The Institute of Chartered Loss Control and Private Security Management (ICLPSM) was established in terms of the Chartered Institute of Loss Control and Private Security Management Act, Chapter 27:23 of the laws of Zimbabwe.
Its formation marked a significant milestone in the formal recognition, regulation, and professionalisation of the loss control and private security management sectors in the country.
The enactment of Chapter 27:23 provided the statutory foundation for the creation of the Institute as a professional regulatory body with a clear public mandate. The legislation was designed to:
Through this Act, the Institute was empowered to register qualified professionals as Chartered Professional Loss Control Managers (CpLM) and Chartered Professional Security Managers (CpSM), granting them the lawful right to use these post-nominal titles.
Prior to the establishment of the Institute, the loss control and private security management sectors operated without a unified statutory professional body responsible for setting and enforcing standards. The Institute was therefore created to close this regulatory gap and elevate the profession to the same standing as other regulated disciplines.
From its inception, the Institute has focused on:
This structured approach has strengthened industry credibility and enhanced confidence among stakeholders, including government, corporate entities, and the general public.
Over the years, the Institute has evolved into a central authority for professional oversight in its field. It has expanded its scope to include:
Through these initiatives, the Institute has played a pivotal role in aligning Zimbabwe’s loss control and private security management practices with international benchmarks while remaining responsive to local realities.
Today, the Institute stands as the guardian of professional standards within the loss control and private security management disciplines. It continues to champion excellence, ethical conduct, and innovation in an environment where security risks, regulatory expectations, and governance demands are constantly evolving.
As it moves forward, the Institute remains committed to strengthening professional capacity, protecting the public interest, and ensuring that registered practitioners uphold the highest standards of competence, integrity, and leadership.
To be the leading professional Institute in Loss Control,Private Security and Risk Management in Africa and beyond
To provide innovative loss control solutions that enhance corporate profitability and economic growth.
The objectives of the Institute are provided in section 4 of the Act as follows:
The Institute of Chartered Loss Control and Private Security Management is an independent professional Board established in terms of Section 6 of the Institute of Chartered Loss Control and Private Security Management Act Chapter 27:23. Its members enjoy professional status conferred upon them in section 6 (2) of the Act.
Members are legally known through their designation as Chartered Professional Loss Control Managers and Chartered Professional Security Managers with the privilege to use post nominals CpLM and CpSM respectively.
The institute's core values are anchored on the following principles:
The institute's mandate is enshrined in Section 27 of the Act to regulate:
