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Past Programmes

4 CPD points

Becoming a Future-Focused Risk Management Committee

Kasturi Nathan, George Titus & Phang Oy Cheng

RM 1,080.00 (ICDM MEMBER)
RM 1,200.00 (STANDARD)
PER PERSON (exclusive of 8% SST)

The pandemic has focused minds. COVID-19 is not only a major risk event in itself – it is also an accelerator of risks that were already omnipresent: cybersecurity attackssupply chain disruptiongeopolitical tension and other external threats. Illustrating this, the EY Global Board Risk Survey 2021 shows that 83% of board members believe market disruptions have become increasingly impactful and 87% believe they have become increasingly frequent. But despite the criticality of risk management, many board members lack confidence in their organization’s capabilities. For example, just 18% believe that their organization’s disaster response and contingency planning is highly effective, and only 13% believe that their organization is highly effective at embedding risk and compliance activities (ICDMPulse, March 2022)

This programme aims to keep directors attuned to megatrends that may impact the outworking and discharge of responsibilities by risk committees. Such trends include interconnected global risks, culture-centric corporate governance, cybersecurity and the Environmental, Social and Governance agenda. Participants can translate the key trends identified and shape priorities that would allow them to take actionable measures in managing multifaceted risks within their respective organisations.

Virtual Classroom Format
icon ifl 01 Interactive Facilitated Learning

Who is this Programme For

Targeted but not limited to New corporate directors to Mid-Level Directors & Risk Management Committee Members

What You’ll Learn

  • Identify contemporary issues and megatrends that are enveloping risk committees
  • Recognise priorities for risk committees in steering forward
  • Develop and Apply actionable measures that can help enhance the outworking and functionalities of risk committees

Panellists

KPMG Kasturi

KASTURI NATHAN
Executive Director and Head of Board Advisory Services, KPMG Management & Risk Consulting Sdn Bhd

Kasturi is a Partner and the Head of Board Advisory Services, KPMG MRC in Malaysia. Kasturi is a Certified Practising Accountant and has been with KPMG MRC for over 21 years, specialising in corporate governance advisory, board advisory services, development of standard operating procedures, compliance agreed upon procedures and sustainability advisory and assurance services. She is also a member of the Integrated Reporting Steering Committee of the Malaysian Institute of Accountants, the tasks of the committee of which are, amongst others, to promote the adoption and continued development of integrated reporting in Malaysia.

KPMG George

GEORGE TITUS
Director of Technology, Risk and Cyber, KPMG Management & Risk Consulting Sdn Bhd

George is a Director in KPMG Malaysia with over 18 years of experience in Enterprise IT infrastructure, client relationship management, and global service delivery experience. He has managed and delivered multi-million-dollar projects worldwide with a specialisation in IT virtualization and cloud

He has served in multiple roles spanning senior technical manager, service delivery, and practice leadership with multi-million-dollar companies. Additionally, he has directly led and managed a diverse, extensive, multi-cultural global team and offshore delivery centres across the globe.

KPMG Phang Oy Cheng

PHANG OY CHENG
Head of Sustainability Advisory Services, KPMG Management & Risk Consulting Sdn Bhd

Oy Cheng has over 30 years of experience in sustainability consulting and has extensive experience in corporate sustainability needs with a keen understanding of sustainability market requirements in Asia Pacific.

She is experienced in developing and improving ESG/sustainability management programs of public listed companies to meet the requirements of international investors and benchmarks, such as the GRI G4, DJSI, FTSE4Good, CDP guidelines, as well as other internationally accepted guidelines.

Oy Cheng has worked across various markets in Asia Pacific, having worked in Australia, Singapore, Thailand, Indonesia, Philippines, Vietnam, China, India, Japan and Brunei.

Programme Outline

Thursday | 1 December 2022

9.00am Introduction and Programme Housekeeping
9.05am Module 1 – Contemporary insights and megatrends on risk committee

  • The role of the risk committee in the “new normal” and reframing risks as “opportunities”
  • Board risk management committee’s 2022-2023 agenda
  • An analysis of the contemporary agenda items that are prevalent amongst the board committees of the top 100 Public Listed Companies in Malaysia by market capitalisation
  • The revised Malaysian Code on Corporate Governance and its impact to the risk committees
9.35am Module 2 – Deep dive into the key trends identified and future priorities for the risk committee

  • Macro risks and the interconnected global risks on businesses
    • Macroeconomic outlook: inflation, recession and global supply chain risks
    • Geopolitics: Russia-Ukraine war, regional instability and global security landscape
  • Increased focus on ethics and compliance
  • The “perfect storm”: Crisis management, business continuity and reputational risks (case studies focus)
  • Overregulation: rise of regulatory risks
  • Governing the risk committee: composition, succession planning, terms of reference and crosscommittee teamwork and skill set mix
10.20am Virtual Break
10.35am Module 3 – Surfing through cybersecurity hygiene practices to reduce risks leading to ransomware attack

  • Basics of ransomware
  • Cybersecurity hygiene practices to reduce the risk / exploits from the ransomware attack
  • How to defend the risks of ransomware infections
11.25am Module 4: Uncovering practical reinforcements to the risk committee: from an Environmental, Social and Governance (“ESG”) vantage point

  • How to integrate ESG into Enterprise Risk Management, strategic planning and operations
  • How to better monitor ESG and climate data
  • How to enhance ESG disclosures (meeting the investors’ and stakeholders’ expectations)
  • How to forge a better assurance programme
12.30pm Summary and Q&A
1.00pm End of Programme

The Organiser reserves the right to alter the content and timing of the programme as it deems fit and is not responsible for cancellations due to unforeseen circumstances.


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