Page 3 - Risk Management Bulletin January-June 2023

RMAI BULLETIN JANUARY TO JUNE 2023

Risk Management Association of India

Registered Under Societies Registration Act - 1961 Vide Registration No. S/73835 (WB)
Global Body Dedicated to Education, Research and Development on Risk Management

VOL. VI - No. 01 - January - June 2023
Council Members Editorial
Mr. R. G. Agarwala, President
Prof. (Dr.) Abhijit K Chattoraj, Vice President
Dr. Rakesh Agarwal, Secretary General As we navigate through the dynamic landscape of risk
Mr. Shyam Agarwal, Treasurer management, it is imperative to stay informed about the latest
Mr. Vineet Agrwal trends and developments in our field. In this edition, we will
Mr. Naren Bonnerjee delve into the emerging risk management trends that are
Mr. Bilwa Banerjee
Mr. Vivek Kumar Naik shaping the way organizations mitigate risks and adapt to an
Mr. Deepak Choudhary ever-changing environment.
In recent years, technology has played a transformative role in
Advisory Council Members risk management. From artificial intelligence and machine
Mr. B D Banerjee
Mr. Kamalji Sahay learning to blockchain and data analytics, organizations are
Mr. G Srinivasan harnessing the power of technology to enhance risk
Mr. Kaushal K Mishra assessment, early detection, and mitigation strategies.
Mr. Sridhar Kalyanasundaram Automation and digitization are becoming integral parts of risk
Mr. Somit Chitrey management practices, enabling us to gather and analyze vast
Mr. KB Vijay Srinivas amounts of data in real-time, leading to more effective risk
Mr. Vivek Kumar Naik identification and response.
Mr. Deepak Choudhary
Environmental, Social, and Governance (ESG) factors have
RMAI Industry Experts gained significant importance in risk management strategies.
Mr. Amol Padhye - Banking Investors, stakeholders, and regulators are increasingly
Mr. N.K.V Roop Kumar - Life Insurance demanding greater transparency and accountability from
Mr. Anjan Bhattacharya - Life Insurance
Mr. Ganesh Iyer - Life Insurance organizations regarding their ESG practices. Risk
Mr. Vikas Newatia - General Insurance management is evolving to include the assessment and
Mr. Avez Sayed - General Insurance mitigation of ESG-related risks, such as climate change, social
Mr. Surath Mukherjee - Corporate inequality, and corporate governance issues. Incorporating
Mr. Dwaipayan Dutta - Life and Health ESG considerations into risk frameworks helps organizations
Mr. Kr Sumit Gaurav - Life Insurance, Uganda
proactively manage risks and seize opportunities arising from
sustainable practices.
RMAI Brand Ambassador
Mr. Shaik Gulam Afzal Biya Bani, The COVID-19 pandemic exposed vulnerabilities in global
Middle-East and North Africa (MENA)
supply chains, highlighting the need for enhanced resilience.
Risk managers are now reevaluating supply chain
RMAI Academic Council dependencies, diversifying sourcing strategies, and prioritizing
Prof Manoj K Pandey risk assessments across the entire value chain. The focus has
Prof Pratik Priyadarshi
Dr. A. A. Attarwala shifted towards building agility, flexibility, and redundancy into
supply chain operations to mitigate disruptions caused by
Registered Office geopolitical tensions, natural disasters, or unexpected events.
25/1, Baranashi Ghosh Street We hope you find this edition of the Risk Management Bulletin
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Website : www.rmaindia.org informative and insightful. We encourage you to explore the
Email : info@rmaindia.org articles, case studies, and interviews featured in this issue and
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