PHILADELPHIA, PA (September 3, 2020) – The Risk Management Association (RMA) has been named one of the “100
Associations That Will Save the World” by ASAE, the American Society of
Association Executives. RMA, a member-driven
professional association whose sole purpose is to advance sound risk management
principles in the financial services industry, was honored in ASAE’s business category. Other categories included civic engagement, healthcare, and leadership
development.
As part of its “100 Associations” selection, RMA was featured
in ASAE’s Associations Now magazine for empowering RMA members
to “assess risk accurately, lend
securely, and help local businesses thrive.” Associations Now Editor-in-Chief Julie Shoop
noted that RMA has been “ramping up its education and training activities to serve
financial institutions that face a greatly diversified slate of risks, from traditional
credit and market risks to new ones that past generations of bankers had no
inkling of, like cyber risk.” The “100 Associations” were selected based on outreach
through the Associations Now Daily Newsletter, ASAE’s Collaborate
online community, and social media.
“On behalf of our members, chapters, councils, committees,
and board, it is an honor to be recognized as one of ASAE’s ‘100 Associations
That Will Save the World,’” RMA President and CEO Nancy Foster said. “For a
forward-looking association that is dedicated to helping financial institutions
achieve a safer, more equitable, and prosperous world, this is a particularly
satisfying achievement.”
About RMA
Founded in
1914, The Risk Management Association is a not-for-profit, member-driven
professional association whose sole purpose is to advance the use of sound risk
management principles in the financial services industry. RMA promotes an
enterprise approach to risk management that focuses on credit risk, market
risk, and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA
has 1,900 institutional members that include banks of all sizes as well as
nonbank financial institutions. They are represented in the Association by
18,500 individuals located throughout North America, Europe, Australia, and
Asia/Pacific.
Media Contacts
Stephen
Krasowski, skrasowski@rmahq.org, 215-446-4095
Frank
Devlin, fdevlin@rmahq.org, 215-446-4137