Newsroom

Society Presents Professional Development Workshops at

2^nd Annual ERM MENA 2012 Conference in Dubai

NEW YORK (June 14, 2012) – As part of an initiative to expand the Society’s international profile, RIMS’(Risk and Insurance Management Society, Inc.) representatives traveled to Dubai to deliver keynote addresses and facilitate workshops at the 2^nd Annual Enterprise Risk Management MENA (Middle East Northern Africa) 2012 Conference.  Presented by TCQ Triangle, the four-day conference brought approximately 80 business leaders and risk decision-makers from around the world to explore the best practices and latest trends in implementing Enterprise Risk Management (ERM).

Representing RIMS at this international conference was:

·      Christopher E. Mandel, ARM, CPCU, CCSA, AIC, MBA, a former RIMS President and the Executive Vice President, Head of Professional Services rPM3 Solutions, LLC.  Mr. Mandel delivered a keynote address and presented the “Strategic Risk Management – Integrating ERM & Strategic Planning” Master Class workshop; and

·      Dr. Joseph A. Milan, ARM, a former member of RIMS ERM Committee and the Principal of JA Milan & Associates LLC.  Dr. Milan also delivered a keynote address and presented the “ERM Implementation – Accelerating ERM Theory into Practice” Master Class workshop.

“Raising the global profile of RIMS and the risk management profession is essential for the Society’s sustainability and growth,” said RIMS President Deborah M. Luthi. “Expanding our presence overseas will inevitably lead to new relationships, as well as the development of more resources and knowledge that we can then leverage to benefit our members. I would like to thank Mr. Mandel and Dr. Milan for their efforts to promote the Society and the profession.”

“While along way to travel, the MENA ERM forum was one of the best I've attended where the focus was ERM and in this case, specifically managing risk strategically, said Mr. Mandel. “The delegates were incredibly engaged in the dialogue and debates and to my surprise, generally far more advanced than I would have thought. The Middle East has tremendous potential for RIMS to expand its footprint and bring value to an underserved constituency.”

Dr. Milan said, "Implementation of ERM in the Middle East and North Africa is rather mature.  From some of the largest oil companies in the world to governmental and not-for-profit entities, there is a disciplined focus that includes aligning ERM with strategic risk management.  Practitioners in the region look to RIMS as a highly credible source for up-to-date ideas in the discipline and I am certain there will be more opportunities for collaboration and outreach in the region.”