About Us
The Institute of Risk Management (HQ : UK) is the world’s leading professional body for Enterprise Risk Management qualifications, training and research. We are committed to expanding our global enterprise risk management ecosystem in India with the highest standards of education and knowledge that improves outcomes for organisations through IRM qualified risk professionals. The IRM has been recognised as the preferred thought leader in ERM by industries across the world.
30
years
360
exam centres
across India
143
countries
The world of work demands a blend of skill, knowledge and wisdom. IRM India Affiliate’s vision is to prepare India’s human capital for an increasingly complex, fast-paced and dynamic business environment. The IRM’s Level 1 to Level 5 qualifications with designations, industry training and professional standards, help today’s risk community meet the demands of a challenging environment.
IRM members work in many roles, in all industries and across the public, private and not-for-profit sectors around the world. Our qualifications cover Enterprise Risk Management, which is a much broader concept than financial or insurance risk. Because risk is inherent in everything we do, our members across the globe come from varied backgrounds like:
• Leadership
• Chief risk officers
• Business continuity experts
• Entrepreneurs
• Accountants
• Lawyers
• Family business owners
• Head of departments
Enterprise Risk Management is applicable across all sectors:
Automobiles
Banking
Consumer Durables
E-Commerce
FMCG
Finance
Infrastructure
IT & ITES
Manufacturing
Insurance
Railways
Real Estate
Retail
Steel
Energy
Telecommunications
Textiles
Pharmaceuticals
Consulting
Across the globe, especially in developed economies, risk management has gained significant importance in how leaders run their businesses. Given the rise in business failures, evolving regulatory landscape and complex changes affecting businesses including unforeseen crisis like situations such as the COVID-19, organisations have started to realise the importance of risk and crisis management as a tool for enhanced strategic value for sustainable business growth.
IRM's Global Presence

