An enduring lesson from most case studies is that there is a dire need for Risk Management professionals to take the discipline beyond a “box-ticking compliance-based exercise” and evolve it into a culture that is deeply rooted in the mind and behaviour of all employees. This approach ensures that every person in the organization becomes a risk manager and therefore effectively contributes to the overall management of critical risks affecting the business. This course has been carefully developed taking into account the vital lessons learnt from historical Case Studies and is based on a comprehensive and integrated framework that ensures that participants are equipped to address all and every aspect of Risk Management at their Financial Institutions and its environment. This approach by default addresses the Risk Management objectives of different various stakeholders within the institution
The need for ERM is driven by external and internal pressures. Some of the external pressures are common to all businesses—calls for corporate governance reforms from stock exchanges, accounting bodies, institutional investors, and government regulators in countries around the world. Other external pressures, are particular to specific sectors. But the approach to identifying and managing risk is universal.
Join us for the annual ERM Masterclass at Hotel Maru Maru, Zanzibar between December 07-11, 2020