The Institute of Enterprise Risk Practitioners (IERP®) is the world’s first and leading certification institute for Enterprise Risk Management (ERM).

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Ramesh Pillai, Chairman of IERP’s Board of Governors, recently delivered a keynote presentation on Achieving Organisational Sustainability, Agility and Resilience Through Effective ERM at the two-day virtual Risk Forum jointly organised by the IERP® and Brunei Institute of Leadership & Islamic Finance (BILIF). The presentation gave a quick overview of

When it comes to integrating Enterprise Risk Management (ERM) into decision-making, people who are managing risk and making decisions know it has to be done – but are not entirely clear about how it should be done in real-life situations. Acknowledging that companies today want more value from ERM, presenter

When the financial crisis of 2008 hit, businesses, regulators, stakeholders and industry in general were forced to sit up and take notice because everybody felt the pain. Glaring deficiencies in the way things were done, became obvious. What also became obvious was that the way things were was not ideal,

Operational risk relates to losses resulting from inadequate or failed internal processes, people and systems, or external events. These may occur in an organisation’s day-to-day operations, and may involve internal resources and systems, procedures and the organisation’s employees. Operational risk may also result in data loss, equipment malfunction or high

Risk permeates everything, and extends far beyond cost, affecting workers’ safety, the firm’s security in respect of its operating systems, even its governance and the effects of its operations on the environment. More companies are beginning to proactively apply ERM principles to the management of their risks, and are finding


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