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First Capital Plus Bank 3 day training workshop on Risk Management

posted Nov 20, 2013, 10:56 PM by Adminstrator CGP Worldwide
First Capital Plus Bank has organized a 3-day training workshop on Risk Management for all management and unit heads at the African Regent Hotel. The workshop was organized for the company by Cambridge Global Partners, a U.K based international strategy and business consultancy firm founded by a group of University of Cambridge alumni and associated world class experts.
The basic objective of the training programme was to keep management abreast with contemporary issues in risk management and help deepen FCP’s integrated enterprise risk management approach as the bank gears up to become a pivotal player in Ghana’s banking industry and also positions itself to go international in the medium to long term.

Speaking at the opening of the training programme, Chief Executive Officer of First Capital Plus Bank, John Kofi Mensah stated that there’s the need for organizations to adopt a more objective, scientific and data-centric approach to risk management and treat risk management as enterprise-driven as opposed to departmental-driven. He stated that traditionally, the concept of Risk Management has been seen as the sole preserve of the Risk Management Department but risk is inherent in every facet of an organization’s operations and it’s important for organizations to deploy sound enterprise-wide risk management strategies in order to maximize efficiency and effectiveness.

He continued that FCP’s focus is to become a benchmark for advanced risk management practice in Africa by deploying the most advanced contemporary global risk management models adapted to the complexities and peculiarities of the Ghanaian market.

In an interview with the General Manager for Risk Management, Dr. Charles Akuetteh, he stated that as a new entrant in Ghana’s banking industry, the complexities of the company’s operations has deepened and there’s therefore the need for a more integrated, scientific and detailed company-wide risk management approach to decision-making in order to consistently deliver value to customers, staff, shareholders and stakeholders in general.

The facilitator of the training programme, Dr. Dayanand Pandey who holds a PhD in Enterprise Risk Management is considered one of the foremost academics and practitioners in Risk Management after successfully deploying Enterprise Risk Management as founder Chief Risk Officer (CRO) and Head of Training at Bank Melli Iran (BMI) in Dubai which has 3,300 branches internationally and over 43,000 employees.

Dr. Pandey is currently a full Professor and Executive Director of Centre for Applied Finance at Jindal Global Business School (JGBS) in NCR of Delhi and chief consultant of large European PE and Investment fund. He is a visiting professor at Middlesex University in Dubai and many international universities.

Dr. Pandey has worked as Senior lecturer with the Emirates Institute for Banking and Financial Services (EIBFS) which is the largest government training outfit for all the banks in the UAE. He has also worked as Associate Professor at British University of Dubai, Birmingham University and as Head of Finance and banking programme at University of Wollongong.

He has several scholarly articles to his credit and presented several papers on Risk Management at Harvard University in the USA, Oxford University in the U.K and at many international conferences on Risk Management in New York, London, Rome, Hong Kong, Dubai, Delhi, Mumbai, Bahrain and Frankfurt. He has authored books on Managerial Economics and Economic Environment of Business and Risk Management.

 - See more at: http://blog.firstcapitalplus.net/first-capital-plus-organizes-workshop-on-risk-management/#sthash.Z18rbBCV.dpuf