![]() BSE & Ernst & Young launch Mastering Risk seriesPublished on Fri, Sep 15, 2006 at 18:39 | Source : Moneycontrol.com Updated at Sat, Sep 16, 2006 at 12:43
The Bombay Stock Exchange in association with Ernst & Young today announced the launch of Mastering Risk series. The series was inaugurated by Mr G Anantharaman, Whole Time Member, Securities and Exchange Board, in the presence of Mr Rajnikant Patel, Managing director & CEO, Bombay Stock Exchange and Mr Sunil Chandiramani, National Director, Risk and Business Solutions, Ernst & Young. Mastering Risk is an attempt to identify various aspects of risk companies are exposed to and the importance of risk management initiatives. This six part series will span over four months and will focus on themes like Operationalising Enterprise Risk Management, Role of Internal Audit in Corporate Governance, Managing Treasury Risk and Clause 49 & Risk Management - Maximising benefits of compliance initiatives. According to Mr. Rajnikant Patel, Managing Director & CEO, Bombay Stock Exchange, "The revised Clause 49 has made it essential for the CEOs and CFOs to be aware of the various aspects related to corporate governance and risk management initiatives. Enterprise management requires managing and mitigating risk on an ongoing basis. This series on Managing risk is a joint venture by BSE and E&Y to arm the CEOs and CFOs of various enterprises with the knowledge and the tools required for timely and fair evaluation of risk assessment and management enterprise." This series will be held at the Bombay Stock Exchange in the form of breakfast sessions every month from September 06-Januray 07. This series will end with a panel discussion on Companies on Risk - Benefits of Alignment. The theme for the inaugural event is investors on risk where Ernst & Young launched its Global Institutional Investor Risk Survey.
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