PRMIA OPENS NEW CHAPTER IN MELBOURNE, AUSTRALIA, JENNIFER MOORE NAMED FIRST REGIONAL DIRECTOR

June 18, 2003 The Professional Risk Managers’ International Association (PRMIA) is pleased to announce that it has opened a new chapter in Melbourne, Australia and has named Jennifer Moore, a Senior Risk Management Consultant with SAS, as the new Regional Director for the chapter.

Ms. Moore was nominated to lead the chapter by the PRMIA Melbourne Steering Committee which includes Ms. Moore and:

Fiona McNabb Treasury Corporation of Victoria
Richard Oakes National Australia Bank
Stuart Norbury Erskine Consulting Pty Ltd
Alan Sablich Studying MBA, University of Melbourne
Chris Rowlands CDR and Associates
Mike Ritchie KPMG
David Michell The Finance and Treasury Association

"Jennifer's references were glowing in their recommendation to us that she be named a Regional Director," noted David R. Koenig, Chair of PRMIA's Board of Directors. "She has an excellent academic background, substantial practical experience in important risk management areas, was the Chair of the Johannesburg Operations Research Society in South Africa and served as their national Treasurer. She knows how to make a chapter successful and brings excellent resources to the Melbourne and global risk management community in this new role."

"With the impetus provided by the Basel Accord and the trend towards Enterprise Risk Management, risk management is finally gaining recognition as a strategic business enabler with relevance throughout organizations. My goal is the creation of a credible forum for professionals. We aim to facilitate knowledge sharing, networking and setting well known standards for the Risk Management profession in the Melbourne and Victoria regions," said Jennifer Moore.

PRMIA Melbourne has already had two meetings and has scheduled two more events for this year, including one on July 8th covering Operational Risk.

PRMIA seeks to serve its members through promoting standards and education in the risk management profession and through promoting the free exchange of ideas. Local chapters like PRMIA Melbourne host free meetings that address the needs of the local risk management community. PRMIA also offers the Professional Risk Manager (PRM) program in Melbourne and in 350 cities worldwide. Ms. Moore will be organizing local programs geared towards institution of the PRM as the local standard in professional risk management assessment, development and certification.

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