17th September 2023 12:25:56 PM
2 mins readGhana Airports Company Limited (GACL) has been honored with the prestigious title of "Best ERM [Enterprise Risk Management] Compliant Institution" in the SoEs Category at the Annual Awards presented by the Internal Audit Agency (IAA).This recognition was bestowed upon GACL during the 2023 Internal Audit Conference, which took place at the University of Professional Studies in Accra on Friday, September 15, 2023.
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Enterprise Risk Management, or ERM, is the systematic process of identifying, analyzing, managing, and monitoring both current and emerging risks across the entire spectrum of an organization.ERM serves as the framework for seamlessly integrating risk considerations into the strategic planning and resource allocation processes at the strategic level.
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GACL has consistently upheld a robust, consistent, and transparent Enterprise Risk Management (ERM) system, adhering to ISO 31000:2018 standards.Mrs. Pamela Djamson-Tettey, the Managing Director of GACL, expressed her gratitude for this commendable achievement, stating, "We consider it a great privilege to receive this recognition from the Internal Audit Agency (IAA).
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" She went on to emphasize, "This award serves as validation for the effectiveness of GACL's internal systems, which are specifically designed to vigilantly monitor and address both existing and emerging risks within our organization."Mrs. Djamson-Tettey also highlighted the organization's unwavering commitment to risk management, particularly within an industry that places a premium on safety.
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She noted, "GACL places Risk Management at the forefront of its priorities and continually updates its risk register to reflect the evolving landscape of risk factors." She concluded by affirming that this accolade will inspire their team to further embed Enterprise Risk Management principles into every facet of their organization.
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