The Ghana Airports Company Limited (GACL) has been named the “Winner” of the “Best Enterprise Risk Management (ERM) Compliant Institution” in the State-Owned Enterprises (SOEs) category at the Internal Audit Agency’s (IAA) Annual Awards ceremony.
The award was presented to the GACL at the 2023 Internal Audit Conference held at the University of Professional Studies in Accra on Friday, September 15, 2023.
This recognition emphasizes GACL’s dedication to upholding international standards of risk management excellence.
Enterprise Risk Management (ERM) is a pivotal process involving the identification, analysis, mitigation, and ongoing monitoring of risks across an organization. ERM integrates risk considerations into the strategic planning and resource allocation processes, promoting a comprehensive approach to risk management.
GACL’s success in securing this award is a testament to its commitment to maintaining a robust, transparent, and consistent ERM system, in strict compliance with ISO 31000:2018 standards.
In response to the recognition, Mrs. Pamela Djamson-Tettey, Managing Director of GACL, expressed her gratitude, stating, “We consider it a tremendous honor to receive this accolade from the Internal Audit Agency (IAA). This award serves as a validation of GACL’s internal systems, meticulously designed to identify and proactively address current and emerging risks within our organization.”
Mrs. Djamson-Tettey further noted, “In an industry where safety is paramount, GACL places Risk Management at the forefront of our operations. We continuously update our risk register to align with evolving trends. This recognition will undoubtedly motivate our team to further embed Enterprise Risk Management in every facet of our organization.”
GACL’s achievement at the IAA’s Annual Awards sets a significant benchmark for excellence in risk management within the SOEs category.
Source: Ghana Business