INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
RISK CHAMPIONS WORKSHOP
Theme: Empowering Risk Champions to strengthen organization resilience and governance
27th – 29th May 2026
Eka Hotel, Eldoret
Overview
In today’s dynamic and uncertain business environment, organizations are exposed to a wide range of risks that can affect strategy execution, operational performance, and long-term sustainability. Effective risk management is therefore essential, and Risk Champions play a vital role in embedding a proactive risk culture across the organization. By linking day-to-day operational realities with strategic oversight, Risk Champions strengthen governance, promote accountability, and enhance organizational resilience.
Developing Risk Champions goes beyond basic awareness of risk concepts. It involves equipping individuals with practical skills to identify emerging risks, assess their potential impact, prioritize responses, and implement appropriate mitigation measures. Acting as the first line of defense, Risk Champions monitor risk exposures, coordinate risk information across departments, and ensure alignment with organizational objectives and regulatory requirements. This proactive approach supports informed decision-making, improves transparency, and reinforces stakeholder confidence.
Modern risk environments are increasingly complex and interconnected, organizations must therefore adopt integrated frameworks and technology-enabled solutions, including Governance, Risk, and Compliance (GRC) platforms, to enhance real-time risk tracking, scenario analysis, and enterprise-wide visibility, thereby positioning risk management as a strategic decision-support function.
The Risk Champions Workshop provides a comprehensive overview of the ERM process and its key components, including risk appetite, governance structures, and roles and responsibilities. It is in response to this evolving landscape that the Institute of Certified Public Accountants of Kenya (ICPAK) has organized this workshop to equip participants with practical skills, insights, and tools to function as proactive Risk Champions who can influence governance, decision-making, and enterprise risk management at all levels.
The workshop is designed to cover the following topics:
| DAY | MODULE | TOPICS |
| DAY 1 | Overview of Risk Management and ProcessesÂ
 |
·        What is Risk and Risk Management?
·        Types of Risks ·        Risk Management Approaches and Risk Management Processes (ISO 31000) ·        Risk Management Structure ·        Risk Identification and assessment |
| Risk Identification and FormulationÂ
|
·        Risk Classification,
·        Risk Assessment (Identification and Analysis) ·        Risk Formulation (The Cause-and-Effect Relationship of Risk) |
|
| Risk Ranking and Treatment
|
·        Risk Prioritization and Ranking (The Risk Ranking Matrix)
·        Risk Assessment and Prioritization Techniques (Practical) ·        Risk Evaluation ·        Risk Tolerance and Risk Capacity ·        Risk Monitoring and Reviewing, |
|
| DAY 2 | Risk Matrix and review of Risk Registers (practical)
|
·        Application of the Risk Matrix
·        Establishing Risk Registers ·        Risk Appetite |
| Risk Control Â
|
·        Organizational Resilience and Business Continuity Planning
·        Risk Control Techniques ·        Using Key Risk Indicators (KRI’s) ·        Risk Registers Development ·        Risk Management Challenges ·        Risk Maturity |
|
| Risk Management ImplementationÂ
|
·        Risk Management Framework
·        Risk Strategy ·        Risk Governance ·        Risk Readiness Checklist ·        Leading Practices in Risk management Implementation |
|
| DAY 3 | Driving ERM Initiatives and Implementation Projects: Design to Integration | ·        Overall ERM process, including governance, execution, and reporting. |
| Leveraging Technology: GRC and Cloud-Based Risk Management (Practical)
|
·        Utilizing Governance, Risk, and Compliance platforms and cloud-based solutions to improve risk tracking, visualization, and reporting. | |
| Risk Mitigation Planning and Scenario Analysis (Practical) | ·        Developing risk responses (avoid, reduce, transfer, accept)
·        Creating action plans ·        Testing controls through real-life scenarios |
 TARGET AUDIENCE:
This workshop will be useful to all Professional Accountants and those aspiring to join the Profession, Risk Champions, Risk / Compliance Officers and Managers ,Internal Audit Function ,Internal Control Function
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 20 Structured CPD Units upon successful completion of the workshop.
FINANCIAL COMMITMENT:
| Category | Charges Physical |
| Associate Members | Kes 54,000 per Delegate |
| Full Members | Kes. 59,000 per Delegate |
| Non-Member | Kes. 64,000 per Delegate |
2.  Delegates are advised to make own travel and accommodation arrangements
ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for update