Riskpro provides risk management advisory services and benchmarking. It has offices in major Indian cities and alliances in other cities, managed by experienced professionals. Services include Basel II/III advisory, corporate and operational risk assessments, governance reviews, and information security audits. Riskpro's benchmarking methodology evaluates a client's risk framework against best practices to identify gaps and areas for improvement. The process involves defining the scope, executing benchmarking procedures through documentation reviews and interviews, and reporting findings and recommendations.

1. Risk Management Benchmarking Services
Riskpro, India
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2. Who is Riskpro… Why us?
ABOUT US MISSION
 Riskpro is an organisation of member firms
around India devoted to client service  Provide integrated risk management
excellence. Member firms offer wide range consulting services to mid-large sized
of services in the field of risk management. corporate /financial institutions in India
 Currently it has offices in three major cities  Be the preferred service provider for
Mumbai, Delhi and Bangalore and alliances complete Governance, Risk and Compliance
in other cities. (GRC) solutions.
 Managed by experienced professionals with
experiences spanning various industries.
VALUE PROPOSITION DIFFERENTIATORS
 You get quality advisory, normally delivered
by large consulting firms, at fee levels  Risk Management is our main focus
charged by independent & small firms
 Over 200 years of cumulative experience
 High quality deliverables
 Hybrid Delivery model
 Multi-skilled & multi-disciplined organisation.
 Ability to take on large and complex projects
 Timely completion of any task due to delivery capabilities
 Affordable alternative to large firms  We Hold hands, not shake hands.
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3. Risk Management Advisory Services
Basel II/III Advisory Corporate Risks Information Security
 Market Risk  Enterprise Risk Assessment  IS Audit
 Credit Risk  Fraud Risk  Information Security
 Operational Risk  Risk based Internal Audit  IT Assurance
 ICAAP  Operations Risk  IT Governance
 Forensic services
SERVICES
Operational Risk Governance Other Risks
 Process reviews  Corporate Governance  Business/Strategic Risk
 Policy/ Process Review  Business Strategic risk  Reputation Risk
 Process Improvement  Fraud Risk  Outsourcing Risk
 Compliance Risk  Forensic Accounting  Contractual Risk
Training Recruitment
 Banking – E Learning  Virtual Risk Managers
 Corporate Training  Full Time Risk Professionals
 Regular Risk Management Training  Part time Risk Professionals
 Online Training material  Risk Managers on call – free
 Workshops / Events
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4. Riskpro’s Network Presence
New Delhi
Agra
Jaipur
Ahmedabad
Kolkata
Mumbai
Pune
Hyderabad
Bangalore
Chennai
Salem
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5. Risk Management Benchmarking Methodology
 Why Benchmark
 Necessary to evaluate your risk management framework vis a vis competition to ensure
minimal financial and reputation losses or atleast losses should not exceed industry
average
 To plug loop holes that management knows exist, and to indentify more of such gaps
 A comprehensive exercise mandated by the Board to carry out a major revamp of old and
outdated risk management framework
 to understand how divisions or programs compare internally or to industry standards
 To minimise overlaps with internal audit, compliance, to bring efficiencies and better
integration of overall GRC framework
 How Benchmarked
 Benchmarking to International Best practice - The risk management process will be
compared with and measured against world wide best practice and international risk
management standards
 Risk Management Maturity Models will be used to evaluate the exiting maturity of risk
frameworks and where the firm needs to evolve to.
