The Al Habtoor Group recently hosted a successful risk management workshop at the Habtoor Grand Beach Resort and Spa. The all-day event was coordinated by R. Venkataraman, Director Corporate Governance and Risk Management, Al Habtoor Group under the direction of Khalaf Ahmad Al Habtoor, Chairman of the Group.
Khalaf Ahmad Al Habtoor said, “I am very proud that the Al Habtoor Group is ensuring good risk management practices and implementing international standards. I would like to encourage all family businesses in the United Arab Emirates to adopt such practices to mitigate risks while working towards the growth plan of our government.”
R. Venkataraman said, “Risk Management is a top priority for the Chairman, Mr Khalaf Ahmad Al Habtoor. We want to make sure that all our units have a disaster recovery plan to ensure business continuity. These workshops help to improve the quality of preparedness and bring out various facets of risks and enable the teams to respond quicker and better to meet the demands in the business.”
Guest speakers included several high profile names in the risk management arena including Jan Bladen, the former Chief Operating Officer, Dubai Financial Services Authority. Bladen, a well-known speaker on risk management in the region, told the group of 100 attendees, “It’s a simple fact that good corporate governance directly impacts corporate performance and drives shareholder value. The Middle East region now represents a huge opportunity for creating substantial shareholder value via the implementation of regionally adapted corporate governance practices.”