What can the risk manager do?

What can the risk manager do?

What can the risk manager do?

As demand for greater risk management increases from the insurance industry, Christopher Palm, of the Institute of Risk Management South Africa, considers how risk managers can make themselves future-fit and win over the ears of the board Becoming creative about risk management rather than depending purely on process should enable risk managers to earn their invite to the boardroom and…

Be adaptive and learn new techniques, risk managers told

Be adaptive and learn new techniques, risk managers told

Be adaptive and learn new techniques, risk managers told

Risk managers attending the Cruywagen-Irmsa Risk Lab this year have been told to shake themselves up, along with their teams, if they are to adapt to the emerging ways of working The skills needed for sound risk management do not all come from risk management, delegates heard at the recent Risk Lab event in Cape Town. Attendees at the Cruywagen-Irmsa…

Controlling the narrative

Controlling the narrative

Controlling the narrative

Risk managers not only need to consider the global threat of climate change but also the global threat that comes from increasing communication. Berenice Francis, president of Irmsa and group commercial executive at Imperial, stressed it is crucial for all risk managers to “control the narrative” if they are to help their businesses survive the new social media era. “Those…

Keeping one eye on the future

Keeping one eye on the future

Keeping one eye on the future

Business is operating in an unusual environment and is facing uncertainty, complexity and ambiguity. That was the stark message from Ansie Ramalho, senior consultant, International Finance Corporation, when addressing delegates at the Cruywagen-Irmsa Risk Lab in Cape Town. Her words were echoed by Elias Masilela, executive chairman of DNA Economics and commissioner of the 1st and 2nd National Planning Commission.…

Book your space in Nairobi

Book your space in Nairobi

Book your space in Nairobi

Developing skills and nurturing talent remains one of the great challenges for business across Africa, including within the risk management and insurance communities. Commercial Risk Africa’s east African event will delve deep into this continuing issue and how it impacts the daily operations of business and their risk departments, within an environment in which insurers are demanding more of their…

South African risk managers facing death threats for doing their jobs

South African risk managers facing death threats for doing their jobs

South African risk managers facing death threats for doing their jobs

South African risk managers working in the public sector have reported receiving death threats “as part of daily life” if they try to suggest changes. Risk managers speaking at the Cruywagen-Institute of Risk Management South Africa annual Risk Lab admitted death threats had forced them to change cars and even jobs, while they also feared their families’ lives could be…

Where does the responsibility of the chief risk officer end?

Where does the responsibility of the chief risk officer end?

Where does the responsibility of the chief risk officer end?

Risk managers in large and developed institutions (LDIs) can still fail in their duties, despite having all the right procedures in place, warns Totyelwa Dodo Nonco, manager of risk management at South Africa’s Office of the Accountant-General. She said, in an insight with the Institute of Risk Management South Africa, that smaller enterprises are almost always on the wrong side of…

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