Malaysian conference to focus on BCM’s role in securing business and societal success

The chairman of the Malaysian Association of Risk and Insurance Management (MARIM) believes it is time to raise awareness of how risk management and business continuity management can lessen the effects of disruptive incidents on Malaysian businesses and society.

Mohamad Bin Mohd Zain said MARIM’s upcoming ‘Securing the Future through Risk and Resilience Management’ conference, to be held in Melaka next week, will go some way to achieving his aim. “This is the second year that MARIM will align risk management with business continuity management as we are trying our level best to streamline both proactive and reactive risk management for business,” he told SR. “The conference will also try to open up the gaps between ISO31000 risk management and ISO22301 BCM to see where both standards can be harmonised as our future standard rationalisation, enhancing operational risk management to cover contingency planning and disaster recovery elements.”

Mr Mohamad, who is vice president of Group Business Assurance at Telekom Malaysia Berhad, added that he thought the Malaysian government was starting to embrace risk management as a way of reducing wastage in governmental spending. He said that the keynote address by the chief minister of Melaka, Idris Haron, would focus on this issue.

Other highlights of the conference will include a BCM simulation activity, as well as plenary papers on issues such as the risks and challenges faced by businesses operating in Asia and international BCM practices that can be applied in an Asian context.

Parallel sessions run along ‘Insurance’, ‘BCM’ and ‘Risk & Governance’ lines will include ‘Managing Risk in an Unstable Financial Environment’, ‘Integrating Social Media to Your BCM Programme’, and ‘How Continuity Capability is Undermined by the Way We Work’.

The conference will end with a panel discussion about securing the future through risk and resilience management.

For the full conference program and a list of speakers, go to www.marim.org