IRM Inks MoU With Reliance Jio To Bolster Risk Management In Telecom

CIOTechOutlook Team | Monday, 08 May 2023, 08:51 IST

  • No Image
By signing a memorandum of understanding (MoU) with Reliance Jio Infocomm, the Institute of Risk Management India (IRM) India Affiliate engaged into a knowledge relationship to foster resilience and advance the necessity and significance of enterprise risk management (ERM) in the telecom sector.
 
Reliance Jio is an Indian telecoms firm and a subsidiary of Jio Platforms that maintains a national LTE network with coverage across all 22 telecom circles. IRM is the world's top professional body for ERM certifications spanning more than 140 countries according to sources.
 
Reliance Jio has been dominating the market with a variety of goods and services.
 
Both IRM India Affiliate and Reliance Jio will organise webinars, roundtables, industry gatherings, and provide thought leadership pieces as a part of this knowledge relationship to help the sector learn more and improve its ERM and risk intelligence.
 
Reliance Jio's head of risk management, Sachin Mutha, expressed excitement about the company's partnership with the top professional organisation for ERM certifications and training in the world.
 
"Our risk management process and practices are on par with international standards and together with IRM, we are excited to drive global thought leadership."
 
Reliance Jio's Chief Financial Officer, Rajneesh Jain, claimed that the business has established a strong risk culture that encourages risk-based decision-making across all organisational departments.
 
"Our association with IRM is timely and we hope to set a global benchmark and drive best practices in enterprise risk management."
 
The partnership is a key component of IRM India Affiliate's vision to create a strong ecosystem of risk-aware businesses across all industries in order to create a resilient and independent India.
 
An organization-wide strategy known as enterprise risk management (ERM) is used to recognise and get ready for risks that could affect a company's finances, operations, and goals.
🍪 Do you like cookies?

We use cookies to ensure you get the best experience on our website. Read more...