Page 3 - RMAI BULLETIN Oct - Dec 2019
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RMAI BULLETIN OCTOBER TO DECEMBER 2019


               RISK MANAGEMENT ASSOCIATION OF INDIA


                  Registered Under Societies Registration Act - 1961 Vide Registration No. S/73835 (WB)
                 A Non Profit Organisation Engaged in Promotion of Risk Management Discipline in India


                   RMAI Quarterly Bulletin                                    Editorial

                  VOL. NO. I - October - December 2019
                                                              Risk Management discipline is there since ages.
             CouncilMembers                                   Every human being, living creatures, Business entity

             Mr.R.G.Agarwala,President                        practice some form of risk management in daily life
             Prof.(Dr.)AbhijitKChattoraj,VicePresident        or business knowingly or unknowingly.  It is so
             Dr.RakeshAgarwal,SecretaryGeneral                integral that it cannot be separated from our routine
             Mr.SonjaiKumar,JointSecretary                    life. As we cross the road we look for moving vehicle
             Mr.ShyamAgarwal,Treasurer                        fromeithersideasariskmanagementmeasure.
             Mr.NarenBonnerjee,CharteredInsurer
             Mr.KishorekumarL.Naik,ReinsuranceProfessional    The most important aspect for a risk manager in an
                                                              organisation is to anticipate risk in advance. Look out
             AdvisoryCouncilMembers                           for the change in economic situation, political
             Mr.BDBanerjee                                    situation, technological impact and all other factors
             Mr.KamaljiSahay
                                                              that may impact the enterprise. World becoming a
             Mr.GSrinivasan
                                                              global village the opportunities has increased
             Mr.KaushalKMishra
             Mr.SridharKalyanasundaram                        manifold. As the opportunities increase the risks are
             Mr.HarishDua                                     also increasing geometrically.      All these
             Mr.SomitChitrey                                  developments are taking in such a fast pace that
                                                              unless Risk managers are proactive in anticipating
             RMAIIndustryExperts                              thesituation,allriskpreparednesswillfalter.
             Mr.AmolPadhye,RMAIBankingExpert
             Mr.N.K.VRoopKumar,RMAILifeInsuranceExpert        The Risk Management plan must incorporate all
             CAGaneshIyer,RMAILifeInsuranceExpert             possible situations and strategies to handle the risk.
             Mr.VikasNewatia,RMAIGeneralInsuranceExpert       A robust risk management plan will help a company
             Mr.AvezSayed,RMAIGeneralInsuranceExpert          establish procedures to avoid potential threats,
             Mr.SurathMukherjee,RMAICorporateExpert
                                                              minimizetheirimpactiftheyoccurandcopewiththe
                                                              results. This ability to understand and control risk
             RMAIBrandAmbassador
                                                              will enable the organizations to be more confident in
             Mr. Shaik Gulam Afzal Biya Bani, Middle-East and
             NorthAfrica(MENA)                                their business decisions.  A well defined Risk
             Mr.KrSumitGaurav,Tanzania                        Management plan will help to create a safe and
                                                              secure work environment for all employees and
             RegisteredOffice                                 stakeholders, Increase the stability of business
             25/1,BaranashiGhoshStreet,                       operations,anddecreaselegalliability.
             NearGirishParkMetro,Kolkata–700007(India)
                                                              It will also provide protection from situations that
             Website : www.rmaindia.org
             Email:info@rmaindia.org                          are detrimental to both the company and be
             HelpLine : 03322184184                           prepared. In short Risk Management department
                        40078378/40078428                     hasaveryimportantroletoplayinanyorganization.



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