 Benchmarking exercise will assess all aspects of the risk management process by
reviewing documentation, reports etc and interviews with key personnel
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6. Benchmarking Overview – Evaluation of Risk Management
Framework
Execution of
Define Scope Benchmarking Procedures Reporting Findings
1. Perform agreed procedures
1.Only Holding company or 1. Final report
all entities across the group 2. Frequent interaction to share
results and findings 2. PPT presentation to
2. Gap Analysis only or Senior Management
process improvement along 3. Stay focused on value added
the way procedures 3. Further related advisory
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7. Risk Management Benchmarking Procedures applied
A. Risk Management Strategy and B. Risk Identification and Evaluation
Governance 1. Methods used to identify risk
1. Evaluation of risk strategy against best 2. Sources of risk, level of inherent risk
practices
3. Extent to which risks have been identified
2. Risk Appetite Framework at the appropriate level
3. Adequacy of risk management standards 4. Risk definitions – including use of inherent
and frameworks adopted (gross) and residual (net) risks
4. Linkage to Corporate and business 5. Categories of Risk and how determined
objectives with risk appetite
6. Risk workshops – approach used
5. Setup of risk governance and effective of
committees/charter 7. Use of scenario planning
6. Risk culture and training, awareness 8. Advanced models to gauge risks
7. Adoption of relevant regulatory requirement 9. Measuring the impact and the likelihood of
such as AML/KYC, Risk reporting and occurrence of each risk
•Approach adopted
disclosure
•Risk matrix – evaluation against best practice
8. Review of internal audit reports on risk •How has the approach ensured consistency
•Ease of understanding by managers using the
management function
process
•Reliability of the information gathered
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8. Risk Management Benchmarking Procedures applied
C. Assessment of Risk Mitigation D. Output from the Risk Process
1. Approach adopted – workshops or other 1. Risk register – method adopted
approach 2. Completeness of risk registers
2. Risk Assessment – Adequacy of frequency 3. How has consistency been ensured
and output of top risks
4. Approach adopted to deal with anomalies
3. Method employed to assess risk mitigation
5. Risk owners – how have these been
4. Identification of risk exposures determined
5. Establishment of action plans. 6. How risk interdependencies have been
6. Risk treatment analysis – how have the addressed
cost/ benefits of dealing with exposures / 7. Reports for Senior Management
exploiting opportunities been assessed?
8. Board reporting to review progress in
7. Proper escalation and communication of addressing the exposures – method
alerts, triggers of breaches adopted
9. Methodology for emerging risks
10. Risk disclosures – Regulatory and
voluntary
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9. Risk Management Benchmarking Procedures applied
E. Risk Principles and Risk F. Project Wrap up and Reporting
Culture embedding 1. Final report with our major and moderate
findings
1. Approach adopted – workshops or other
approach 2. Below each finding, a recommended
improvement suggestions will be provided
2. How have corporate risks been linked into
the Strategic planning process 3. An overall list of minor issues noted will be
attached as Annex
3. Has the process been adopted across the
organisation? 4. Final presentation to Board/Senior
Management on the project
4. How have operational risks into the
business planning process 5. Undertaking additional assignments as a
follow up of the report, depending upon the
5. Approach adopted for risk tracking
future scope agreed upon.
6. How has the decision making process
been influenced by the adoption of the
formal risk management process?
7. What benefits have been delivered?
8. Integration of incident management
9. Integration of Business Continuity planning
10. Have risk champions been identified via
the process?
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10. Project Summary – Estimated Costs
Risk Component Estimated Duration Estimated Pricing
Risk Management Benchmarking 4-6 weeks To be finalised after
discussions of scope
TOTAL (exclusive of Service tax) TBD
Project Exclusions
 Scope of our assignment will be as mentioned in the detailed proposal that we will submit to
you. The benchmarking methodology is an illustration of the types of procedures carried out for
various benchmarking exercise. Depending upon the project scope and budget, final
procedures will be part of the engagement letter
 In particular, the following are not in scope for the current proposal.
 Formulation or enhancement of any policy, process note or procedure documents
 Implementation of any risk management component is excluded. Example Enhancing risk
registers, creating risk reports, MIS information etc
 Existing regulations will be used as a benchmark.
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11. Riskpro’s other
Services
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12. Risk Management Trainings – Delivery Methods
Onsite- Instructor Led Online- Web based Webinars
 Corporate Institutional trainings  Multi city delivery capability for  Interactive webinars on hot
for senior management with training to large audience topics or customized areas for
strategic interest areas global access audience
 Suitable for frontline staff for
 Classroom trainings for junior/ induction and onboarding  Complimentary or Recorded
mid level executives requirements versions for self paced re-cap
and reference
 Delivered by knowledgeable  Delivered live by experts
experts across industry providing topic outline  On demand services with select
domains framework topics
 Low cost model at regular  Conducted by industry experts
intervals or fixed duration e- with Q&A session
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learning platform

13. Our Recruitment services RECRUITMENT
Full Time Staffing
 Riskpro is constantly building its network of Risk Professionals across India
 Today, we can help you hire risk professionals at all levels of experience
 We differentiate from other recruitment firms, because, as Risk Managers ourselves, we
are able to better match your requirements and candidate experience
 Our charge out rates are competitive
 Slab rates. As we do more business with you, the rates come down.
