Companies are operating in a global risk context that is creating the opportunity for the risk management profession to be elevated to a leadership position, according to Dirk Wegener, President of The Federation of European Risk Management Associations (FERMA).
Wenger was speaking at FERMA’s general assembly in Brussels.
“It is our view that risk management must be seen as a value-adding function, one that extends beyond the management of operational risks and engages directly with the C-suite to support the broader strategic ambitions of our companies and organisations,” Wegener said in his opening address.
Aligned with FERMA’s 2023 Theme of “Be Risk Leaders”, he highlighted how this has formed a central component of all activities conducted by FERMA over the last 12 months and will continue to do so.
On the cyber front, Wegener noted the recent publication of the ground-breaking, multi-stakeholder report – Cyber Insurance Dialogue: How Europe can lead the way to cyber resilience, which brought together experts from the risk, insurance and broking arenas to develop a series of measures to create a future-fit cyber insurance market and enable Europe to lead…