Afghanistan

Albania

Angola

Antigua & Barbuda

Argentina

Australia

Austria

Bahamas

Bahrain

Barbados

Belgium

Belize

Bermuda

Bolivia

Bosnia and Herzegovina

Botswana

Brazil

British Virgin Islands

Brunei

Bulgaria

Cameroon

Canada

Cayman Islands

Chile

China

Colombia

Côte d’Ivoire

Croatia

Curaçao

Cyprus

Czechia

Democratic Republic of Congo

Denmark

Ecuador

Egypt

Estonia

Ethiopia

Fiji

Finland

France

Gambia

Georgia

Germany

Ghana

Gibraltar

Greece

Grenada

Guatemala

Guernsey

Guyana

Hong Kong

Hungary

Iceland

India

Indonesia

Iran

Ireland

Isle of Man

Israel

Italy

Jamaica

Japan

Jersey

Jordan

Kenya

Kosovo

Kuwait

Latvia

Lebanon

Lesotho

Liberia

Lithuania

Luxembourg

Malawi

Malaysia

Maldives

Mali

Malta

Mauritius

Mexico

Micronesia

Monaco

Morocco

Mozambique

Myanmar

Namibia

Netherlands

New Zealand

Nigeria

Norway

Oman

Pakistan

Palestine

Papua New Guinea

Peru

Philippines

Poland

Portugal

Qatar

Romania

Russia

Rwanda

Saint Martin

Saudi Arabia

Senegal

Seychelles

Sierra Leone

Singapore

Sint Maarten

Slovakia

South Africa

South Korea

Spain

Sri Lanka

St. Vincent & Grenadines

Sudan

Suriname

Swaziland

Sweden

Switzerland

Syria

Taiwan

Tanzania

Thailand

Trinidad & Tobago

Turkey

Turks & Caicos Islands

U.S. Virgin Islands

Uganda

UK

Ukraine

United Arab Emirates

US

Vietnam

Zambia

Zimbabwe

India Affiliate Governance Team
The Governance Team is the highest governing authority of the India Affiliate of Institute of Risk Management, vested with the responsibility of working towards IRM's global vision, mission, and strategy. The Governance Team works in conjunction with the global team and other executives who manage the IRM qualifications and examinations. Promoting accountability and integrity in enterprise risk management education, is of paramount importance for the Governance Team.
Hersh Shah, SIRM
Chief Executive Officer
IRM India Affiliate
Chair – IRM Global – India Regional Group
Hersh Shah, a Commerce Graduate from Mumbai University (H.R. College of Commerce & Economics), is a member of the Institute of Chartered Accountants of India (ICAI) and an alumnus of IIM-Bangalore. He is a Technical Specialist elected by the Institute of Risk Management, UK. He has over 11 years of experience in audit and assurance, risk management, consulting and corporate finance including structuring of strategic alliances & partnerships with specific focus in the education sector.
Hersh was previously associated with KPMG Risk Consulting where he worked on many enterprise risk consulting assignments. Hersh was also selected amongst the 'Top 6' of the firm as part of the Ideas for Innovation Initiative by the CEO's Office at KPMG India. He has travelled extensively to South Africa, USA, UK, China and the Middle East for his professional assignments. Post KPMG, he also helped in setting up an entrepreneurship business school in Mumbai. He was also one of the 450 people to be selected in 2014 for a social entrepreneurship train journey across India which helped him decipher rural and semi-urban India. Hersh also setup a microfinance NBFC within a large FS group where he scaled up the portfolio to over 100+ crores leading a team of 250+ people across India.
Hersh has delivered sessions in Enterprise Risk Management for over 7000+ students across India in the area of risk management since the age of 21.
Sanjay Himatsingani
Director, Training & Business Development
Institute of Risk Management, UK
Strategic Advisory Board Member – IRM India Affiliate
Sanjay Himatsingani works with clients to ensure that everyone from the CEO to the front-line team have the knowledge and skills necessary for the organisation to improve their Risk Maturity and embed risk management. Through programmes of individual workshops and long-term learning and development plans, organisations become more proactive in managing risks, employees become more engaged, and teams become more productive. Sanjay has extensive experience working with a number of national and multi-national businesses within the public, private and not-for-profit sectors.
As a seasoned learning and development consultant, he combines his years in the business and training worlds into developing bespoke and tailored programmes for organisations globally. Clients include Barclays Bank, UBS, Saudi Aramco, BP, Network Rail, General Medical Council, NHS, Ministry of Defence, National Grid, Prudential and Ecclesiastical.
Carolyn Williams
Director, Corporate Relations
Institute of Risk Management, UK
Strategic Advisory Board Member – IRM India Affiliate