Temporary Staffing - The Project Team
 Pool of highly qualified staff with deep risk expertise
 Available for your short to medium term needs
 Varying levels of professionals available. Experience starting from 4 years to 20 years.
All will have CA, ICWA or equivalent qualification.
 The Project employees pool will be available as per your needs and the employees on
site can start/stop projects as per your master project plan.
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14. Risk Based Internal Audit How we Do
Internal Auditing helps an organization
accomplish its objectives by bringing a Enterprise Risk
systematic, disciplined approach to evaluate Assessment
and improve the effectiveness of risk
management, control and governance
processes. Risk
Need of Organizations
Source: The Institute of Internal Auditors 1999 (IIA) Assessment
Process
Reviews
Fraud Benefits of Risk based Audit
Mitigation
• Traditional audit view value added
Control techniques
Reviews •Risk profile of Businesses
•Internal Controls & Ops Risk reviews
Transaction •Cost reductions recommendations
Audit •Review of Fraud Risk Controls
Increasing Enterprise Risk Focus
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15. Our Solution for Fraud Investigation How we Do
Based on our understanding of your requirements, we have customized a package of our
solution offerings to meet your needs.
To detect and prevent fraud Our Solution For you
and evaluate Code Of Benefits To You
Conduct Compliance on
following parameters :  Protects you from any
 Fraud Detection Resolve Monetary or Reputation
damage
 Fraudulent Vendor Investigate Prioritize
 Recruiting new dealers, solutions and
remedial  Code of conduct
suppliers, franchisees or Analyze measures
Source Root establishment
distributors cause of
Problem
 Anti-Fraud Measures Understanding
Your Supply
 Enables you to identify
Quantify Loss
 Monitoring Compliance and Aut Chain and Suggest risks / control gaps
possible Actions
horization Obtaining And
securing
Evidence  Helps you identify any
 Workplace Practice
To Monitor Your undisclosed production
 Background check for Process Solve
Compliances
employees Issues
 Risk Mitigation
Confidential
 Background check for Interviews
with vendors
customers
Evaluating your
need
 Prevent default of high value
bills
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16. IT Governance How we Do
IS AUDIT
• Operating Systems Audit
• Database Audit
• Networking Audit IT GOVERNANCE
• Firewall Audit • COBIT
• IDS Audit • ValIT
• Web Application, Data Center Audit • Balanced Scorecard
• Internet Banking, Core Banking Audit • IT & Business Maturity Models
• Performance & Forensic Auditing
•Application Systems - Functional review
• Compliance with IS Policies & Procedures
IT ASSURANCE
• Business Continuity Planning
• Computer Crime Investigations
INFORMATION SECURITY • Training in IT
• Penetration Testing • Compliance with IS Policies &
• Application Systems - Security review Procedures
• Review of IS Controls
• BS 7799 / (ISO 27001) Implémentation
• Formation of IS Security Policy
• Compliance with IS Policies & Procedures
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17. Riskpro Training Credentials - Example
Company Training Details
 One Day Fraud Risk Training in the Factoring Business
 In-depth understanding of fraud schemes, fraud prevention measures
 One Day Risk Management Training / ISO 31000 Training
 Enterprise Risk Management Training with a focus on Strategic Risk,
Reputation Risk and Outsourcing Risk
 One Day intensive Enterprise Risk Management Training at Sanand,
Gujarat
 Training Led by Ex Head – Corporate Risk Management Larsen & Toubro
 Half day session on Managing Corporate Governance Risks at the Board
level
 Similar trainings and programs at other public forums such as
ASSOCHAM
 Half Day training on Key Risk Indicators at Corporate Office
 How to successfully choose effective KRI and implement leading and
lagging KRI
 One Day training on Corporate Fraud Risks at the Company’s offsite
 Numerous case studies and interactive sessions
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18. Riskpro Clients Our Clients
Banking/
Insurance
Corporate
MNC
Banking
Intl
Consulting
IT / Others
*Any trademarks or logos used throughout this presentation are the property of their respective owners
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19. Team Experiences Our Experiences
Our team members have worked at world class Companies
Any trademarks or logos used throughout this presentation are the property of their
respective owners
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20. RESUMES – Our team Credentials
 Co-Founder - Riskpro
 CA, CPA, MBA-Finance (USA), FRM (GARP)
Manoj Jain
 Over 10 years international experience – 6 years in Bahrain and 4 years USA
 15 years exp in risk management consulting and internal audits, Specialization in
Operational Risk, Basel II, Sox and Control design
 Worked for Ernst & Young (Bahrain), Arab Investment Company (Bahrain),
Navigant Consulting(USA), Kotak Mahindra Bank (India) and Credit Suisse(India)
 Sox Compliance project for Fannie Mae, USA ( $900+ Billion Mortgage Company)
 Co- Founder - Riskpro
 CA (India), MBA (Netherlands), CIA (USA)
Rahul Bhan
 Over 15 years of extensive internal and external audit experience in India and
abroad.
