FERMA President outlines plans to advance European risk management

Charlotte Hedemark, President of The Federation of European Risk Management Associations (FERMA), outlined plans to advance its strategic priorities: expanding its advocacy capacity, establishing leadership and emphasising value, and becoming a more agile and dynamic federation.

During the firm’s General Assembly, Hedemark stated, “FERMA will continue to amplify the role of risk management, leveraging the expertise of its member associations to drive a culture of risk awareness and proactive risk management.

“We will continue to strengthen our standing as a strong counterpart to the European institutions, enabling the risk management community to shape policies in vital areas such as climate, digitisation, and financial services. And we will continue to enhance the platform of collaboration that FERMA provides, bringing together multiple different stakeholders all committed to promoting the leadership credentials and expertise of the European risk management community.”

Regarding advocacy, she highlighted FERMA’s role in facilitating the introduction of the new category of “small and non-complex undertakings” in the recent Solvency II amendments, calling it a…