GEC NEWS WIREThe annual GCC GRC Day was held yesterday, providing a platform to share best practices in risk management, compliance, and enhancing resilience across cyber and operational domains.
Rajeev Dutt, GM -MEA and APAC at Swiss GRC, kicked off the summit. He emphasized that GRC is crucial for addressing interconnected risks in this digital age. According to him, proper tools and visibility are essential for managing risk effectively, though navigating rapidly changing regulatory landscapes can be challenging.
He highlighted the need for a strategic vision and stressed the importance of integrated GRC in mitigating risks and ensuring compliance.
Rajeev urged all attendees to take immediate action and implement an integrated GRC solution, which would provide a unified view of all risk areas, and enable the development of response plans for organizations to recover from disruptive events and maintain critical processes.
Rajeev’s presentation was followed by a panel discussion on navigating the challenges and opportunities in the GRC landscape. The panel featured prominent risk leaders such as Evita Faustina Francis, Head of Business Resilience for the Middle East and India at Marsh; Srihari Upadhya, AGM of IS Risk and Compliance at Aster DM Healthcare; and Mohamad Gholoom, Governance and Risk Expert at MoHAP.
The panelists explored a wide array of topics, including the impact of emerging technologies on GRC frameworks, strategies for fostering cross-departmental collaboration, and the skills and competencies essential for emerging risk leaders.
The conference saw robust participation, with attendees engaging in dynamic discussions and panels covering a wide array of topics, including cyber security, operational resilience, and integrating strategic business planning with regulatory demands.
Key Highlights:
- Insightful Keynote Speeches: Prominent speakers from leading organizations shared their expertise on current GRC trends, innovative risk management strategies, and emerging cybersecurity threats. The speakers included Rajeev Dutt, General Manager MEA and APAC, Swiss GRC, Osama Al Rahma, Head of Business Development and Wealth Management, Emirates Investment Bank, Doniella Mckoy, Faculty Lecturer Business Continuity and Emergency Management, Rabdan Academy, Khalid Jalal, Group CIO, GARMCO.
Event Outcomes:
- The event fostered a collaborative environment where attendees exchanged valuable insights and actionable strategies. The discussions underscored the importance of aligning business objectives with evolving governance and risk management demands, emphasizing the need for continuous adaptation and innovation in the face of new challenges.
- Participants lauded the event for its comprehensive coverage of GRC topics and the quality of the discussions. Feedback highlighted the value of networking opportunities, with many attendees establishing new connections that promise to drive future collaborations.
