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FNB's risk officer to unpack business and risk alignment

Kirsten Doyle
By Kirsten Doyle, ITWeb contributor.
Johannesburg, 19 Jan 2022

Organisations today operate in complex, geographically dispersed and dynamic environments. The convergence of regulatory, technological and business developments has seen the scope of governance, risk, and compliance (GRC) programme become increasingly broad and convoluted.

In order to achieve an alignment between the business strategy and the organisation’s GRC requirements, risk professionals need to work more closely with IT and business leaders to formulate and execute effective strategies.

Savvy companies are finding that GRC programmes do not necessarily have to hamper business, and can actually be an enabler.

Risk professionals need to work more closely with IT and business leaders to formulate and execute effective strategies.

In fact, the widespread digital transformation we are seeing across the board, means that technology and innovation are spearheading business continuity, resilience and growth, and it is therefore critical to ensure that the business, IT and risk functions are aligned to drive a holistic approach, and operate a profitable entity.

ITWeb Governance, Risk & Compliance 2022

Register today for the ITWeb Governance, Risk & Compliance 2022 conference, to be held as a hybrid event both online, and at the Maslow Hotel in Sandton on 10 February.

Learn how to leverage new technologies to future-proof your governance, risk mitigation and compliance strategies and initiatives. For more information, click here.

With this in mind, Nadiah Maharaj, chief risk officer: FNB Commercial, First National Bank will be presenting on “Aligning business and risk functions to provide an integrated technology experience”, at ITWeb Governance, Risk & Compliance 2022, to be held as a hybrid event online, and at the Maslow Hotel in Sandton, on 10 February.

Maharaj is an experienced head of internal audit with a demonstrated history of working in the banking industry. She is skilled in enterprise risk management, internal audit, financial risk, risk management, and external audit.

During this session, she will unpack why businesses need to align their IT governance strategy with their business strategy. Delegates will learn why it is important to ensure that  business, IT and risk functions are aligned in order to operate a profitable entity.

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