The Institute of Risk Management (IRM) has broadened its educational reach in Malaysia by making its International Certificate in Operational Risk Management (ICORM) and three professional risk management award programs eligible for HRD Corp funding. This move aims to provide Malaysian employers and professionals with greater access to internationally recognized risk management education, addressing the growing need for enhanced skills in areas such as digital transformation, artificial intelligence, and governance.
This initiative is designed to bolster enterprise risk management capabilities among Malaysian organizations, which are increasingly facing challenges in regulatory compliance and operational resilience. The announcement from IRM aligns with Malaysia’s priorities in workforce development, where there is a noted shortage of skills in risk management roles. By offering flexible and workplace-focused training, the organization intends to support improved decision-making and organizational resilience.
The HRD Corp-funded programs cover a range of critical areas. These include Managing AI Risks in the Workplace, which addresses governance and ethical issues related to artificial intelligence; Financial Services Risk Management, focusing on best practices in banking, insurance, and financial services; and Managing Organisational Risks, which introduces core principles of enterprise risk management. Additionally, the ICORM program offers comprehensive training on operational risk frameworks, controls, and culture.
IRM Asia, the regional branch of the organization and a registered HRD Corp training provider, announced that qualifying Malaysian employers could claim funding for these approved programs, facilitating investment in globally recognized professional qualifications. The initiative is part of IRM’s strategic effort to extend professional risk management education throughout the ASEAN region and aid organizations in building robust long-term risk management capabilities.
Legal Disclaimer: The information contained in this article has been provided by independent third-party contributors, clients, or content partners. We do not independently verify the accuracy, completeness, legality, ownership, licensing, or reliability of submitted content, including text, images, videos, trademarks, or other media materials. The submitting party is solely responsible for ensuring that all content, including images and media assets, complies with applicable copyright, trademark, licensing, and intellectual property laws. We disclaim liability for any unauthorized use of copyrighted or proprietary materials by third parties. If you believe that any content published on this platform infringes your intellectual property rights, kindly contact the author above for prompt review and resolution.