Join us for a webinar: ASSOCHAM Corporate Governance Symposium Series 2: Effective Risk Management Committee on 26 August 2021
The financial stress posed by Covid-19 pandemic and its rippling effects have prompted organizations to rethink how they govern and manage risk and especially, w.r.t. the newer ones which have unprecedently disrupted the systems and internal control. The situation has also reinforced a need for a robust risk management framework for identification of internal and external risks faced by the both listed and unlisted entities. The risks are including financial, operational, sectoral, sustainability (ESG related risks), information, cyber security or any other type of risk. In order to respond to the risk exposures in a timely manner, the board’s function to oversee the risk management policy and framework require necessary changes in working practices and organizational arrangements. The key is to take an agile approach to business continuity and broader risk management. Hence, there is a need to review the current risk appetite framework with the board and senior management in order to understand the impact on the company’s current risk profile.
The strategic role of Risk Management Committee (RMC) is very much crucial to ensure that the organization is taking the appropriate measures to achieve prudent balance between risk and reward in both ongoing and new business activities. RMC assist the Board of Directors in fulfilling its oversight responsibilities regarding the risk appetite of the entity, it’s risk management and compliance framework, as well as governance structure that supports the vision and long-term sustainability.
In view of emerging trends in the practices of risk management committee as well as challenges being faced by them in implementing and monitoring the risk management plan and strengthening the overall corporate governance frameworks in the organizations, ASSOCHAM is organizing the Corporate Governance Symposium - Series 2 on “Effective Risk Management Committee”.
The conference will be deliberated by eminent speakers and participants from the government, regulators, corporate governance practitioners, directors on board of corporates, chartered accountants, company secretaries, CFOs, legal heads, compliance heads, among others.
Eminent guests and speakers
- Mr. Vineet Agarwal, President, ASSOCHAM and Managing Director, TCIL
- Mr. Deepak Sood, Secretary General, ASSOCHAM
- Ms. Preeti Malhotra, Chairperson ASSOCHAM National Council for Corporate Affairs, Company Law and Corporate Governance & Chairman, Smart Bharat Group
- Mr. Shobhit Agarwal, Chairman, ASSOCHAM National Council for Internal Audit and Risk Management & Partner Advisory, KPMG in India CA
- (Dr.) Ashok Haldia, Chairman, ASSOCHAM Task Force on Accounting Standards, Former Secretary, ICAI, and Former MD & CEO, PTC India Financial Services Ltd.
- Mr. Naveen Aggarwal, Co-Chairman, ASSOCHAM National Council for Internal Audit and Risk Management & Partner, SS Kothari Mehta & Company
- Mr. Sunil Kalra, Partner – Risk Consulting, Mazars in India
- Mr. Vijay Sachdeva, Co-Chairman, ASSOCHAM National Council for Corporate Affairs, Company Law and Corporate Governance & Deputy National Leader (North), Risk and Advisory Services, Haribhakti & Co. LLP
- Mr. N. Srikrishna, Co-Chairman, ASSOCHAM National Council for Corporate Affairs, Company Law and Corporate Governance & Partner, Brahmayya&co, Chartered Accountants
- Representative of MCA
- Representative of SEBI