Page 4 - RMAI Bulletin July - September 2021
P. 4
RMAI BULLETIN JULY TO SEPTEMBER 2021
Content About us
Risk Management has assumed great significance in
Risk Associated with Mining
the global economic scenario. More and more com-
Sector and its Management
panies are recognising the need of implementing the
Suraj Sujit Bera 3
concept in their organisation.
Risk Management Process/Loop on
Unless risk is monitored properly the very existence
various risk issues (MFI Sector)
of business may be at stake. The technological ad-
Aniket Kirtiwar 16
vancement has revolutionised the ways of doing busi-
Tropical Cyclone : A Challenge to ness but at the same time has posed new challenges
Insurance Industry - Gis to manage and contain risk.
Technology A Solution
In western countries Risk Management is an important
Shreenivas Kulkarni & Dr Shrikant Gabale 19
area which has attracted the attention of Bankers, In-
surers, Financial Institutions, Government, business
Cyber Attacks have Increased Manifold:
houses, in forecasting the imminent risk in undertak-
Situation Turned Alarming
ing any project/work and taking suitable precautions to
Jagendra Kumar 23
avoid or minimize the adverse impact of risk.
Tone at the top: Should Risk Management
However in India though the importance of Risk Man-
Department be Directly Responsible to
agement has been recognized but no concrete step
Board of Directors than CEO
has been taken to establish it as integral part of ac-
Tirath Raj Mendiratta 29
tivity so that risks may be perceived in advance and
Role of Risk Management professionals in suitable measures be taken to avoid it.
emerging economies
In order to respond to the future challenges, Risk
Parivesh Khandelwal 34
Management Association of India has taken the oner-
ous responsibility to create a platform for Risk Profes-
RMAI Membership Benefits 28
sionals, Insurers, Bankers, Corporates to exchange lat-
Risk Management Integral to est news, articles, resources relating to risk manage-
Higher Education 40 ment, encourage research and development, provide
certification to members, provide courses on risk man-
Glossary 42 agement, conduct webinars, Conferences etc.
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