PRMIA Announces 2023 Risk Management Challenge International Finalists
Congratulations to the
PRMIA Risk Management Challenge regional winners who will advance to the international finals on April 19, 2023. The 10 finalist teams will compete in two streams of judging sessions. The top team from each stream will compete against each other during the afternoon session for the international championship.
Thirty-six teams representing a total of 136 students competed in this year's Challenge. Eight PRMIA chapters hosted regional round events worldwide to narrow down the field to 10 finalist teams.
This year the students analyzed a case study that addressed a risk scenario involving a Citibank human error that allowed creditors of Revlon to be wired an interest payment of $900 million, instead of $7.8 million. After requesting a return of the funds, 10 lenders kept the payment arguing that it was due them. Citibank lost $500 million due to this error.
Finalist Teams
Egypt Chapter
University: The Arab Academy
Team Unbeatable Pharaohs
Members:
Sherif Galal
Islam Elhadidy
Nourhan Tawfik
Dina Nashaat
Budapest Chapter
University: Corvinus University of Budapest
Team Nero
Members:
Soma Nagy
New York Chapter
University: Columbia University
Team Upper West Side
Members:
Zhuoyi Yu
Zhicheng Zhang
Xinyi Cai
Tumenkhuslen Batdelger
New York Chapter
University: Columbia University
Team Azure
Members:
Marchy Ren
Yujia Zhao
Yiding Lyu
New York Chapter
University: Columbia University
Team Sphinx
Members:
Peike Wu
Melody Ye
Jiaqi Liu
Yi Mei
|
Toronto Chapter
University: Rotman School of Management
Team 4th Dimension
Members:
Zihao Gong
Catherine Lu
Greg Mackasey
Tina Huang
Toronto Chapter
University: Rotman School of Management
Team Alea
Members:
Haoyu Lin
Yifan Zheng
Ru Xi Li
Lucy Sun
Toronto Chapter
University: Rotman School of Management
Team Risolver
Members:
Yuu Zheng
Shenghao Cong
Albert Xie
Shuaihua Chen
London Chapter
University: Brunel University
Team The Big 3
Members:
Samboth Noung
Bharat Kumar Kandregula
Montreal Chapter
University: McMaster University
Team M- Phimac-GO
Members:
Anyi Fu
Siwen Chen
Yuxiang Kang
Zongbai Huang |
We would like to recognize and thank our global sponsor, MathWorks, for its support of the 2023 Challenge. PRMIA is also grateful to our Toronto regional sponsor RBC as well as our Pan-Canada sponsor the University of Toronto's Rotman School of Management.