The Professional Risk Managers' International Association and The Risk Management Initiative in Microfinance Announce Merger

The Professional Risk Managers' International Association (PRMIA) and The Risk Management Initiative in Microfinance (RIM) announced their merger this week to meet the growing needs of the risk management community and elevate their mission to set standards and serve the risk management profession.

Once complete, the merger will allow PRMIA and RIM to increase the reach of their Institution Assessment Trainings, expand the RIM membership base, and create a certificate program for the microfinance industry. Combined, RIM and PRMIA will increase responsiveness to industry needs and trends in support of its mission. Both bodies gain access to a larger, more inclusive conversation about comprehensive and newly-emerging risks facing our industries and the setting of industry-wide standards.