The Centre was formally inaugurated by Mr. Rajeev Tanna, CFIRM & Chairman of IRM India Regional Group with Mr. Sandip Datta, Ex-Chief Risk Officer, ITC Limited gracing the occasion, alongside Dr. Ashok K Chitkara, Chancellor, Chitkara University, Dr. Sandhir Sharma, Vice Chancellor, Chitkara University and Mr. Hersh Shah, CEO, IRM India Affiliate, and other distinguished leaders from academia, industry, and governance. The inauguration ceremony reflected a shared commitment to building future-ready institutions that integrate global frameworks with India’s evolving risk landscape.
Mr. Shailesh Haribhakti, Governance Board Member, IRM India Affiliate, also joined the inauguration virtually, sharing his perspectives on the growing importance of governance, resilience, and enterprise risk management in today’s dynamic environment.
Strategically located in Punjab, the Centre is expected to play a pivotal role in strengthening regional capacity for risk education and professional development. It will contribute to industry-academia engagement, encourage risk-aware entrepreneurship, and support policy-oriented thinking in areas of governance and resilience. The initiative is also aligned with India’s broader aspirations of becoming a globally competitive, innovation-driven economy.
Punjab, long recognised for its entrepreneurial energy, leadership ethos, and global outlook, provides a compelling backdrop for such an initiative. The establishment of this Centre aligns with the state’s legacy of enterprise and its growing role in shaping modern education and innovation ecosystems. By bringing global standards of enterprise risk management into the academic environment, the initiative seeks to equip students and professionals with the ability to navigate complexity, uncertainty, and rapid change.
The Global Centre for ERM at Chitkara University is envisioned as more than a physical facility. It represents a dynamic ecosystem designed to foster risk intelligence as a core leadership capability. Through access to IRM’s globally recognised ERM qualifications, academic resources, and industry-led insights, the Centre will enable learners to develop a structured understanding of risk across domains such as finance, technology, operations, governance, and sustainability.
Rajeev Tanna, CFIRM and Chairman of IRM India Regional Group, remarked,
“As organisations navigate an increasingly complex risk landscape, Risk Intelligence and Risk Resilience have become essential for leadership and sustainable growth. This Centre at Chitkara University will strengthen risk education, industry collaboration, and knowledge-sharing, while equipping students and professionals with globally relevant ERM practices and decision-making tools.”
