• Jimmi Adhe Kharisma, Chief Risk Officer

    Jimmi Adhe Kharisma, Chief Risk Officer

  • Modern-day organizations operate in a risky landscape. Especially, when it comes to the Fintech Industry, any number of risks might jeopardize operations and could threaten a company’s business continuity, competitiveness, and even existence. Organizations require a stronger leader who identifies, monitors, mitigates, and controls risks long before they can damage the company. CEO Insights’ exclusive team connects with one such stalwart, Jimmi Adhe Kharisma, Chief Risk Officer, Asetku, who has been proactively managing the risks and helping the organization adapt to the changes caused in its operating environment. Jimmi began his journey in the financial services industry as the Assistant Research Analyst at the Central Bank of Indonesia.

  • Jimmi Adhe Kharisma: Eradicating Risks In Businesses By Designing High-End Strategies

Risks are Not that Risky Anymore

By: Sujith Vasudevan, Managing Editor

Over the past few years, almost every business decision across the globe has been a calculated risk, at the very least. We have learned that the future will be unpredictable to a great extent, and we learned it the hard way.

Consumer Electronics Industry: Adapting the New Dynamics

By: Vikas Chadha, CEO, Jumbo Group

At the turn of the century, the consumer electronics industry in the UAE depended largely on in-store sales. It drew strength from the nation's strong economic growth and rising

Top 10 Chief Risk Officers In Asia - 2023

Technology Reshaping the Future of Healthcare

By: Sharon Chan, Head - Johnson & Johnson Innovation – JLABS Asia Pacific

Head of Johnson & Johnson Innovation – JLABS Asia Pacific, Johnson & Johnson’s premier life science incubator that aims to empower and enable innovators to develop and deliver the next

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Cybercriminals: Who are they & how do they use Malware?

By: Anthony Webb, Vice President International, A10 Networks

Cyber criminals are usually motivated by financial gain, though other motivations can include desire for political influence, some concept of social justice, or just the malicious thrill of causing trouble

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Three Ways Investing in Route Planning Software is Beneficial for the Transportation Industry

By: Mradul K., VP - Global Sales & Strategy, LogiNext

Mradul boasts of a 13-year long career during which he has been associated with companies such as Bajaj Alliance General Insurance, IFFCO Tokyo General Insurance

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Importance of Leadership During Tempestuous Times

By: Nisha Parikh, VP – HR & Marketing, Telebu

Indeed, one cannot escape from the unending stream of global unrest; the pandemic has confirmed this. In extraordinary times, people often turn to their mentors or leaders for reassurance and guidance more than ever

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  • Top 10 Chief Risk Officers In Asia - 2023

    Significance of CRO

    Risk has always existed in business and it was the responsibility of those in the top of organisations to manage, minimize and mitigate that risk. But in past few years, the volume of this risk has heightened more than ever. Today, businesses are not just threatened by any single means but by multiple troubles like geo-political, regulatory, cyber and technology risks. Thus the work of mitigating risks became more important than ever and a new role of CRO (Chief Risk Officer) was born.

    The ‘Risk’ Statistics

    The term ‘Risks’ in business originated in the insurance sector, where insurers would assess the potential risk of something harmful or unexpected happening. This can be anything like loss, damage or theft of something, to a personal injury. Today, the complexity of the Risks has grown so far that a research by the Association Management Risk and Insurance De L’entreprise (AMRAE), revealed that of the 270 risk managers surveyed, they came up against a very wide range of risks – operational (91 percent), fraud (83 percent), cyber security (79 percent), and even environmental (79 percent). Not only the Risk is getting more complex but also the threat it poses is getting greater. Cyber risk especially has grown in impact over the past five years, with ransomware attacks potentially able to bring an organization to its knees.

    Mitigating Risks with Technology

    Today organizations are searching for the best CROs and are equipping them with all possible technologies for attaining needed competencies for good risk management, better data and information. Predictive risk information can give management a legup in making better-informed decisions and help them take actions that produce outcomes that are more reliable. Evolution in computing and risk technology, and developments in other technologies that exploit Big Data, analytics, mobile applications, cloud computing, enterprise resource planning (ERP), and governance, risk, and compliance (GRC) systems, are also important for risk management. With all these technologies organizations will be provided with better abilities for enhancing risk management effectiveness.

    This issue of the CEO Insights Asia magazine spotlights a list of ‘Top 10 Chief Risk Officers in Asia - 2023’ who have helped in the transformation and growth of corporate and business sector of the country. The list has been crafted by a team of Industry veterans, CEOs, and our editorial team thus delivering inspiring stories of their journey and the contributions & roles played by them in the creation and empowerment of a powerful nation.

Top 10 Chief Risk Officers In Asia - 2023

Company Logo Company Management Company Name Company Description
State Street Ajay Mathur, Chief Risk Officer State Street Senior financial services executive with product, risk type and operating environment experience in Asset Management, Wholesale, Corporate & Investment Bank businesses
Manulife Aravind Srinivas , Chief Risk Officer Manulife An agile finance professional, responsible for maintaining the firm's risk management framework across Asia, while overseeing their global product and insurance risk practice
Hong Kong Life Insurance Barkis Ip, Chief Risk Officer Hong Kong Life Insurance He is an Australian CPA, Chartered Company Secretary, and a Certified Management Consultant, and a Fellow of the Hong Kong Institute of Certified Public Accountants
Asetku Jimmi Adhe Kharisma, Chief Risk Officer Asetku An accomplished CRO with a demonstrated history of working in the financial services industry monitoring threats to increase operational efficiency and financial stability of the organization
TCS Prabha Thomas, Chief Risk & Compliance Officer TCS She is responsible for driving Enterprise Risk Management and Enterprise Compliance Management across the organisation
Cahya Mata Sarawak Berhad Ramesh Ramankutty, Chief Risk Officer Cahya Mata Sarawak Berhad A commercial banker turned into CRO, holds decades of experience in helping business operate in a risk managed environment
Al Masraf Rohit Kumar , Chief Risk Officer Al Masraf A solution provider & visionary leader responsible for developing the Bank’s risk appetite & ensuring alignment with new business strategy
Standard Chartered Bank Shivkumar Mahadevan, Chief Risk Officer Standard Chartered Bank He has been in the financial services industry for over 29 years, of which the last 24 years have been with SCB where he has held various senior Risk roles across Singapore, Hong Kong, Dubai and Mumbai
AXA Vidya C., Chief Risk Officer AXA An industry veteran in financial risk, operational risk and technology risk areas possess around 13 years’ experience encompassing the provision of assurance and corporate services
Asia Capital Re Whye-Loon Chan, Chief Risk Officer Asia Capital Re Experienced CRO with a demonstrated history of working in the insurance industry skilled in Enterprise Risk Management, Reinsurance, Financial Risk, Risk Management, and Property & Casualty Insurance
HSBC Omar Malik , CFO HSBC A dynamic leader with extensive financial services experience across banking, insurance and wider wealth management

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