The Chartered Institute of Loan & Risk Management of Nigeria is a professional and educational body established by the act of Parliament of the Federal Republic of Nigeria Gazetted Bill No. SB 220 Vol. 9 of 2012. The Institute was established primarily to fill the void in the specialist professional disciplines of loan & risk management practice, thereby complementing the noteworthy contributions of individual, academia and other professional bodies. The evolving highly competitive global economic scenario with its demand for top flight efficiency and effectiveness have made it essential for specialist professional focus on loan & risk management as in the case already in the more advanced countries and a number of emerging economies of the world.