Governance Structure of GRMI
The Board of Directors are responsible for assessing the overall direction and strategy of GRMI (Global Risk Management Institute) towards achieving its mission and implementing its goals. It monitors and controls the functioning of faculty and staff members, with an aim of driving continual improvement in teamwork, professionalism and competency development.
The primary objective of the board is to provide directional and strategic inputs to ensure that we build a world-class risk management institute and continue to evolve, in order to retain the edge of being a pioneering institute for students in domain of Risk. GRMI’s Strategy Board includes eminent business leaders from the industry and top consulting firms.
The composition of the Global Advisory Board has been done with an objective of providing a global hue to GRMI from its very inception stage. We recognize that these are leaders geographically dispersed and hence would be constrained in participating as actively and in person as the Board of Directors and Strategy Board members but each member of our GAB brings to GRM Institute a very distinct set of values that ensures the programme, its curriculum and management are kept live to how the word of risk paradigm is evolving in the global landscape.
Some of the GAB members are also those who are unable at the current point in time to devote enough time to be actively engaged in either of the other Boards but are deep-seated well-wishers of Global Risk Management Institute and are emotionally vested in GRM Institute to make available whatever time they can for GRMI and thereby try and meaningfully contribute to building GRMI as an aspirational Institute in the Risk domain.
While GAB is essentially an advisory council one of the key objectives is to continuously explore avenues to improve the program and make it global. GRMI’s Global Advisory Board includes eminent business leaders from the industry, past audit heads from the industry and consulting firms as well as some past Directors of premiere educational institutes.
The Academic Council is one of the principal drivers of excellence through its direct involvement in all knowledge related aspect of the Institute: course curriculum development, ongoing case study development and enhancement, knowledge body association decisions, decisions on introducing new curriculum. Composed of a variety of successful professionals, such as, tenured professors in leading Universities, policy-makers, researchers, theoreticians, and consultants, the council combines the very highest standards of teaching, corporate realism and mentoring.
GRMI’s Academic council members are active and regular participants in international conferences and events. Members of the Council have been pioneers and key leaders in building some of the better institutions of learning in the country. They contribute to international journals and collaborate with a broad range of agencies to develop and execute consultancy projects.
They serve on executive committees and policy formulation boards of a variety of organizations including corporations, financial institutions, academic institutions and international agencies. Such active involvement of the members in a wide range of activities generates precious cross-fertilization and keeps the academic programs up-to-date.
As a specialized risk management institute, we recognize the need for a multi-disciplinary approach in the ever-evolving arena of Risk Management in order to work together with other centres of risk expertise around the world. We actively work with industry experts to develop new educational programs, leadership in thought.
