National Bank of Pakistan (NBP) organised a two day in house training session on 'Enterprise Risk Management' for senior executives of various groups. "Enabling a risk management culture is critically vital, and SBP regulations make it necessary for banks to strengthen its risk mitigation processes", said the renowned international consultant Horst Simon, the trainer of the session.
President of NBP, Qamar Hussain, appreciated host Simon for articulating his expertise to the senior management. Qamar Hussain shared his views regarding the linkage of bank profitability and risk management at each level. He welcomed Horst for his future visits to Pakistan and conducting dedicated sessions for the top brass of the bank.
The training was followed by a one-hour meeting of Horst Simon with the senior management of the National Bank of Pakistan. A synergy was developed between the senior management that every person in the bank has to be a risk manager rather than focusing only on the risk management function to implement this process throughout the bank.-PR