 Worked with KPMG United Arab Emirates, PKF South Africa, Ernst and Young
Kuwait, Deloitte Netherlands and KPMG India.
 Worked with clients in a wide variety of industries and countries including trading,
retail and consumer goods, NGO, manufacturing and banking and finance. Major
clients include banks, investment companies, manufacturing organizations,
aviation etc.
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21. RESUMES - Our team Credentials
 Co-Founder - Riskpro
Casper Abraham
 PGD (Electrical & Electronics & Computer Programming)
 30 years of experience in Information & Communications Technology (ICT) Solutions
for Retail, Garments, Manufacturing, Services Industries.
 Has created Companies, Divisions, Products, Brands, Teams & Markets.
 Consulting in Business, Technology, Marketing & Sales & Strategic Planning.
 Advisory, Training, Workshops & Implementation in Systems Thinking, Systems
Modeling & Balanced Scorecard
 Worked with TIFR, Mahindra, Ambience, Communico-Graphique & Ionidea Inc, USA,
 Senior Vice President – Risk Management (Fraud Risk, BFSI)
 MBA, PDFM, NSE-NCFM, PMP, CSSGB,Trained ISO 9001:2000 I.A
Hemant Seigell
 Professional with 17 years of rich experience into diverse Consumer finance/ Lending
operations ,Risk Management,BPMS, Consumer Banking, NBFC, Management Consulting &
Housing finance in BFSI industry having successfully led key business strategic
engagements across multi-product environment in APAC, Australia and US regions.
 Worked with GE, ABN AMRO Bank, Citigroup, Accenture, Deutsche Postbank
 Highly skilled and expert Trainer in Fraud Risk areas across Credit, Corporate Risk
management.
 Specializes in Fraud Control, Compliance QA ,ERM and Regulatory governance.
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22. RESUMES - Our team Credentials
 Head – Taxation Risk Advisory
Rajesh Jhalani
 B.Com, FCA
 Senior Partner with 48 year old Delhi based Chartered Accountant firm, Mehrotra
and Mehrotra
 Over 19 years of experience in the field of Audit, Taxation, Company law matters.
 Major clients served are NTPC, BHEL, Bank of India, PNB, Airport Authority of
India etc.
President – Banking & Financial Services
 A senior researcher in Applied Mathematics leading to Ph.D after MSc (Mathematics),
Sivaramakrishnan
CWA, CAIIB
 Combined experience of 25+ years in corporate banking, risk management,
international trade finance, development of risk rating models, project finance, credit
monitoring and NPA management
 Since 2006 conducting open / in-house training on the above domains to all Top
public/ new and old private sector banks, top MNC banks (India and abroad), leading
NBFCs and corporates in manufacturing and financial services space; Worked on IFC
(World Bank) funded projects for MSMEs in India and abroad
 Worked for Bank of Baroda and ICICI Bank – bestowed Top Performer Award
continuously two years during his tenure; widely travelled abroad for business
relations, seminars, offering training, investor meetings, NYSE listing and for
processes involving establishment of representative Office in USA
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23. RESUMES - Our team Credentials
 Vice President & Head – IT Risk Advisory
Ravikiran Bhandari
 Over 14+ Years of Experience in Information Security and Risk Management & CISM
certified
 Headed the Global Information Security team of Daimler (Mercedes-Benz) Worldwide at
Bangalore for 9 years, previously worked at organization like Wipro, Bangalore Labs
 Multi-sector experience including Banking, Insurance, Finance, Energy, Manufacturing,
Retail, Hi-Tech & Telecom, and Automobile
 Well known Ethical hacker: Was featured in BusinessWorld Magazine in an article about
leading ethical hackers in India and published several articles in Print and Online Media
 Rich experience in Information Security Audits across Corporations, 3rd Party Suppliers, Joint
Ventures across several countries in the world including US, UK, China, Germany
Vice President – Legal Risk Advisory
Aashish Shrivastav

 B.B.A. LL.B. (Hons.)
