PRMIA Launches Chennai, India Chapter

PRMIA launched its Chennai chapter with an inaugural conference at Image Hall No. 2, Indian Bank, MRC Nagar, Chennai on June 21, 2019. The theme of the inaugural conference was Digitalization of Indian Economy: Opportunities and Threats.
On the auspicious International Yoga Day, the PRMIA chapter commenced with a traditional lamp- lighting.  Several reputed thought leaders and experts from diversified industry graced the event.
Inaugurating the event, Ken Radigan, CEO, PRMIA said, "Initially established in the United States in 2002, PRMIA now operates in 48 cities and is well recognized for competency-focused training, professional certifications, and global networking. India is a top destination for PRMIA given the huge interest of Indian professionals for PRMIA credentials."
According to Dr Nirakar Pradhan, PRMIA Director and APAC Representative for Asia Pacific, the launch of PRMIA's 2nd Chapter in Chennai, a few months after the Mumbai Chapter, will go a long way in addressing the huge demand from Indian finance professionals for risk management education, training and certifications.  
The evening was marked by several experts from diversified industry coming together and sharing unique insights among the audience. It was a pleasure listening to Padmashree Dr Rabi Narayan Bastia's personal experiences and anecdotes on risks that are prevalent in the energy sector, especially his ability to draw parallels between life-threatening risks from global warming, water shortage, and increasing environmental pollution to financial risks were commendable.
The presentation by Mr Sriram Kannan demystified the understanding of blockchain and highlighted how financial services industry could derive business benefits by implementing blockchain. Mr Udaya Bhaskara Reddy, Chief Risk Officer & GM, Indian Bank, threw lights on the threats, challenges, and opportunities facing Indian banks as they 'go digital'. An enlightened panel joined by Mrs Bhagylaxmi Patnaik, Mr. T. L. Arunachalam, Whole Time Director & President, Bharat Re-Ins. Pvt. Ltd Mr Subramanian from TCS answered a variety of questions and shared their perspective on various risks engaging banking and financial industry today.  
The event, sponsored by Indian Bank and organized by PRMIA volunteers received huge interest and participation from a wide range of industry players comprised of senior bankers, corporate leaders, risk professionals, risk consultants, audit firms, business media, academicians, students, technology solution providers, and industry watchers. 
Thanking all for the interest and support for the event, Mr S. K Choudhury, Regional Director, Chennai Chapter, announced the continuing of  similar events in the future also as it provides an excellent platform for a wide range of stakeholders to share ideas and best practices, besides participating  in PRMIA globally recognized education, training and networking opportunities.

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