Page 4 - Risk Management Bulletin Jan- Mar 2022
P. 4
RMAI BULLETIN JANUARY - MARCH 2022
Content
About us
How restoring water damaged assets is
Risk Management has assumed great significance in
determining business continuity
the global economic scenario. More and more com-
Deepak Pahwa 3
panies are recognising the need of implementing the
concept in their organisation.
Biggest Risk Management Failures
S. G. Afzal Biya Bani 6
Unless risk is monitored properly the very existence
of business may be at stake. The technological ad-
Operational Risk Management in
vancement has revolutionised the ways of doing busi-
IT Outsourcing Activities
ness but at the same time has posed new challenges
Deepali Venkatesh Gawda 11
to manage and contain risk.
Bend but don't break: Operational Resilience
In western countries Risk Management is an important
Usha Yadav 16
area which has attracted the attention of Bankers, In-
surers, Financial Institutions, Government, business
Identify the Top Emerging Risks and
houses, in forecasting the imminent risk in undertak-
possible ways to Mitigate those Risks
ing any project/work and taking suitable precautions to
Deepti Raghav 22
avoid or minimize the adverse impact of risk.
Data Is The New Business Fuel, But It
However in India though the importance of Risk Man-
Requires Sound Risk Management
agement has been recognized but no concrete step
Morgan Palmer 27
has been taken to establish it as integral part of ac-
tivity so that risks may be perceived in advance and
The fundamentals of credit risk management
and how to mitigate credit risk suitable measures be taken to avoid it.
Mohan Ramaswamy 29
In order to respond to the future challenges, Risk
Management Association of India has taken the oner-
RMAI Membership Benefits 31
ous responsibility to create a platform for Risk Profes-
sionals, Insurers, Bankers, Corporates to exchange lat-
Emerging Trends In Risk Management-What
est news, articles, resources relating to risk manage-
Risk Management Consultants
Need To Anticipate 32 ment, encourage research and development, provide
certification to members, provide courses on risk man-
Glossary 34 agement, conduct webinars, Conferences etc.
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