IRM launches India Regional Group adding to growing global network

IRM has launched its first India Regional Group following a series of activities pursued by its India Affiliate. IRM in India is focused on empowering students, professionals and all types of organisations with IRM’s globally recognised Level 5 qualifications and customised industry training in Enterprise Risk Management (ERM).

The group aims to expand IRM’s global risk community by advancing and generating value for the ERM profession in India. Providing risk managers in the region with the highest standards of ethics, education, research and knowledge will improve resilience for organisations through IRM’s qualified students and members.

Promoting risk management

“Broadly speaking, the aims and objectives of the group are to promote risk management as a preferred career amongst students, academics and professionals in India, where there is a huge need for qualified risk professionals across all sectors,” Group chair, Hersh Shah, Institute of Risk Management (UK) India Affiliate says. “Covid-19 has further highlighted the need for businesses to be resilient and have current and competent risk managers with proper risk management plans in place to aid the recovery of the economy.”

The group will also work on research, thought leadership and surveys on India specific topics and hold webinars and workshops in collaboration with trade bodies and associations supporting IRM in expanding its global community in India through policy advocacy.

Professionalisation

“We’re delighted with this development,” Iain Wright, CFIRM, IRM Chair says. “Business will need qualified risk professionals to aid the resilience and recovery of their businesses in these challenging times.”

The group will promote the development of a network for professionals, business owners, academics, entrepreneurs and students from an enterprise risk management perspective – which will in turn contribute to valuable thought leadership publications, surveys and research.

“All personnel across an organisation need to have the ability to understand risk and interpret emerging trends from a risk perspective,” Wright says. “The role of a risk manager, therefore, is to ensure risk proficiency and management across the organisation for better decision making.

I look forward to seeing the outputs in the coming months and to working with our Indian counterparts”.

The Deputy Chairs of the group are: Sunder Natarajan, Sachin Paranjape and Rama Warrier.

For more information about IRM India Affiliate, please visit: www.theirmindia.org to contact the group directly please email: rg@theirmindia.org

You can join the IRM India Regional Group on LinkedIn

Read our feature on how family businesses and small companies are powering the Indian economy. An initiative by IRM aims to help them get a better grip on risk management. Read the feature from Enterprise Risk magazine.

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