DEWA Organises 2nd World Risk Conference in October 2015

Dubai Electricity and Water Authority (DEWA) has today announced that it will organise the second enterprise risk management conference (World Risk 2015) on 8 October 2015. World Risk 2015 is organised under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council. DEWA is organising the conference in collaboration with the UK’s Institute of Risk Management (IRM). The press conference at InterContinental hotel, Dubai Festival City, was attended by HE Saeed Mohammed Al Tayer, MD and CEO of DEWA, Waleed Salman, Executive Vice President of Strategy and Business Development, Dr. Yousef Al Akraf, Executive Vice President of Business Support and Human Resources, Kenneth Mckeown, Manager - Enterprise Risk Management, Abdulrahman Al Jamea, Deputy Senior Manager - Enterprise Risk Management, DEWA staff, and a large number of media representatives. World Risk is an important platform for DEWA to highlight and share its expertise and knowledge with public and private organisations in the UAE. DEWA is organising the second World Risk, following the overwhelming success of the inaugural conference last year and the positive feedback from partners, organisations, and government departments that took part in it. “We are organising this conference to support the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the objectives of the Dubai Plan 2021, to achieve higher standards of excellence and quality and harness capabilities to develop government work and improve its outcome to serve the people, make them happier and more comfortable, and achieve their wellbeing. The conference, which is organised this year under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Dubai Executive Council, is an important annual event that brings together senior decision-makers from the public and private sectors, and highlights global best practices and latest risk management international systems and programmes, and the best technologies that proactively identify, assess, and prioritise risks,” said Al Tayer. “The Enterprise Risk Management Conference is a platform for DEWA to share its expertise and knowledge with public and private organisations in the UAE to improve business performance and enhance sound planning and achieve mutual strategic goals. DEWA is the first organisation in the Middle East to apply the SAP system for risk management and adopt the ISO 31000-certified global best practices and the most integrated management systems in enterprise risk management that are closely linked to its planning and strategy. DEWA has also started implementing SAP Governance, Risk, and Compliance (SAP GRC 10.1-HANA) system, which is part of our strategy to use the latest technologies and solutions in our operations,” added Al Tayer. “DEWA is driven by its vision to become a sustainable innovative world-class utility, by adopting comprehensive enterprise risk management systems that study all possibilities and risks that might impact its strategic plans and operations, take preventive measures and develop alternative plans for better corporate results and enhance DEWA’s global competitiveness in all its areas of work. We always study all possibilities and risk that might affect our strategic plans, operations, or the services we provide to our customers in all areas of Dubai,” noted Al Tayer. “Over the past few years, DEWA has taken significant steps in enhancing and developing enterprise risk management and mitigating and limiting risks. DEWA has won prestigious awards in this area, including the Commitment to Learning and Development award at the Global Risk Awards 2015, which is managed by The Institute of Risk Management (IRM) in the UK. The award recognised DEWA’s achievements in risk management and adopting global best practices. DEWA is the first organisation in the Middle East and North Africa to win this prestigious award,” concluded Al Tayer.