Iain Wright announced as next chairman at Institute of Risk Management

Iain Wright CMIRM

Iain Wright CMIRM

Iain Wright CMIRM, chief risk officer for Europe at Great-West Lifeco Inc, has been announced as the incoming chair of the Institute of Risk Management (IRM). Wright has served as deputy chair since May 2018 and as chair of the Audit and Risk Committee since December 2016.

Wright takes over from former chair Socrates Coudounaris CFIRM, executive director for enterprise risk management at the Reinsurance Group of America.

Commenting on the appointment, Wright observed: “I’m in the fortunate position of being able to build on the good work done by the CEO and the immediately preceding chairs in stabilising the Institute’s financial position, building a strong Board and starting the next phase of our growth. We’re now in a position where we can capitalise on that financial strength to drive towards fulfilling the Institute’s vision.”

Four priorities outlined

Wright has been swift to outline four priorities for his period as chair of the organisation:

*A focus on the heart of the Institute – in particular, qualifications, training and thought leadership in a bid to really fulfil the organisation’s role as the pre-eminent global risk management body

*Integration of the Institute of Operational Risk, which joined the IRM Group this year

*Having received members’ approval to change the Articles at the 2018 AGM, exploring whether or not now is the right time to move to a “professional” chair

*Leading the Board in exploring whether it’s right for the IRM to move towards charitable status, which would naturally involve approval from the membership

Socrates Coudounaris CFIRM

Socrates Coudounaris CFIRM

Qualifications and training

Wright continued: “The Institute is at an exciting time in its history. We can look forward and really make our mark. We will be making a determined effort to increase the diversity and content of our product portfolio in both qualifications and training. I’m particularly keen to see the Institute continue to operate in global markets and expand internationally. I aim to lead the Board with vigour and commitment through this next stage of our development. During Socrates’ term in office we’ve gone from strength-to-strength and I’m looking forward to continuing his good work and playing a key part in professionalising risk management on the global stage.”

In response, Socrates Coudounaris said: “It has been a pleasure and a great privilege to serve the IRM over the past few years. I would like to take this opportunity to personally thank everyone who has put in the hard work and determination to take the IRM into its current position of strength. The IRM Group is now looking at a bright future and has the strategy, products, people and proposition to achieve its plans in the very capable hands of Iain Wright. As an IRM member, I look forward to celebrating the organisation’s future successes.”

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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