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HRDA Vital Importance: Navigating the New Risk Landscape: An Innovative Approach to Strategic Risk Management

HRDA Vital Importance: Navigating the New Risk Landscape: An Innovative Approach to Strategic Risk Management

Highlights

  • In-person

  • 18 CPD Units | 18 Hours

The programme is approved by the Cyprus Human Resource Development Authority (HRDA) as a Vital Importance training programme. HRDA Vital Importance programme fees are fully subsidised by the HRDA for up to three (3) eligible participants per business entity.

Course Overview

This 18-hour programme - comprising 14 hours of classroom training and 4 hours of inhouse training - aims to equip senior professionals with advanced knowledge and skills to transform risk management practices into a proactive, technology-driven approach that will enable them to identify, assess, and mitigate risks, enhance organisational resilience, and drive sustainable growth.

In today's rapidly evolving business environment, where organisations face a complex and ever-changing risk landscape, this has become critical. Traditional risk management approaches, relying solely on reactive measures, are no longer sufficient to protect businesses from emerging threats.

By participating in this training programme, senior executives will gain the insights and skills needed to position their organisations at the forefront of risk management practices, ensuring long-term success and resilience in the face of increasing uncertainty and complexity.

Who Should Attend

The programme is ideal for:

  • CEOs, CFOs, COOs, and CROs (Chief Risk Officers)

  • CTOs and CIOs interested in leveraging technology for risk management

  • Directors and heads of risk management departments

  • Senior managers responsible for strategic planning and decision-making

  • Heads and Managers of Risk, Compliance and Internal Audit

  • Decision makers

Training Style

The programme is interactive in nature and participants will be actively involved, using their own experiences and challenges to reinforce and adapt the new knowledge and skills to their own reality, as well as examples, case studies, tools and simulations.

The use of assessments, tools and reflective exercises will also allow participants to increase their awareness and provide opportunity for reflection and discussion.

The training sessions will combine elements of PowerPoint presentations, open discussions, case studies, audio/visual material and experiential exercises/tools.

In-house Training /Advisory Session

Upon completing the 14-hour in-class training programme, participants will engage in a tailored 4-hour in-house session offering focused guidance, advice, and training to address the specific needs and challenges of both the participants and their organisation. They will have the opportunity to apply the innovative risk management concepts learned in the classroom to their specific organisational context.

The session will be practical and hands-on during which participants will be able to create a customised action plan for implementing innovative risk management practices, addressing their organisation's specific challenges and leveraging emerging technologies to enhance risk prediction and mitigation strategies. They will work collaboratively to develop a tailored risk management framework, focusing on their company's unique risk landscape. Participants will use advanced tools and techniques, to identify and assess key risks.

Finally, after the completion of the in-house session, the trainer will prepare a report outlining the approach followed, the topics examined, key findings, and tailored recommendations for the organisation.

CPD Recognition

This programme may be approved for up to 18 CPD units in Risk. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies with which you hold membership.

The course has been approved and verified by the Cyprus Bar Association (CyBAR). The Summary of CyBAR's Updated CPD Guidelines Based on the Operational Framework of the Cyprus Bar Association (CBA) Academy can be found here.

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Facilitators

  • Marios Mortis

    Marios Mortis

    Marios Mortis holds a Bachelor's degree in Business Administration with a focus on Accounting, as well as a Master's degree in Banking and Finance. He is a qualified member of the Association of Certified Chartered Accountants (ACCA). Marios has accumulated valuable experience working in various positions and companies within Cyprus's accounting, audit, advisory, assurance, and banking sectors. In the past seven years, Marios has embarked on a new and fulfilling career path in the field of education, which he finds both challenging and fascinating. He served as a Visitor Academic at a local university in Cyprus, where he taught several courses, including corporate governance and business ethics, corporate finance, corporate risk management, and audit and assurance. Currently, Marios holds the position of Trainer and Accountancy Programmes Leader at EIMF (European Institute of Management and Finance). In this role, he oversees the management of both professional and academic accounting and finance programmes. Marios has successfully designed and delivered professional training courses covering topics such as corporate reporting, tax, AML (Anti-Money Laundering), funds, forensic accounting, financial analysis, auditing, and financial workshops. Furthermore, Marios is entrusted with leading the Department of Accounting & Finance within EIMF's Academic School. He actively engages in research within the domains of finance and accounting, contributing to both academic and professional endeavors in these fields.