In the current economic and political environment, there are many potential sources of disruption to test the ERM capabilities of our financial institutions. Combining these forces with the rapid pace of technological change means that how we respond to risk is critical, as reputation as well as financial consequences are often at stake.
During the past 12 months, there have been a number of well publicised local and international examples with a large range in the quality of companies’ responses – with some less than optimal.
Given this background, we believe that the theme of this year’s ERM Seminar, “Responding to Risk” is very timely. The organising committee is again assembling another excellent program for the purpose of providing useful assistance to ERM practitioners.
The seminar will also include the presentation of the findings of our first CRO survey.