Chandigarh: In a big step in the direction of strengthening India’s resilience and world competitiveness, the Institute of Threat Administration (IRM) India Affiliate has established its third World Centre for Enterprise Threat Administration (ERM) at Chitkara College, Punjab. This improvement marks a key milestone for North India, positioning the area as an rising hub for enterprise danger training, analysis, and thought management.
The Centre was formally inaugurated by Mr. Rajeev Tanna, CFIRM & Chairman of IRM India Regional Group with Mr. Sandip Datta, Ex-Chief Threat Officer, ITC Restricted gracing the event, alongside Dr. Ashok Okay Chitkara, Chancellor, Chitkara College, Dr. Sandhir Sharma, Vice Chancellor, Chitkara College and Mr. Hersh Shah, CEO, IRM India Affiliate, and different distinguished leaders from academia, {industry}, and governance. The inauguration ceremony mirrored a shared
dedication to constructing future-ready establishments that combine world frameworks with India’s evolving danger panorama.
Mr. Shailesh Haribhakti, Governance Board Member, IRM India Affiliate, additionally joined the inauguration nearly, sharing his views on the rising significance of governance, resilience, and enterprise danger administration in at this time’s dynamic setting.
Punjab, lengthy recognised for its entrepreneurial power, management ethos, and world outlook, supplies a compelling backdrop for such an initiative. The institution of this Centre aligns with the state’s legacy of enterprise and its rising position in shaping trendy training and innovation ecosystems. By bringing world requirements of enterprise danger administration into the educational setting, the initiative seeks to equip college students and professionals with the flexibility to navigate complexity, uncertainty, and fast change.
The World Centre for ERM at Chitkara College is envisioned as greater than a bodily facility. It represents a dynamic ecosystem designed to foster danger intelligence as a core management functionality. By way of entry to IRM’s globally recognised ERM {qualifications}, tutorial sources, and industry-led insights, the Centre will allow learners to develop a structured understanding of danger throughout domains equivalent to finance, know-how, operations, governance, and sustainability.
As world economies proceed to face interconnected challenges starting from geopolitical shifts and cyber threats to local weather dangers and monetary volatility, the significance of enterprise danger administration has develop into extra pronounced than ever. The Centre goals to bridge the hole between principle and follow by creating alternatives for analysis, dialogue, and collaboration between academia and {industry}, thereby nurturing a brand new era of pros who can anticipate, assess, and reply to advanced dangers.
The initiative additionally reinforces IRM India Affiliate’s broader imaginative and prescient of constructing a risk-intelligent and resilient India. With a presence throughout 140+ international locations, IRM brings a legacy of over 4 a long time in advancing enterprise danger administration globally. Its collaboration with Chitkara College displays a strategic effort to embed these world requirements inside India’s increased training ecosystem, guaranteeing that college students are geared up with internationally related expertise and views.
Dr. Ashok Okay Chitkara, Chancellor, Chitkara College, acknowledged, “Threat administration has develop into more and more necessary as organisations navigate a posh and unsure world setting. At Chitkara College, we consider that danger consciousness and strategic decision-making are important competencies for future enterprise leaders and this Centre of Excellence will play an necessary position in nurturing these capabilities.”
Mr. Hersh Shah, CEO, IRM India Affiliate, added, “Threat intelligence is now a management crucial. The launch of the World Centre for Enterprise Threat Administration at Chitkara College is a big step in the direction of embedding globally benchmarked ERM training in India. By way of this Centre, we goal to equip college students and professionals with the abilities and mindset to navigate uncertainty, make knowledgeable selections, and contribute to constructing a extra resilient and future-ready economic system.”
Mr. Rajeev Tanna, CFIRM and Chairman of IRM India Regional Group, remarked, “As organisations navigate an more and more advanced danger panorama, Threat Intelligence and Threat Resilience have develop into important for management and sustainable development. This Centre at Chitkara College will strengthen danger training, {industry} collaboration, and knowledge-sharing, whereas equipping college students and professionals with globally related ERM practices and decision-making instruments.”
Strategically positioned in Punjab, the Centre is predicted to play a pivotal position in strengthening regional capability for danger training {and professional} improvement. It should contribute to industry-academia engagement, encourage risk-aware entrepreneurship, and assist policy-oriented pondering in areas of governance and resilience. The initiative can also be aligned with India’s broader aspirations of changing into a globally aggressive, innovation-driven economic system.
As India navigates an more and more advanced and unsure world, the launch of the World Centre for Enterprise Threat Administration at Chitkara College underscores the rising recognition of danger intelligence as a important talent for the long run. Anchored in Punjab’s spirit of ambition and progress, this initiative is about to create an enduring influence by growing leaders who can drive sustainable development, knowledgeable decision-making, and long-term resilience.
