Global Association of Risk Professionals Debuts Risk Professional Magazine

NEW YORK and LONDON - The Global Association of Risk Professionals (GARP, www.garp.org) today published the premiere issue of its bi-monthly Risk Professional magazine. Both the print and digital editions of the magazine’s premiere issue will be sent to over 30,000 Association members.

A “Preview” issue [link to: www.riskprofessional-digital.com/risk_demo/200902/ ] of the magazine received accolades from attendees of GARP’s 10th Annual Risk Management Convention and Exhibition in New York where it was unveiled in February.

Richard Apostolik, Global Association of Risk Professionals President and CEO, said, “Risk management professionals will benefit from the timely and insightful information and broad content Risk Professional magazine will provide to help them meet their professional challenges. The new publication reflects our dedication to addressing the challenges of risk management and expanding the culture of risk awareness.”

The cover story of the premiere issue, “Who Knew?”, spotlights a number of economists, analysts and risk managers who warned of an impending global economic crisis well before many of the biggest financial institutions started suffering its consequences.

As part of a continuing series profiling prominent risk management executives, the premiere issue also features a “CRO Interview” with Bennett Golub of New York-based BlackRock, one of the world’s largest publicly traded investment management firms.

Other articles include “Risk Techniques: Ideas on What Went Wrong, and a Call for More Fundamental Analysis,” which suggests that insufficient attention to significant changes in fundamental data may have played a role in the financial meltdown; and “Lessons from the Swedish Banking Crisis,” which relates that country’s experiences in the 1990s to what the U.S. is now going through.

Jeffrey Kutler, Editor-In-Chief of Risk Professional magazine and former Institutional Investor assistant managing editor, said, “Risk Professional is committed to exploring multiple perspectives on diverse stories of interest to risk management professionals. Our mission is to advance the knowledge of our readers by delivering the kind of critical intelligence they demand. From coverage of current events to forward-looking commentaries and analytical pieces, Risk Professional will cover the continuing innovations taking place in risk management in an increasingly complex business world.”

About The Global Association of Risk Professionals

The Global Association of Risk Professionals (GARP) is a not-for-profit independent association of close to 100,000 risk management practitioners and researchers representing banks, investment management firms, government agencies, academic institutions, and corporations from more than 167 countries. It also administers the Financial Risk Manager (FRM), the certification recognized by financial risk professionals worldwide. As the leading professional association for risk managers, GARP’s mission is to advance the risk profession through education, training and the promotion of best practices globally. www.garp.org.

Contacts: Carl Hymans Danielle Robitaille G.S. Schwartz & Co. G.S. Schwartz & Co. +1-212-725-4500, ext 304 +1-212-725-4500 ext. 338 carlh@schwartz.com drobitaille@schwartz.com

Source: Global Association of Risk Professionals

Carl Hymans, +1-212-725-4500, ext 304, carlh at schwartz.com, or Danielle Robitaille, +1-212-725-4500 ext. 338, drobitaille at schwartz.com, both of G.S. Schwartz & Co.