Ghana Airports Company Limited (GACL) has been recognised as the Best ERM Compliant Institution in the State-Owned Enterprises (SoEs) Category by the Internal Audit Agency’s (IAA) Annual Awards.
The Award was presented during the 2023 Internal Audit Conference held at the University of Professional Studies, Accra.
Enterprise risk management (ERM) is the process of identifying, analysing, managing and monitoring current and emerging risks in an integrated way across the breadth of an enterprise. It provides the methodology for integrating risk into strategic planning and resource allocation processes at the strategic level.
GACL has maintained an effective, consistent and transparent system of enterprise risk management (ERM) in accordance with ISO 31000:2018.
Commenting on the recognition, Managing Director of GACL, Pamela Djamson-Tettey said: “We deem it a great privilege to receive this recognition from the Internal Audit Agency (IAA). This award is a validation of GACL’s internal systems designed to monitor and promptly manage current and emerging risks within the organisation, which are working well’’.
She indicated that: “For an industry that thrives on safety, GACL prioritises risk management and continuously updates its risk-register to reflect current trends. This award will undoubtedly spur the team on to ensure that Enterprise Risk Management is embedded in all facets of the organization.
“Your efforts at standardising, development and mainstreaming enterprise risk management practices in your organisation has engendered effective decision-making in the management of risk and regulatory compliance,” a citation accompanying the award plaque read