Restoule, Workman inducted into RIMS Risk Management Hall of Fame

The RMHF exists to recognize risk pros who have made significant contributions to the industry and to maintain the history of the risk management field.

The Risk Management Hall of Fame was established in 2011, and nominees are accepted from around the globe with each year’s inductees announced at RISKWORLD. (Photo: Athitat Shinagowin/Adobe Stock)

On the final day of RISKWORLD 2024 in San Diego, RIMS inducted Joe Restoule and Millicent “Millie” Workman into its Risk Management Hall of Fame (RMHF). The RMHF exists to recognize risk professionals who have made significant contributions to the industry and to maintain the history of the risk management field.

Honorees are selected by a committee that examines the potential inductees’ considerable contributions to the field; significant achievements, innovation and trend-setting; demonstrated leadership, character and service; and ethical and professional conduct.

Joe Restoule (Courtesy photo)

Joe Restoule was a risk management leader at Nova Chemicals Corporation for over 20 years prior to his retirement. He served in various positions on the RIMS Board starting in 2001 before becoming RIMS President in 2009.

In a release, RIMS said the following about Restoule:

“Most notably was Joe’s commitment and impact on Canada’s risk management community. Joe served as Chair of RIMS Canada Council from 1997 to 2000 and co-chaired the 2006 RIMS Canada Conference. He was an active leader with the RIMS Southern Alberta Chapter, a founding member on the Board of Governors of the Institute of Risk Management, and a frequent lecturer at the University of Calgary… At the time of his passing in March 2024, Joe was president of the William H. McGannon Foundation, a nonprofit that he was instrumental in creating to support risk management education and advance the risk management profession in Canada through grants, educational programming, and student-focused initiatives.”

Millicent “Millie” Workman (Courtesy photo)

Millie Workman began her career working for an E&S brokerage before moving into corporate risk management. She was the first female recipient of the Business Insurance Risk Manager of the Year award in 1992 and was named one of the “100 leading women in the insurance industry” by Business Insurance magazine in 2000.

In a release, RIMS shared the following about Workman:

“Serving on numerous professional and academic boards, Millie exemplified leadership and vision, shaping the landscape of risk management with her insights and foresight. Her tenure as President of the CPCU Society from 2005 to 2006 stood as a testament to her leadership prowess, guiding over 25,000 industry professionals with grace and distinction… Millie joined International Risk Management Institute (IRMI) in 2007 where she served as Director of Training and Education until her retirement in 2023. At IRMI she pioneered the development of five risk and insurance certification programs that will educate risk management professionals for decades to come… Millie passed away in early 2024 and will be remembered for her leadership and southern charm, as well as her contributions of time, wisdom, and passion to the fields of risk management and insurance.”

The RMHF was established in 2011, and nominees are accepted from around the globe, with each year’s inductees announced at RISKWORLD.

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