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…

Risk management should be values-based and add strategic value

Risk management should be values-based and add strategic value

Risk management should be values-based and add strategic value

Liz Booth speaks to Marsh Africa’s Christelle Marais about tough questions and conversations that risk managers, c-suites and boards should engage with to help ascertain if they are making their organisations better off Achieving economic and social development aspirations while pursuing value creation in a legally compliant and responsible manner are key objectives of South Africa’s Companies Act. However, some…

Ferma rolls out rimap CPD scheme and announces AMRAE equivalence

Ferma rolls out rimap CPD scheme and announces AMRAE equivalence

Ferma rolls out rimap CPD scheme and announces AMRAE equivalence

Ferma has rolled out its continuous professional development (CPD) programme to help those qualified maintain their rimap certification, and announced that AMRAE’s training programmes, as well as those provided by US education provider The Institutes, have been granted equivalence to rimap. Ferma said the CPD programme offers more than 100 days per year of courses, conferences and other activities across…

Who should be the risk manager’s best friend in an organisation?

Who should be the risk manager’s best friend in an organisation?

Who should be the risk manager’s best friend in an organisation?

The CFO should be a risk and insurance manager’s best friend because it is through them that key decisions about what risks need to be transferred and retained, and at what cost, are made, according to leading Dutch risk managers gathered for this year’s European Risk Frontiers discussion. But, as the role of the traditional insurance manager continues to expand…

A profession in evolution

A profession in evolution

A profession in evolution

The rise of challenging and fast-evolving risks such as cyber has helped elevate discussion about risk management up the boardroom agenda. This has presented the traditional insurance management community with a great opportunity to extend their role and influence within organisations across Europe. But insurance managers who find themselves with new risk responsibilities should not expect a one-size-fits-all, neat and…

More work needed on gender pay gap and diversity in risk profession

More work needed on gender pay gap and diversity in risk profession

More work needed on gender pay gap and diversity in risk profession

Gender pay gap reporting in the UK has highlighted the potential for pay disparity among risk managers and the need for more work on diversity within the profession. From April, UK organisations with 250 or more employees were required to report on their gender pay gaps – the difference in pay between male and female employees. While a rudimentary measure,…

Airmic moves to help members cope with huge pace of change

Airmic moves to help members cope with huge pace of change

Airmic moves to help members cope with huge pace of change

Risk management and corporate governance are struggling to keep pace with the huge speed at which business models are evolving, according to Airmic’s chief executive. Speaking to CRE ahead of this year’s Airmic conference, the association’s CEO, John Ludlow, said technological transformation is now well and truly under way as he described the theme of this year’s event in Liverpool,…

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