The IRM is delighted to announce the formation of its first India Regional Group which is an extension of the activities pursued by the IRM 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 with the highest standards of ethics, education, research and knowledge that improves resilience for organisations through our qualified students and members.
Group Chair, Hersh Shah, Institute of Risk Management (UK) India Affiliate explains more, “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.
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.”
Iain Wright, CFIRM, IRM Chair says, “We’re delighted with this development; 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. 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.