UltraTech Cement Ltd and IRM sign MoU

IRM India Affiliate has signed a memorandum of understanding (MoU) with UltraTech Cement Ltd. IRM is the world’s leading professional body for enterprise risk management (ERM) qualifications across more than 140 countries and UltraTech is the largest manufacturer of grey cement and ready-mix concrete (RMC) in India. Both organisations will work towards enhancing ERM and risk intelligence in the Indian cement sector.

Additionally, Atul Daga, executive director and CFO of UltraTech, has joined IRM India Affiliate’s Strategic Advisory Board, to further guide the institute’s strategy and vision through his experience and guidance.

The collaboration is part of IRM India Affiliate’s long-term vision of building risk resilience and a robust ecosystem of risk-intelligent organisations across sectors. As a part of this knowledge partnership, both IRM India Affiliate and UltraTech Cement will be organising webinars, roundtables, industry meetings, and thought leadership articles towards knowledge building for the sector.

Elaborating on the collaboration, Hersh Shah, CEO, IRM India Affiliate, said: “Our association with UltraTech Cement will set the stage for enhancing risk culture in the building materials sector through sharing of best risk practices across platforms.”