Home Training and Careers IRM unveils licensed Fundamentals of Risk Management training provider in Myanmar

IRM unveils licensed Fundamentals of Risk Management training provider in Myanmar

by Brian Sims

The Myanmar Institute of Governance and Management (MIGM) operated by the Myanmar Education Development Co Ltd (MIGM-MED) has been accredited as a licensed Fundamentals of Risk Management (FoRM) training provider by the Institute of Risk Management (IRM) and will be operating in Myanmar from April.

The FoRM course is well respected and attracts delegates from a wide variety of organisations from all over the world. FoRM gives students an introduction to the principles and practices of enterprise risk management and can be applied to anyone from any sector globally. It’s also a great introduction to the International Certificate in Enterprise Risk Management.

Risk management involves understanding, analysing and addressing risk to make sure organisations achieve their objectives. As risk is inherent in everything we do, the type of roles undertaken by risk professionals are incredibly diverse. They include roles in insurance, business continuity, Health and Safety, corporate governance, engineering, planning and financial services. For its part, FoRM is applicable to any business in any sector.

On completion of this course, delegates will have a solid understanding of how effective risk management can benefit an organisation. It’s suitable for anyone (notably operational and support managers) who needs to understand risk management and the role it plays in their area of business and those such as senior executives who must be cognisant of how risk affects strategy and decision-making processes.

Dr Tin Latt: principal of MIGM-MED

Dr Tin Latt: principal of MIGM-MED

Sanjay Himatsingani, director of training at the IRM, said: “We’re very pleased to be working with MIGM-MED to deliver FoRM in Myanmar. There has been a big demand for this in the region and we’re delighted to be able to offer the course across new territories by way of a local quality training provider.”

Dr Tin Latt, principal of MIGM-MED, responded: “Governance, compliance and risk becomes a crucial role that organisations have to play in their process of leadership and management. Myanmar, which is an emerging and growing market in the South East Asia region, needs talented professionals who have appropriate capabilities when it comes to managing risk with sufficient capacity. We plan to deliver various kinds of risk management training in Myanmar starting from April this year. We firmly believe that the strategic partnership between the IRM and MIGM will close a gap by realising competent risk professionals for the Myanmar business community.”

*Further details of the courses being run in South East Asia can be found here: https://www.theirm.org/training/fundamentals-of-risk-management-(form)/upcoming-form-courses-from-our-approved-training-providers.aspx

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