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and decisions are guided by risk priorities. Proactive risk management boosts resilience and turns challenges into opportunities.
Bio: Dave joined the Club in 1988 and, at member #19, is the longest participating member of the Club.
Primarily spending the majority of his working life in Banking and Finance, he also owned and ran a retail and wholesale seafood business, and his own Training and Risk Management Consultancy Company.
Banking and Finance: Dave worked as a risk manager for 3 of Australia’s largest banks and Australia’s biggest payment processor. He also was the Australian Acquiring representative for the MasterCard AsiaPac board of advisors and was a board member of Cardlink and bPay, He has formal qualifications in Education, Call Centre Management and Fraud and Financial Investigation.
Since ‘retirement’ Dave runs a property management portfolio and has assisted the Club in the formulation of our own risk management practices, and keenly invested in our risk and compliance activities.
Risk management is the process of identifying, assessing, and mitigating potential risks that could negatively impact an organization, project, or individual goals.
It involves systematically analyzing uncertainties, evaluating their likelihood and potential consequences, and implementing strategies to minimize or control their impact. Effective risk management helps in safeguarding resources, ensuring operational continuity, and enhancing decision-making by prioritizing actions based on risk severity.
By proactively addressing risks, organizations can better adapt to challenges, seize opportunities, and maintain resilience in dynamic environments.