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The 2023 GPRC Summit will bring together government, risk, compliance, audit and environmental, social and governance (ESG) professionals from a wide range of industries.
They will discuss governance, risk and compliance (GRC)-related challenges facing today’s top organizations, digital transformation, business integration GRC, strategy execution, aiming to enable organizations to achieve stronger performance and alignment across mission-critical priorities Key themes such as sexual solutions, and others.
Hosted by Corporate, a global software company offering integrated GPRC solutions on a single platform, the summit will be held in Riyadh, Saudi Arabia on January 23 and in Dubai, UAE on January 25, 2023, with the support of the UAE Cyber Security Council and UAE Federation of Banks.
effective governance
Commenting on the need for an effective governance system, Ali Almuwaijei, Vice President, Governance, Compliance and Agility, Dubai Electricity and Water Authority (Dewa), said: “Effective governance is key to navigating complexity in a changing and dynamic world. It ensures Stability, security and prosperity for individuals and companies. We at Dewa are committed to the vision of wise leadership and government, and strive to continually improve our practices in response to rapid development and change.”
He added: “I’m curious to see what’s next; our world is changing rapidly and we need to be agile and equipped with the right toolkit to face opportunity and uncertainty.”
Marc Haberland, CEO and Founder of Clariba SEIDOR, a leading technology consultancy, commented: “Organizations must constantly revisit their operating models to ensure continued profitability and achieve agility through internal investments for integrated risk and performance management, as Part of its digital transformation journey.” Provides data-driven digital transformation solutions.
digital business
Meanwhile, Hassan Al Amri, General Manager, Risk Management and BCM, KSA Mobily, said: “The evolution of digital business and the need for organizations to apply digital transformation has changed the risk landscape.”
“Through the GPRC 2023 Summit, we will deliberate and highlight the key challenges that organizations typically face during digital transformation and how risk management can play an effective role in addressing these risks. Through panel discussions, we will share how organizations assess their digital transformation maturity, and which key risk management principles should be considered to support the success of digital transformation. In addition, we will share the best insights that risk management experts should adopt to transform the risk management framework to be more adaptive and future-proof. Customer centricity,” he added.
A recent IBM study revealed that more than 62% of organizations believe that the shift to digital has created gaps in their GRC processes, with key challenges around security, privacy and data protection. Meanwhile, according to Risk.net, the top 10 global operating risks will collectively lose $15 billion in 2021, with much of that loss coming from institutional financing.
According to Gartner, spending on information security and risk management products and services is expected to exceed $188.3 billion by 2023. The summit will analyze key topics such as governance, risk and compliance related to performance and strategy in the digital age, and provide information on the theme of “The Future of Effective Governance” – trade arab news agency
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