DEWA, IRM to develop corporate risk management practices

| 27/06/2012 | 0 Comments

Dubai Electricity and Water Authority (DEWA) has signed a Memorandum of Understanding with UK-based Institute of Risk Management (IRM) aimed at achieving the state-owned utility’s vision of becoming a sustainable utility by enhancing its risk management capabilities.

DEWA said it hopes the agreement will also generate potential partnerships among local UAE institutions, regional, and international organisations, exchange expertise and promote corporate risk management practices.

“With the growing demand for risk management best practices in the UAE, we are establishing a solid working relationship with IRM that will enable us to offer vital education merits and research opportunities not only for the utility industry but increasingly across all sectors,” said Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA .

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