Carolyn Williams is Director of Corporate Relations at the Institute of Risk Management. She is responsible for engaging with potential members, corporate partners, employers and others to communicate the importance of risk management, competency and professional development and the role of the IRM. In her 13 years at IRM she has also been responsible for technical development and thought leadership projects.
Before joining IRM she worked for Lloyd’s of London for many years, most recently as Head of Training and Communication for the risk management team, during which time she took the IRM Diploma examinations. Carolyn represents IRM on various bodies including the Advisory Board of the Cambridge University Centre for Risk Studies. She studied Politics, Philosophy and Economics at Oxford University and is a Chartered Insurance Risk Manager and a Certified Member of the Institute of Risk Management.
Regional Group
The IRM India Regional Group is an extension of the activities pursued by the IRM India Affiliate. The group, through the Chair and Deputy Chairs, aims to expand IRM’s global risk community by advancing and generating value for the ERM profession in India with the highest standards of ethics, education, research and knowledge that improves outcomes for organisations through our qualified students and members.
Sunder Natarajan, CMIRM
Chief Compliance and Risk Officer
India First Life Insurance
IRM Level 4 Qualified
Sunder Natarajan is the Chief Compliance & Risk Officer of IndiaFirst Life Insurance. In his five-year long association with IndiaFirst Life Insurance, Natarajan has led the Bancassurance distribution strategy for the company and helped build an integrated Bancassurance model with the partner banks. In a career spanning 25 years, Sunder has worked in the Insurance industry for two decades. He has proven excellence across diverse functions including Sales, Customer Service, Strategy, Bancassurance, Customer Retention, Operations, Quality, Business planning, Training, Communication & Governance.
Sunder holds a Bachelor of Commerce degree from the University of Madras and a Post Graduate Diploma in Business Administration from Narsee Monjee Institute of Management Studies, Mumbai. He completed an Accelerated Leadership Programme from Indian Institute of Management, Ahmedabad and is a Certified Member of the Institute of Risk Management (CMIRM).
Rama Warrier, CFIRM
Promoter at Conzulting
Previously Managing Partner at Infosys Consulting
IRM Level 5 Qualified
Rama Warrier runs an independent management consultant practice which provides consulting and advisory services to several large corporates in technology and financial services, in India and abroad. He is also engaged in developing fintech solutions, using Blockchain and AI, in collaboration with specialized companies. Prior to his present venture, Warrier held the position of Managing Partner of Infosys Consulting. During his decade-long stint with Infosys, he has been advisor to large transformation programs of corporates in North America, Europe, Middle East, Asia and Australia.
His primary focus has been initiatives related to risk and insurance. Warrier has been an active contributor to journals and conferences on topics related to ERM, Solvency regulations, technology etc. His articles have been published in Best’s Review, The Actuary, InfoRM, Asia Insurance Review and Economic Times, to name a few. Warrier holds a bachelor’s degree in Technology. He qualified as a Certified Fellow of the Institute of Risk Management (CFIRM) in the year 2005. He also holds an Advanced Diploma (ACII) of the Chartered Insurance Institute UK and is an elected Fellow of Insurance Institute of India.
Sachin Paranjape, SIRM
Partner, Deloitte Touche Tohmatsu India LLP
Strategic Risk Practice Leader, Deloitte (India)
Asia Pacific Leader, Corporate Governance
With over 25 years of experience in business advisory and industry, Paranjape’s area of specialization is Corporate Governance, Strategic Risk and Internal Controls. He advises number of clients on building Risk Intelligent Enterprises. His clients include MNCs, Large Indian Corporates, PSUs and others. A mechanical engineer with an MBA from Mumbai University, CISA, he is certified by International Finance Corporation on Board Leadership training.
He leads Strategic Risk practice for Deloitte in India and is Asia Pacific Leader for Corporate Governance services. He is the Lead Client Service Partner of one of India’s leading conglomerates.
