The 9th CFO’s Breakfast Forum
Theme: Integrity-based GRC: Conception & Implementation
Venue: Crown Plaza Hotel – Nairobi
Date: 20th August 2019
Time: 7.30am – 10.30am
Is your organization still using spreadsheets to track its governance, risk management and compliance (GRC) management processes? If so, you may be part of the 56 per cent of companies that agree they are using out-of-date risk management technologies, according to a 2014 report by Deloitte.
Today’s business environment is characterized by myriad risks, including financial crime risk, disruptive technologies, expanding regulatory compliance obligations and increasing governance expectations. To manage such risks, businesses need their governance, risk & compliance (GRC) practitioners to be at the top of their game.
From conception to implementation, businesses need to ensure the GRC programs they pursue allow them to achieve their business objectives, address risk and uncertainty, achieve regulatory compliance and act with integrity, all this while still meeting business objectives, managing operational costs and warding off competition.
Peak performance is essential, as the task of building an effective GRC program, one with integrity at its core and which can improve a company’s agility, productivity and competitiveness, is by no means straightforward given how susceptible GRC is to fluctuations in market conditions, especially over the past three decades.
Indeed, according to EY’s 2017 analysis ‘Agile GRC: a new approach to governance, trust and risk in the digital age’, over this time “GRC has evolved in response to several large-scale macroeconomic events, as well as the business and regulatory changes they precipitated. In doing so, GRC has continually adjusted its core focus and expanded the scope of risk its covers”. The report also notes that “GRC is entering a new phase in its development, and is increasingly focused on continual monitoring, business decision support and improved shareholder value”.
The CFOs forum offers C-Level executives an intimate environment for a focused discussion of the key Governance, Risk and Compliance (GRC) drivers shaping corporate priorities and finance strategies in Kenya and East Africa.
It is against this backdrop that the 9th ICPAK CFOs Forum is planned to delve on the following:
- Finance and GRC – Is the CFO’s office the right place for GRC?
- GRC and Strategy – CFOs can make risk & compliance a competitive advantage
- The modern CFO – The intersection of risk, performance management, operational efficiency and the role CFOs play in helping organizations proactively manage GRC and create value
- Risk & Compliance management software – needed or nice to have?
- Effects of Disruption on GRC.
The CFO Forum provides updates on relevant topics and the ability to network with peers. It creates an open and trustworthy atmosphere that encourages information exchange and learning on best practices from peers and thought leaders.
The Forum is tailored for CEOs, CFOs, Finance Directors, COOs, CIO, Directors and equivalent levels from both public and private sectors.
D. CPD UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 4 Structured CPD Units upon full attendance.
E. 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).