BILIF-IERP® Risk Forum: Building A Healthy Risk Culture
It is hard not to think about risk, considering that risk incidents are occurring more often; often inflicting worse consequences than the one before, adding to the challenges of an already volatile, uncertain, complex and ambiguous world. The second presentation of the virtual Risk Forum jointly organised by the International
BILIF-IERP® Risk Forum: Living With The Pandemic
“Prepare to live with the pandemic,” said keynote speaker Dr Anthony Dass, Group Chief Economist, Head of AmBank Research and member of Malaysia’s Economic Action Council Secretariat. “Prepare to digitise.” He was speaking on the second day of the two-day Risk Forum organised by the IERP® and the Brunei Institute
BILIF-IERP® Risk Forum: Achieving Organisational Sustainability, Agility And Resilience Through Effective Erm
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
What Should You Look For, When Auditing Risk Management?
IERP’s recent Tea Talk drew a sizeable online audience because it addressed an issue that is growing in importance in corporate circles: providing independent assurance. Speaker Ramesh Pillai, Group MD of Friday Concepts (International) shared thoughts and experiences on what risk professionals can do to add value to the risk
The Changing Dynamics Between ERM And Internal Audit
Enterprise Risk Management (ERM) and Internal Audit (IA) are not immune to change, asserted Ramesh Pillai, at an IERP Tea Talk recently. Commenting frankly and openly on the changing environment which was one of the greatest challenges confronting business today, he said rapid changes were complicated further by the uncertainties
How To Integrate ERM Into Decision-making
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
The Strategic Imperative: Turning Strategic Risk Into Opportunities
A strategic imperative is a business goal or objective that has the highest priority. For some companies, it could be building their brand; for others it could be expanding internationally. Or it could be a concerted move to digitise the business and leverage on online platforms within a certain timeframe.
Interrelationship Between Governance And ERM: What Should Boards Know?
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,
What Do Operational Risk Managers Really Do For The Company?
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