Other than his client work, Sachin is a member of- CII National Committee for CFOs for 2019-20 and a contributor to many Deloitte Global reports i.e. Women in the Boardroom 19, Deloitte Global Compliance Trends Survey Report – India Edition 2015. He manages special projects on Enterprise Risk and Crisis for Deloitte India. He has authored several publications such as Subsidiary Governance, Performance Evaluation of the Board and Directors, Audit Committee – Roles & Responsibilities under the Companies Act, Analysis of Disclosures by 100 Companies under the new Companies Act, Internal Financial Controls (IFC) Survey of Indian companies, etc. His articles on Extended Enterprise Risk Management, Crisis Management, etc. are published in leading business papers and journals. Sachin is on the Deloitte India CSR Governing Council and has been a Diversity and Inclusion champion for the Risk Advisory Business.
Strategic Advisory Board
Our Strategic Advisory Board is a formally constituted group of independent leaders who provide high quality, objective advice for the development of a global risk community in India. It has been established to function as a think-tank for IRM and provide expertise to develop insights that drive impact.
Paul Sobel
Chairman
COSO - Committee of Sponsoring Organisations (USA)
Michele Wucker
CEO
Gray Rhino & Company (Chicago)
Mehul Shah
Managing Director
Encube Ethicals Private Limited
Dhanpal Jhaveri
Vice-Chairman
Everstone Capital Group
Shailesh Haribhakti
Chairman
Shailesh Haribhakti & Associates
Prabha Thomas
VP & Chief Risk and Compliance Officer
Tata Consultancy Services (TCS)
Richard Lukacs
Specialist - Global Risks and Geopolitical Agenda at the World Economic Forum (WEF)
Dinesh Kanabar
CEO
Dhruva Advisors
Rui Bastos
EMEA Risk Head
Ernst & Young
KBS Manian
Group Chief Risk Officer & Head of IA
Apollo Hospitals Enterprise Ltd.
Jyoti Ruparel
Enterprise Risk Leader
Genpact
V. Swaminathan
Head of Corporate Audit & Assurance
Godrej Industries Limited
Alessandro Giuliani
Managing Director
SDA Bocconi Asia Center
Kartikeya Nath, SIRM
Chief Risk Officer
Jindal Steel & Power Limited
Arup Chakraborty
Executive Director & Group Head of Internal Audit
RP Sanjiv Goenka Group
Amit Sharma
Head of Corporate Risk and Insurance Management - SAARC & Vietnam
Bosch Group
Dr. Ranjini Krishnaswamy
Veteran Academician
Dr. Shashank Shah
SAI Fellow ’17
Harvard University
Sachin Jain
Sr Advisor – South Asia
Cintana Education
(Global higher education provider in partnership with Arizona State University)
Venkatesh S, SIRM
Head of Risk, Internal Control and Investor Relations
(Regional Hub South Asia)
Siemens Limited
Prof. Arnab Kumar Laha
Indian Institute of Management Ahmedabad
Specializations: Data Analytics, Quality Management and Risk Management
Manoj Agarwal
Head of Internal Audit & Risk Management
Metro Brands Limited
Delzad Jivaasha
Associate Vice President – Enterprise Risk Management
ICICI Lombard General Insurance Company Limited
Prabir Jha
Founder
Prabir Jha People Advisory
Mentorship Board
The Corporate Mentorship Board brings a 360-degree perspective of risk management to practice. Focusing on academic and sector specific aspects of risk management, our mentors’ expertise will reap benefits for the future generation of risk professionals.
Avantika Goel
Managing Director & Country Head, India
Wiserfunding Limited
Pratik Oswal
CEO, Glide Invest
Head - Passive Funds
Motilal Oswal AMC
Mantas Semeta, GradIRM
Senior Risk Consultant at EY (UK)
Arunkumar Padmanaban
CEO
Svasti Microfinance
Mansi Poddar
Executive Director
Acies Consulting
Nicholas Stylianakis
Strategy Lead
3H Partners (London)
Udit Hinduja
COO & Director
enguru : Live English Learning
Udai Chopra
Startup Specialist
Head of Special Projects at Meddo Health
Gaurang Gada
AVP
AIG (Singapore)
IRM Level 2 Qualified
Dr. Jenny Benoy
Academic Researcher - International Business
Manoj Sharma
VP of Risks, Internal Controls & Compliance
Thyssenkrupp Industries India Pvt. Ltd.
Apurv Suri
SC Ventures, Business Ventures
Standard Chartered Ventures (Singapore)
Shayamal Vallabhji
Motivational Speaker
Sunil Jhaveri
Founder MisterBond Platform
B2B for Mutual Fund Practioners
Dr. Rakhi Sharma
HoD - Entrepreneurship Convenor
Jai Hind College
Ashish Malhotra
Director, Risk Psy
(previously associated with Fidelity
and Blackrock)
Robin Behl
Co-Founder of The Tribe
Physical & Mental Health Advisory
Pearl Mistry
Director
Della Group
Arjun Ahuja
Director, Flemingo International BVI
Co-CEO, Cococart
Vighnesh Chandrasekar GradIRM
IRM Level 3 Qualified Alumni
Rushva Parihar
Sustainability Coach & SDG Expert
Curator - Global Shapers Mumbai Hub - World Economic Forum