your organisations.
Women in Risk
An annual event that falls each year on Women's Day. The event is a networking initiative by IRMZA to connect and celebrate women in risk.
Quarterly Round Table Forums
Quarterly events where we invite individuals serving in risk oversight roles, including Members of the Board, Chief Risk Officers, CROs, CEOs, COOs, Auditors and other risk management professionals.
Chief Risk Officer Networking Event
A sponsored event where we invite CEOs and other senior level Directors particularly the Chief Risk Officers to come and articulate and interrogate the challenges they face.
New Year's Top Ten Business Risks in Zambia
An annual event which takes place at the beginning of each year to discuss the top ten risks for Zambian businesses as compiled by industry commentators and practitioners.
Continuing Professional Development (CPD)
Membership with IRMZA provides the opportunity to participate in Professional Development activities. All members, regardless of experience levels are encouraged to continue their education and professional development through IRMZA and our partners.
CPD Requirements
In order to retain certification, all members will be required to apply for CPD annually. CPD ensures that our members stay updated on the latest risk management trends and strategies.
CPD Fees:
- Members: ZMW 500
- Non-members: ZMW 750
CPD Points Required: 30 points per year
CPD Points System
Technical Skills
- Writing a risk management textbook: 15 points
- Authoring risk management publications or articles: 10 points
- Teaching risk management related courses: 10 points
- Member of board risk committee: 5 points
- Participation in a technical meeting for IRMZA: 5 points
Contribution to Risk Profession
- Presenter/Speaker at a risk related event: 10 points
- Participation in any risk related focus groups: 5 points
- Course/Workshop trainer or lead: 10 points
- Paper presentation at IRMZA annual conference: 10 points
- Development of an in-house risk training programme: 10 points
Attendance at Risk Related Events
- Attendance at an IRMZA annual conference: 25 points
- Attendance any other IRMZA event: 5 points
- Attendance at a recognized Risk event: 5 points
- Attendance to IRMZA endorsed events: 5 points
- Participation in a technical capacity: 10 points
Training
- Participation in IRMZA prepared CPD programme: 20 points
- Studying for an IRMZA course: 15 points
- In-house presentation on risk management: 5 points
- In-house job training on risk related subjects: 10 points
Contact Information
The Institute of Risk Management Zambia 13932 Off Mulungushi Road, P. O. Box 34489, Roma Township, Lusaka, Zambia
- Telephone: +260 962213006
- Email: info@irmza.org
- Website: www.irmza.org
- Membership Email: membership@irmza.org