This award recognises excellence in risk management and is awarded to a company that has effectively mitigated against the ‘showstopper’ risks facing its board
Winner: Dana Gas PJSC
There is a temptation for companies to focus on operational risks, but this risk manager introduced a framework to concentrate board attention to the strategic risks they encounter – the showstoppers.
Gaps were identified and solutions to prevent business interruption adopted. In particular Dana Gas PJSC has worked effectively in prioritising cyber exposures and identifying ways to mitigate these, particularly by making an effective use of insurance.