The Rivers State University, Nkpolu-Oroworukwo, Port Harcourt, is set to commence a new programme in Loan and Risk Management, which is to be domiciled in the University’s Business School.
The Vice-Chancellor of the University, Prof. Nlerum S. Okogbule, gave the hint during the signing of a Memorandum of Understanding between the University and the Chartered Institute of Loan and Risk Management of Nigeria, on Thursday 20th October, 2022.
The Vice-Chancellor noted that loan management is challenging, but expressed delight that with the introduction of the programme in the University, students will be well-trained and equipped on how to manage loans and the associated risks.
He thanked the leadership of the Institute for finding the University worthy to be the first institution to host the programme in the South South, stressing that the University will keep to her terms in the Memorandum of Understanding.
In her speech, the President / Chairman in Council of the Chartered Institute of Loan and Risk Management of Nigeria, Dr. Mrs. Harret Akubuiro, said that few years ago, the National Universities Commission gave approval to the Institute to run the programme in Universities.
Dr. Akubuiro further said that the Institute approached a number of Universities in the South South but that the Rivers State University was the first to catch the vision and embrace the programme.
She called on those in financial institutions to take advantage of the opportunity and enroll for the programme, expressing optimism that it will be a huge success and that all stakeholders will benefit from it.
In his remarks, the Deputy Vice-Chancellor (Administration) and Chairman of Board, Rivers State University Business School, Prof. Nnamdi Okoroma, commended the Institute for her commitment towards the collaboration, which he said began on the 29th of July, 2022.
While highlighting the various sections in the MoU, he assured the leadership of the Institute that the Business School is ready to kick off with the programme.
The signing ceremony of the MoU, which held at the Vice-Chancellor’s Conference Room, was witnessed by other Principal Officers of the University, Director RSU Business School as well as the Registrar General and Chairman South South Zone of the Chartered Institute of Loan and Risk Management of Nigeria.