New Mission and Scope of the Institute

The Mission of the International Financial Risk Institute (IFRI) is to provide opportunities for senior risk practitioners, especially the Chief Risk Officers of the world's major financial institutions, to discuss and exchange ideas on both the principles and the practical application of financial risk management. The Institute thereby seeks to develop thought leadership and provide learning opportunities by and for senior risk professionals, with a view to enhance risk management best practice in the financial industry as a whole.

To fulfill this Mission, the Institute has the following Four Objectives:

1) To provide confidential discussion forums for the most senior risk representatives of its members to address topical, complex, risk management issues and to help shape the strategic agenda for, and evolution of, the risk management profession in the future.

2) To provide an occasional exchange platform for IFRI members as well as the wider community of risk management industry bodies to leverage on the research and thought leadership work undertaken both by IFRI and others.

3) To provide support to a selective network of the most senior risk professionals so that they can easily exchange and benchmark ideas and developments in risk management

4) To produce and distribute occasional papers on topical risk management issues, aiming to link academic excellence with the practical requirements of workable solutions. These papers include academic research papers that have been vetted and enriched by discussion with risk practitioners, as well as shorter papers and articles for a wider distribution to the financial markets and regulators. (The Institute is not a lobby group to regulators, but will offer its public output to anyone who is interested in it).