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GII, in conjunction with the Institute of Risk Management, (IRM) UK, is bringing IRM programmes and qualifications to Bahrain.
The IRM is risk management's professional education body, a not-for-profit organisation governed by practising risk professions with strong links to leading universitites and schools across the world.
Risk management aims to help organisations understand, evaluate and take action on all their risks to increase the probability of success. It indicates to stakeholders including shareholders, customers and employees that a business is being effectively run and helps an organisation confirm its compliance with corporate governance requirements.
GII director general Wendy Maddison said: "In today's business world, the management of risk and uncertainty is a vital management skill.
"Risk management is relevant to all organisations. It should form part of the culture of an organisation, with an effective policy and programme led by top management with clear responsibilities laid down for every manager and employee to be involved in the management of risk."
At the beginning of November, GII is launching an IRM accredited two-day certificate course focusing on enterprise risk management which will give a broad introduction to the subject of risk management.
