Risk professionals play a pivotal role in current world industries, with over 75% of global companies reporting that risk management significantly impacts their success, according to PwC. In the finance industry, where 86% of organizations have faced cyberattacks, risk professionals ensure operational continuity. A Deloitte survey found that over 70% of organizations now see risk management as extremely essential in their overall strategy. The negligence of effective risk management can be seen in the number of businesses declaring bankruptcy. A report by Reuters stated that total bankruptcy filings rose to 445,186 in 2023 from 378,390 in 2022. The role a Chief Risk Officer plays in an organization cannot be further stressed, especially in today’s evolving and unpredictable business climate.

According to PwC, 65% of companies updated their financial risk strategies after COVID-19, focusing more on managing liquidity and stress testing. McKinsey found that over 70% of companies improved their supply chain risk management due to pandemic-related vulnerabilities. IMD Business School’s survey shows that 85% of companies now regularly check their supply chain risks, up from 40% before the pandemic. Deloitte United States also reports that 65% of organizations have strengthened their cybersecurity to combat increased cyberattack risks in our digital world,

Gitnux reports that 36% of organizations plan to boost spending on risk management and compliance over the next two years, understanding the importance of protecting assets and meeting legal requirements. However, 87% of risk professionals feel their processes are not widely accepted, showing a need for improvement in risk management practices. The Chief Risk Officer Summit by Trueventus aims to help risk professionals navigate disruptions and gain a competitive edge. At the summit, you’ll learn from experts, explore case studies, see the latest tech, and network with peers.

The Risk Management Association of India (RMAI) is a premier global organization dedicated to advancing the field of risk management through education, research, and professional development. As an association, RMAI serves as a dynamic platform for risk professionals, insurers, bankers, corporate leaders, and financial experts, facilitating knowledge exchange, training, and industry collaboration. Committed to fostering a culture of proactive risk management, RMAI offers certification programs, webinars, conferences, and exclusive resources that empower individuals and organizations to effectively navigate and mitigate risks in today’s complex business landscape.
With a mission to enhance risk management standards across industries, RMAI is at the forefront of promoting best practices, supporting innovative research, and building a resilient community of risk-aware professionals in India and beyond.

Website: https://rmaindia.org/

As a global learning centre for professionals in Enterprise Risk Management, ERMA provides a comprehensive set of Enterprise Risk Management courses, 3 ERM certifications for different levels of Risk Management proficiency, and facilitates collaboration efforts of ERM professionals around the world.

ERMA has thousands of members from more than 100 countries, spreading from America and Asia, to Australia, Africa, and Europe, and coming from various professional backgrounds and interests, such as risk practitioners, educators, business owners, government officials, and c-levels.

ERMA Certifications verify a professional’s dedication to such professional development, helping risk professionals to distinguish themselves in a crowded marketplace and helping organizations to make much better risk decisions.

Elevate your career in Risk Management! Enjoy 10% off your registration by using the code ERMATRV10 today.

www.erm-academy.org