“Have made an attempt to shift the focus of insurance cos from being a risk transfer mechanism to becoming a risk partner & developing solutions for corporate clients”
Sandeep Goradia
Head Corporate Solutions Group, ICICI Lombard General Insurance Company
“We have positioned ourselves to be a risk solution partner rather than just an insurance company, who settles customer claims fast”
Mr. Ramanjit Bhalla
VP, Corporate Solutions Group, ICICI Lombard General Insurance Company
“Data is now a national subject & Tech Mahindra has ensured that data, cyber security, risk management, audit, compliances all went hand in hand”
Mr. CP Gurnani
MD & CEO, Tech Mahindra
“We need to maintain our health immunity, do exercise and yoga everyday as well as follow the safety protocols to avoid health risks”
Dr. Naresh Trehan
Chairman & MD, Medanta
“Building a culture of risk management is the best practice for businesses as risk management is an ongoing process”
Mr. Neeraj Gupta
Partner - Risk Assurance Services, PricewaterhouseCoopers India
“In the future all organizations need to focus on regulatory risks for sustainability and environment and climate change”
Ms. Prabha Thomas
Chief Risk and Compliance Officer, Tata Consultancy Services
“Risk, as I see now occupies a board seat, we saw geopolitical risk for the first time because of the pandemic & supplies to some sanctioned countries were banned”
Mr. Mitanshu Shah
Senior Vice President, Alembic Pharmaceuticals Limited
“Organisations need to improve their stance on automated manufacturing and plan a boundryless risk management structure to mitigate future risks”
Ms. Jyotsna Sharma
CFO and Head of IT, Bridgestone India
“COVID19 pandemic has shed light on the risk of excessive dependence on global supply chain or on a single source. Adopting a new supply chain model is the need of the hour”
Sangita Reddy
Jt MD, Apollo Hospitals & President FICCI
“There are 5 pillars of risk management - Workforce, Security, Communication, Operations & Supply chain, Finance & Liquidity”
Vijayanush Narasimhan
CFO, Cisco India & SAARC
“Mental wellness wasn't a point of discussion in the corporate world in the pre-COVID era but it is now with the emphasis on work-life balance & will continue going forward”
Alok Agarwal
Executive Director, ICICI Lombard General Insurance Company
“We've introduced marine transit risk prevention activity, IoT for fire hydrants, wellness solution in health space, virtual risk assessment using drones & more helping us with reduction in claims”
Sahil Kangotra
VP Corporate Solutions Group, ICICI Lombard General Insurance Company
“Risk manangement is too imp a function to be outsourced to a third party.
Companies operating at lower scale can & should work on a robust budget and should look at a 3-6 month rolling forecast to look at how cash cycle is rolling out.”
Amit Harlalka
Deputy CFO, ArcelorMittal Nippon Steel India Limited
“Talent risk from retention, working, health & safety point of view was one of most important risk we faced. It was addressed immediately by engaging with them periodically.”
Ballav Mundra
CFO, Hexagon Capability Center India Private Limited
“Analytics & data in today's world is of utmost importance & companies need to work on ground level & have strategies to manage digital risks.”
Unique Kumar
Group Chief Information Security Officer, CK Birla Group
“A combination of multiple systems & solutions need to be orchestrated for complete operations to be ongoing with multiple backups in place, to ensure cyber outages are mitigated.”
Venkatraman G S
CFO, Subex Ltd
“Set up a governance mechanism to determine risks, define a risk appetite statement, communicate it with employees & carry out the risk assessment exercise.”
Prag Wadhawan
Executive Director, PwC
