Saudi Aramco News

For the second consecutive year, Saudi Aramco endorsed the 2015 Global Risk Awards. Hosted by the Institute of Risk Management (IRM) in central London, the awards champion excellence in the field of managing risk. About 400 leaders from 20 countries attended the ceremony, which is considered to be the annual highlight within the risk industry. Saudi Aramco sponsored the award for “Managing Risk across Boundaries,” which recognizes individuals or teams that have executed a strategic approach to the risks related to operating across geographic borders. “Rewarding excellence in business areas related to our industry is vital for us as it shows that we not only continue to pursue best practices ourselves, but also recognize and praise it when it is demonstrated by others,” said Ahmad A. Al Sa’adi, vice president of Gas Operations, who presented the award. The winner of the awardwas accounting giant PricewaterhouseCoopers. Other notable winners on the night included the Emirates Nuclear Energy Corporation and Dubai’s Roads and Transport Authority,demonstratingthe increase of risk awareness within the Middle East/North Africa region. Reflecting on the night, IRM chairman José Morago said: “In uncertain times such as these, the best risk professionals help their organizations grasp the opportunities, as well as manage the threats, that risk offers. Tonight’s awards show the risk profession at its very best.” Ian Livsey, IRM chief executive, added: “Everyone shortlisted tonight should be proud. They are at the cutting edge of managing the very real risks the world faces today. As the world’s interconnected risks evolve ever faster, they show how the role of risk practitioners grows ever more vital.” The IRM, an independent nonprofit organization, is considered to be the leading professional body for risk management.