Risk taking is inherent to entrepreneurship provided that the risk-reward trade-off is acceptable. Taking this as the point of departure, the task of the risk management team is to provide at any time clear information about the risk exposure of the company to all stakeholders, to promote risk awareness, and considering the risk appetite of the organisation, to identify the areas where risk needs to be mitigated so that the global corporate exposure remains acceptable but also, on the upside, to detect opportunities. In a turbulent corporate environment efficient risk management is definitely a source of value creation and competitive advantage. In emerging countries, such as Vietnam, where productivity gains and rapid growth remain key priorities, the time has come now to develop risk awareness and promote good risk management practices. This is a condition for a sustainable development.

SPEAKER

Prof Patrick GOUGEON

Professor at CFVG MEBF program

Dr in Economics, Finance Professor at ESCP EUROPE / CFVG

Director of ESCP Europe London Campus

In the course of his career with the school he has occupied several positions in France and abroad. In Asia he was the Director of the School of Management at the Asian Institute of Technology (Thailand); in Paris he was the Director of MBA programmes.

He is the former academic director of the Master in Economics of Banking and Finance (MEBF program, a ESCP Europe/Paris Dauphine joint programme, at CFVG in Vietnam.

His research area including:  insurance; risk management, energy management.