Given the 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. The vision is 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 the role of risk management in driving sustainable growth. We are honored to have such esteemed and eminent members in the 'India Risk Code Initiative' by GRMI and FICCI. Glad to share that so many of the leaders are coming together and working towards creating a 'Model Risk Code' for the Indian industry. Prof. Rajan Saxena, Former Vice-Chancellor, SVKM's Narsee Monjee Institute of Management Studies (NMIMS) on 'Risk Management - Making it real'