Draft:Governance, Performance, Risk and Compliance

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  • Comment: Press releases from people/companies closely related to GPRC concept are not independent sources.
    Also is this article about the concept of GDPR or the GDPR Summit? Ca talk to me! 11:13, 21 November 2023 (UTC)

GPRC[1] is an acronym for Governance, Performance, Risk and Compliance.[2] It was introduced by Owe Lie-Bjelland, Director of GPRC Program Management at Corporater, in a blog post,[3] and since emphasized in his writings on the Performance - GRC equilibrium,[4][5] and featured as a topic in management events.[6][7] According to the GPRC Summit, GPRC stands for GRC (Governance, Risk and Compliance) integrated with Performance and Strategy.[8]

GPRC Summit[edit]

The inaugural series of the GPRC Summit were held on January 23, 2023, and January 25, 2023, at Riyadh, KSA[9] and Dubai, UAE[10] respectively. Dr. Sultan Saud Alsajjan, General Manager, Governance and Compliance, Ministry of Municipal and Rural Affairs and Housing inaugurated the event in Riyadh[11] and H.E. Dr. Mohamed Al Kuwaiti, Head of Cybersecurity, UAE Government in Dubai, UAE.[12] H.E. Thomas Lid Ball, Ambassador of the Kingdom of Norway to Saudi Arabia, Bahrain, Oman and Yemen, Royal Norwegian Embassy, KSA, was present at the Riyadh event,[13] and H.E. Abdallah Al Shamsi, Assistant Undersecretary, Monitoring and Follow-up at the Ministry of Economy attended the Dubai event.[14] The summit was supported by the UAE Cyber Security Council and UAE Banks Federation.[15]

At the summit, GPRC was discussed as the future of effective enterprise management for government and business organizations, and defined as a framework for governance, management, and assurance of a company's performance, risk, and compliance.[16] The summit keynote speakers included Michael Rasmussen from GRC 20/20 Research, Peter Sondergaard, Founder of Sondergaard Group and a former EVP at Gartner Research, and Tor Inge Vasshus, Founder and CEO of Corporater[7].[17]

Among the panelists in Riyadh were A. Ayoub Abdulrahman Al-Dakael, Director of Risk Management, Saudi Government, KSA, Hassan Al Amri, GM - Risk Management & BCM, Mobily, KSA, Marc Haberland, Founder & CEO, Clariba, Abdulaziz Al-Ateeq, Group Head of Corporate Risk Management, Business Continuity & Fraud Risk Management, ACWA Power, and Suhaib Al-Hosainy, Chief Risk Officer, SaudiEXIM Bank.[18]; and in Dubai were Ali Mohammed Khalifa Almuwaijei, Vice President - Governance & Compliance, Dubai Electricity & Water Authority; Hussein Shafik Bahgat, Chief Information Security and Privacy Officer, Abu Dhabi Islamic Bank (ADIB); Khurram Sabir, Chief Internal Auditor and Chief Risk Officer, General Pension and Social Security Authority, UAE, Marc Haberland, Founder & CEO, Clariba, Sherwyn Rodricks,[19] VP Corporate Risk and BCM, Daman National Health Insurance Company and, Matthew Nobles, Chief Compliance Officer, MEA for GE Gas Power[17]

The GPRC Summit scheduled for 2024 is set to take place in Riyadh on January 24-25, 2024,[20] and in Dubai on January 29-30, 2024.[21] The focus of this event will around the theme of "Strategic Road to Business Resilience and Superior Performance in AI-powered Future."[22]

References[edit]

  1. ^ "abbreviations.com". Abbreviations.
  2. ^ "A 5-stage roadmap to successfully implementing GPRC in your organization". Clariba Seidor. June 16, 2021.
  3. ^ "Emphasizing the P in GRC". RiskNet. September 15, 2020.
  4. ^ Kaiser, Thomas (2021). Non-Financial Risk Management: Emerging stronger after Covid-19. Vol. 1 (First ed.). Risk Books (published November 19, 2021). pp. 275–299. ISBN 978-1782724421.
  5. ^ Kaiser, Thomas (January 26, 2022). "Non-Financial Risk Management Emerging Stronger After COVID-19" (PDF). Center for Financial Studies. p. 40.
  6. ^ "The GRC Red Flag Series – Excerpts from G(P)RC: How GRC Drives Performance in Banking & Finance". GRC World Forums. November 2, 2022.
  7. ^ a b Corporater (November 2022). "GPRC Summit". GPRC Summit.
  8. ^ J. Marshal, Sunita (January 26, 2023). "GPRC Summit 2023, Dubai". Medium.
  9. ^ "G[P]RC Summit 2023, Riyadh". GRC2020. January 23, 2023.
  10. ^ "G[P]RC Summit 2023, Dubai". GRC2020. January 25, 2023.
  11. ^ "The world's largest GPRC summit calls for an integrated approach to GRC to achieve 360-degree risk awareness". Aetoswire. January 25, 2023.
  12. ^ "GPRC Summit 2023 spotlights risk and governance in the UAE's digital future". Zawya. January 27, 2023.
  13. ^ "The world's largest GPRC summit calls for an integrated approach to GRC to achieve 360-degree risk awareness". Daleeeel. January 25, 2023.
  14. ^ "GPRC 2023 highlights risk & governance in UAE's digital future". Emirati Times. January 26, 2023. p. 1.
  15. ^ "GPRC Summit 2023 to find loopholes in risk management". TradeArabia News Service. January 16, 2023.
  16. ^ "GPRC Summit 2023 to examine loopholes in risk management". SecurityMea. January 16, 2023.
  17. ^ a b "GPRC Summit 2023 spotlights risk and governance in UAE's digital future". International Business Magazine. January 27, 2023.
  18. ^ "GPRC Summit in KSA, UAE to examine loopholes in risk management". Arab News. January 18, 2023.
  19. ^ "Speaker". GPRC Summit. 13 December 2022.
  20. ^ "GPRC Summit 2024". 10Times.
  21. ^ "GPRC Summit 2024". 10Times.
  22. ^ "G[P]RC Summit 2024, Dubai, UAE". GRC2020. 17 October 2023.
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