About Us
The Institute of Risk Management (headquartered in the UK) is the world's leading professional body for Enterprise Risk Management (ERM) qualifications, training, and examinations. IRM has been driving excellence for over 30 years across 143 countries. With IRM India Affiliate, students and professionals across India can register for the ERM exams and pursue the 5-level pathway to Certified Fellowship in India and join a global community of qualified leaders. 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.
exam centres
across India
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:
Consumer Durables
Real Estate
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




Antigua & Barbuda











Bosnia and Herzegovina



British Virgin Islands





Cayman Islands




Côte d’Ivoire





Democratic Republic of Congo



















Hong Kong







Isle of Man






























New Zealand






Papua New Guinea









Saint Martin

Saudi Arabia



Sierra Leone


Sint Maarten


South Africa

South Korea


Sri Lanka

St. Vincent & Grenadines










Trinidad & Tobago


Turks & Caicos Islands

U.S. Virgin Islands




United Arab Emirates





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.
Dr. Shashank Shah
Board Research Chair
IRM India Affiliate
Dr. Shah is a stakeholder management strategist, international researcher, and national bestselling author. His research focuses on the pivotal role of corporations in economic and social value creation through visionary leadership, stakeholder-centric decision making, and inclusive business strategies. He has been a Visiting Scholar at Harvard Business School and Copenhagen Business School; Fellow and Project Director at Harvard University South Asia Institute; Postdoctoral Fellow at Sri Sathya Sai Institute of Higher Learning; and Consulting Editor with the Business India Group. He sits on the advisory board of academic institutions and tech companies in India and USA.

Dr. Shah has authored 250+ research papers, articles, case studies, and technical notes in diverse topics connected with business management, strategy and leadership and published by leading publishers including Harvard, Sage, Emerald and Macmillan. Between 2013 and 2018, he authored three highly-acclaimed books 'Soulful Corporations', 'Win-Win Corporations' and 'The Tata Group', published by Springer and Penguin Random House. He has been Research/Teaching Faculty for Management Development Programmes by Harvard University, World Bank and Govt. of India; and has been invited to present research insights by institutions in USA, France, Italy, Brazil, Turkey, Malaysia, Japan, Nepal and Mauritius.

A TEDx and Talks at Google Speaker, Dr. Shah has delivered keynote addresses at 250+ platforms including leading academic institutions like IIM Ahmedabad, IIT Bombay, ISB Hyderabad, MDI Gurgaon, BITS Pilani, SPJain Mumbai; industry bodies like CII, Delhi and Madras Management Associations, National HRD Network, NASSCOM Foundation, and Young Presidents' Organization; and corporations like the Tata Group, L&T and others. In 2021, Dr. Shah has been ranked among ‘The Top 200 Most Influential Global Thought Leaders’ by peopleHum.
Bheru Choudhary
Independent Director
IRM India Affiliate
Senior Partner
IC Universal Legal
He is a graduate in Commerce and received his Bachelor’s degree in Law in 1990 and qualified as a Solicitor (stood first in the exam) from the Bombay Incorporated Law Society in 1992. Thereafter, he qualified as a Solicitor from the Law Society of England & Wales in 1994 to practice law in the Supreme Court of England & Wales and Supreme Court of Hong Kong.

His expertise lies in real estate (including Slum Redevelopment Project), Media and Entertainment, Corporate and Commercial laws, Litigation, and Arbitration. He advises several film producers and distributors on issues arising in the entertainment industry as also leading film celebrities in India on diverse contractual documentation and agreements and advising on issues such as defamation. He advises project developers on raising funds from reputed financial institutions and banks including by way of undertaking projects in joint ventures.
Dr. Rabi N. Mishra Ph.D
Senior External Advisor
IRM India Affiliate
Director, College of Supervisors / Former Executive Director, (Supervision & SupTech), Reserve Bank of India.
Harvard Fellow in Economics.
Author of the Book "Systematic Risk & Macroprudential Regulations - The Global Financial Crisis & Thereafter"
A central banker for more than three decades and a half, Dr. Rabi N. Mishra was the Executive Director at RBI, INDIA’s Central bank. In this capacity, he was looking after the areas of Supervision (and SupTech) of Commercial Banks, Urban Cooperative Banks & Non- Banking Financial Companies in India. He had earlier held the positions of the Head of Risk Monitoring, Financial Stability, and the Central Training Institute of RBI. He was also the Administrative Head of RBI in the provincial states of Uttar Pradesh, Uttarakhand, and Jharkhand.

He is currently the Director of “College of Supervisors” a new capacity-building institution established by the Reserve Bank of India for the personnel in the Supervision, Regulation, and Financial Stability space in India and other jurisdictions. The aim of this institution is to create capable functionaries who can help reduce the probability of distress in the financial systems.

