Trigger:

Given lack of industry-wide policies and implementation standards around risk management, FICCI and GRMI realized there is a significant opportunity to drive thought leadership in the space.

Vision:

To create a Model Risk Code for the Indian industry and to develop effective enablers for practical implementation along with enhancing awareness among corporate leaders on role of risk management in driving sustainable growth.

Genesis to a Risk COE

The Risk Taskforce to ultimately transform to an independent “Risk Centre of Excellence” over a 12-18 months period under the aegis of FICCI.