Kurumba – During the 35th ABA General Meeting and Conference in Maldives, Wolfram Hedrich, Partner at Oliver Wyman and Executive Director at Marsh & McLennan Companies Asia Pacific Risk Center presented The Global Risk Report 2018 during the Special Presentation Session on November 15, 2018.

As Wolfram Hedrich explained, The Global Risk Report 2018 from the World Economic Forum earlier this year documented the extraordinary pace of the multi-directional changes in the global risk landscape. It stresses the growing uncertainties that have put increasing pressure on institutions and system to react to a multitude of risks, from potential economic fallouts and mounting geopolitical strife, to technological disruptions and ongoing climate changes. Such pressure, of course, has also been keenly felt by financial institutions. This is particularly true for financial institutions in Asia-Pacific, which has been arguably at the centre of global developments.

You can download the presentation HERE.