The IRM announced the formation of its first India Regional Group, which is an extension of the activities pursued by the IRM India-affiliate. IRM in India is focused on empowering students, professionals and all types of organisations with IRM’s globally recognised Level 5 qualifications and customised industry training in Enterprise Risk Management (ERM).

The group aims to expand IRM’s global risk community by advancing and generating value for the ERM profession in India with the highest standards of ethics, education, research and knowledge that improves resilience for
organisations through our qualified students and members.

Group Chair, Hersh Shah, Institute of Risk Management (UK) India Affiliate said, “Broadly speaking the aims and objectives of the group are to promote risk management as a preferred career amongst students, academics and professionals in India, where there is a huge need for qualified risk professionals across all sectors.”

The group will work on research, thought leadership and surveys on India specific topics and hold webinars and
workshops in collaboration with trade bodies and associations supporting IRM in expanding its global community in
India through policy advocacy.”

Iain Wright, CFIRM, IRM Chair said, “We’re delighted with this development; business will need qualified risk
professionals to aid the resilience and recovery of their businesses in these challenging times.”

The IRM India Regional Group will promote the development of a network for professionals, business owners, academics, entrepreneurs and students from an enterprise risk management perspective, which will in turn contribute to valuable thought leadership publications, surveys and research.

All personnel across an organisation need to have the ability to understand risk and interpret emerging trends from a
risk perspective. The role of a risk manager, therefore, is to ensure risk proficiency and management across the
organisation for better decision making.

The Deputy Chairs of the group are Sunder Natarajan, Sachin Paranjape and Rama Warrier.