To improve public procurement – use the Trust Test
Public procurement is too often solely made on price, and not enough on true value and to account for areas...
Venue: Crowne Plaza – The City, 19 New Bridge Street London EC4V 6DB
According to the Financial Reporting Council the long-term survival of a company depends on its ability to develop and implement a robust business model and strategy and the identification of the nature and extent of the principal risks materialising in the short and longer term that they were willing to take to achieve the company’s strategic objectives.
Board agendas are already being stretched but boards cannot delegate their ultimate responsibility for risk management and internal control.
What is becoming clear from the research undertaken and published by Airmic and other members of the Good Governance Forum is the need for a transformation in the risk function to match the transformation in the risks organisations are facing.
The Tomorrow’s Risk Leadership guide explores the case for a distinct and more specialist role, particularly within non-financial services, to support the board in their risk leadership role, recognising there will be differences in how risk is managed and roles are structured across organisations and sectors.
Judith Hackitt CBE FREng, Chair, UK Health and Safety Executive was appointed in 1 October 2007 for a term of 5 years and was reappointed as Chair of HSE for a further 3 years from October 2012. She previously served as a Commissioner between 2002 and 2005 and was awarded her CBE for services to health and safety in 2006. Judith is a chemical engineer and graduated from Imperial College in 1975. She worked in the chemicals manufacturing industry for 23 years before joining the Chemical Industries Association (CIA) in 1998. Judith became Director General of CIA (from 2002-2005) and then worked in Brussels for the European Chemical Industry Association (CEFIC). She is a Fellow of the Institution of Chemical Engineers and a member of council. She was President of IChemE from May 2013 to May 2014 and was elected Fellow of the Royal Academy of Engineering in July 2010. Judith is also a senior non-executive director and trustee of the Energy Saving Trust and a non-Executive director of the High Value Manufacturing Catapult.
John Ludlow, SVP & Head of Global Risk Management, IHG is overseeing Corporate Risk Management, Hotel Safety and Security and Risk Financing. He is a member of a team that champions and protects the trusted reputation of IHG and its brands. John has been leading Risk Management teams for the last 15 years. Previously he held senior Operational roles in the branded hospitality industry giving him a total of 30 years in the hospitality sector.
John Hurrell Chief Executive, Airmic was appointed on January 2008 following a career of almost 30 years in the Marsh and McLennan Group of Companies. Prior to that he was with the Royal Insurance Company. Having been educated in London, John entered the insurance industry in 1968 and qualified as a Fellow of The Chartered Insurance Institute. He joined the major account team in Sedgwick (later to be acquired by Marsh) in 1978 and subsequently went on to lead this team, first in the UK and then internationally. Prior to joining Airmic John was the Chief Executive of Marsh’s Risk Consulting business throughout Europe and the Middle East.
John Scott, Chief Risk Officer, Zurich Global Corporate joined Zurich in 2001 becoming Head of Risk Insight in 2007 and took on his current role in 2009. John leads the global, regional and local implementation of the Group’s enterprise risk management strategy across Zurich’s Global Corporate business. A graduate of Oxford University, with a PhD in geology from Aberystwyth University, John’s early career was in the upstream oil & gas industry, where he gained wide-ranging international experience with BP. In 1995 he gained his MBA at Cranfield and joined BOC, as a key member of the Group Strategy & Planning team, and then later became General Manager of BOC’s Edwards business division. John is a member of the Institute of Directors in the UK and is a contributor to the World Economic Forum Global Risks Report 2014.
Richard Sykes, Partner, PwC leads the firm’s global initiatives in the Governance Risk and Compliance arena. His current focus is on driving the Risk Resilient agenda, with a focus on Risk Appetite, High Impact risk and Behaviours and Culture, in particular post the global financial crisis and the incidents at BP, Toyota etc. His role involves having discussions at a board level with both executive and non-executive directors around the subject of the practicalities of effective governance. Richard is currently the global relationship partner for WPP, the largest Global Advertising, Media and Communications group and was previously GRP on two FT500 clients: ArcelorMittal and Cadbury. This role involves Richard directing PwC’s overall service delivery in areas such as M&A, tax, accounting support, Sox404 implementation, risk management and sustainability initiatives. Richard has spent the majority of his career as an audit partner on FTSE100 clients where his industry experience derives from the Entertainment and Media sector and the Industrial Products sector in particular. He was also the PwC Global Industrial Products leader from 2004-2009, a sector that includes Steel, Aerospace and Defence and Transportation and Logistics amongst other sectors.
Mark Goyder, CEO & Founder, Tomorrow’s Company is an award-winning speaker, writer and broadcaster with over 15 years’ experience as a manager in manufacturing businesses. He is CEO & Founder of Tomorrow’s Company the London-based business think tank that works with business leaders and investors to shape the future of business success. Mark has current advisory roles with Walgreen Boots Alliance and Camelot, and has previously worked in such roles with directors of BA, BT, Novo Nordisk. The latest edition of his book ‘Living Tomorrow’s Company – rediscovering the Human Purposes of Business’ was published in 2013 and described by Charles Handy as ‘by far the best, and most readable, account of capitalism’s current discontents’.
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