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Seminar on Risk Management held at XLRI

The inaugural address was given by the guest of honour Mr Chandra Wadhwa, President ICWAI and Dr AK Sarkar, Director (Finance) CCL, Chief Guest for the seminar delivered the keynote address.

Dr D Ravishankar, Ex. Director, Investment & Risk Management-CRISIL, discussed about risks faced in Banking Industry, Basel II and the risk management architecture & framework. Mr CES Azariah, CEO-FIMMDA explained the Interest and Foreign Exchange Risks, ten year G-Sec yield movements and the change in the behavior of banks with the change in interest rate trends. Mr Robin Roy, Associate Director, PriceWaterhouse Coopers, in his session on ‘Enterprise Wide Risk Management’ discussed about enterprise risk systems and their relevance in today’s global economy.

In a discussion on Mergers and acquisitions (M&A;), the panelists discussed on how corporate restructuring strategies are an important aspect of the corporate finance world and can dictate the fortunes of the companies involved for years to come. As industry structure moves towards more consolidation it becomes imperative for upcoming managers in India to understand the process of due deliberation and its importance in working out a deal.