He has worked as a member on the Boards of two Commercial Banks in India and a few Committees of the Financial Stability Board. He had the opportunities to work closely with the IMF and the BIS too. He had helped set up of the Macro-Financial Surveillance Architecture for India as well as Oman. He has a Ph.D. in Economics and had a stint as a Post-Doctoral research fellow at the Economics Department of Harvard University. His professional expertise hinges on Macroeconomic Policy issues, Regulation/Supervision, Financial Crisis Resolution, Macro-Financial Surveillance, Risk Management, and Executive Learning Management.
Kosha Parekh, IRMCert
Head of Academics & Operations
IRM India Affiliate
Kosha is the Head of Academics & Operations at the IRM India Affiliate. She has completed IRM's Level 1 Examination and Level 2 Qualification in Enterprise Risk Management. Prior to this she completed her law degree from Government Law College, Mumbai, the oldest law school in Asia, is an Advocate registered with the Bar Council of India, and has practised in the field of Real Estate law at IC Universal Legal for about 5 years.

Her expertise lies in maintaining overall governance on academics and operations, developing new academic programmes, automating processes, conducting research, developing case studies and supporting organisations with their talent needs.

During her career, Kosha also assisted a Senior Professor in preparation and revision of three core law textbooks, used by students across India for law study preparation. Kosha has also completed all 8 grades of the Trinity School of London’s Speech and Drama examination.
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).
Santosh Kumar, SIRM
National Leader
Deloitte India for Strategy & Brand Risk and Sustainability Services.
He is a Governance, Risk and Controls Advisory professional with over 27 years of experience in Corporate Governance, Enterprise Risk Management, Process Transformation and NextGen Controls. Santosh has extensive experience in leading assignments relating to Development and Roll-out of ERM Frameworks; Review, Reassessments and Refresh of ERM Frameworks; Risk Culture Assessments and Crisis Management. His expertise spans industry verticals ranging from E-commerce, Technology, Consumer, Hospitality and Life-Sciences to Government and Public Sector. He has worked extensively with boards and senior leadership teams in multinational corporations and advised them on Governance & Regulatory framework, its implementation and related change management.

Santosh is an active speaker at various Risk Management forums in the country. He was member of the empowered committee of the Institute of Chartered Accountants and played a role in framing the standards for Internal Audit in India. Santosh has also contributed to the
technical guide for audit of internal controls in India as per the Indian Companies Act 2013 requirements issued by the Institute of Chartered Accountants of India. He is also a regular speaker at industry associations and other professional fora on matters related Corporate Governance and Risk Management.
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.
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.
Rajeev Tanna
Head - Risk Management and Internal Compliance
Tata Consulting Engineers Limited
Anita Punwani
Fellow of the Institute of Risk Management (CFIRM) and Independent Risk Professional
Paul Sobel
COSO - Committee of Sponsoring Organisations (USA)
Michele Wucker
Gray Rhino & Company (Chicago)
Mehul Shah
Managing Director
Encube Ethicals Private Limited
Dhanpal Jhaveri
Everstone Capital Group
Shailesh Haribhakti
Shailesh Haribhakti & Associates
Prabha Thomas
VP & Chief Risk and Compliance Officer
Tata Consultancy Services (TCS)
Ashutosh Mishra
Chief Risk Manager
NABARD (Ministry of Finance, Government of India)
Dinesh Kanabar
Dhruva Advisors
Richard Lukacs
Specialist - Global Risks and Geopolitical Agenda at the World Economic Forum (WEF)
Norman D. Marks
Author, Speaker, Thought Leader OCEG Fellow, Honorary Fellow of the Institute of Risk Management
Kavita Bhatia
Chief Compliance Officer, India
Geethy Panicker
Head of Enterprise Risk
The Hongkong and Shanghai Banking Corporation Limited (HSBC), Singapore
V. Swaminathan
Head of Corporate Audit & Assurance
Godrej Industries Limited
Jyoti Ruparel
Enterprise Risk Leader
S Y Raman
Vice President – Internal Audit
The Indian Hotels Company 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
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
Prabir Jha
Prabir Jha People Advisory
Rui Bastos
EMEA Risk Head
Ernst & Young
KBS Manian
Group Chief Risk Officer & Head of IA
Apollo Hospitals Enterprise Ltd.
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)
Rahul Parekh
Agri-Tech and Real Estate Investor
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
Dr. Jenny Benoy
Academic Researcher - International Business
Apurv Suri
SC Ventures, Business Ventures
Standard Chartered Ventures (Singapore)
Shayamal Vallabhji
Motivational Speaker
Riccardo Lovo
Management Consultant
President & Co-Founder - Impact Consulting London Hub
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
Della Group
Shikha Singh
Assistant Career Counsellor for Senior School
The Cathedral and John Connon School
Arjun Ahuja
Director, Flemingo International BVI
Co-CEO, Cococart
Rushva Parihar
Sustainability Coach & SDG Expert
Curator - Global Shapers Mumbai Hub - World Economic Forum
Tej Parikh
Economist and Writer