FERMA first revealed in June that it was considering a certification project. The organisation revealed today that a working party will discuss the scheme over the next 11 months with its 22 member associations and possible education providers and project managers to have a definite plan ready for announcement at the Forum.
FERMA vice president and working party member, Michel Dennery, said: "For European companies, it is important that their risk manager has European recognition. Certification can provide an indication to a company that its risk managers are competent to a recognised level which is in turn compliant with best practice of different risk management disciplines across Europe."
Working party and FERMA board member, Julia Graham, added: "There are already many courses and qualifications in risk management, but they are at different levels and cover different countries and different aspects.
The working party has stated clearly that FERMA does not intend to organise education courses itself. Its role will be to confirm that the risk manager has achieved a high level of professional competence and skill.
The presentation at Maastricht is most likely to propose European certification at two levels: confirmation of competence in risk management for newer entrants into the profession; and a full recognition of competence and experience for more senior risk managers.
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