 About half a decade experience in legal services to client’s with respect to Contract
and Commercial Laws, Joint Ventures, Inbound & Outbound Investments, Private
Equity Investment Transactions, Real Estate & Infrastructure, Energy and General
Corporate.
 Have advised various social enterprises and start ups in setting up business in
India.
 Worked for the leading law firms of India such as FoxMandal Little.
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24. RESUMES - Our team Credentials
 Vice President – Riskpro India
Phanindra Prakash
 FCA [India], ACMA [India], CFE [USA], CertIFRS [UK]
 Over 16 years of extensive consulting experience which includes financial & systems audit,
process transformation, implementation of internal controls, SOX compliance, fraud audits
& due diligence, US-India taxation
 Engaged in consulting roles as trusted advisor to finance, internal audit and information
technology executives of multiple Fortune 1000 companies with project sites in US,
Canada, Europe & Asia
 Worked with E&Y and Deloitte Consulting in USA
 Some of the major clients served internationally are GE Capital, UBS, McKesson, Eaton,
Imation, Albertsons,
 EVP and Head – Telecom Risk Advisory
 M.Tech, IIT Kharagpur, India; IES; Doctoral study, research and teaching in Linkoping
University/Sweden; Lead Auditor (BVQI).
Asok Sit
 Over 30 years on International experience in networks and mobile Handsets from top
global companies /institutes like ISRO, Ericsson, Nokia, Nokia Siemens Networks and
based mostly in its head quarter locations in India, EU, USA.
 Expertise: Setting up capability, behaviour, culture in turning Risk, Quality, Innovation for
competitive advantage, customer delight and sustainability; key skill sets are Engagement,
Handholding, Coaching, Mentoring and lot of best practices, benchmarking/standards like
CMMI, TL9000, Six Sigma, ISO, SAS 70 etc.
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25. RESUMES - Our team Credentials
Executive Vice President – Risk Management ( Banking & Financial Services)
Vijayan Govindarajan
 Professional Risk Manager with considerable domestic and international experience
 An aggregate experience of 30 + years across industry, mainly Banking in several
functional areas including Wholesale Credit Risk, Operational Risk, Trade Finance ,
Retail Banking and Islamic Financial Services.
 Track record of setting up of excellence in the set-up, and management of credit and
operational risk, compliance and credit administration functions in retail, commercial ,
Islamic Banking and offshore banking entities in the Middle East.
 Key strength includes Corporate Credits, Risk Management in IT, implementation of
Risk Management module in core banking Bank’s Policies, procedures, Country Risk.
Played an active role in 3 core banking software implementations
 Worked for a Private Sector Bank in India, ABN AMRO Bank, Bahrain, Bank Muscat
Bahrain and BMI Bank Bahrain as AGM Risk Management.
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26. RESUMES - Our team Credentials
 Executive Vice President – Riskpro India
Siddhartha Ghosh
 CPA (USA), ACA, ACS, Grad CWA (India), MBA (USA), Associate ICPAS (Singapore)
 Over 25 years of extensive audit and industry experience which includes 19 years with
Rolls-Royce India Pvt Ltd at New Delhi and its associate and parent companies of Rolls-
Royce in UK, USA and Singapore in all aspects of Finance, Taxation, Audit, Banking, Legal,
Company Secretarial, Statutory compliances and due diligence, Internal Control, ESOP,
Budgets, Cashflows, Forecasts, MIS Reporting, HR, Expatriate & Office Administration,
Payroll, IT, Retirement Funds Administration, Shared Services, Project Accounts, etc.
 Worked with Price Waterhouse Coopers for 4 years with reputed MNCs, banks, Indian
corporate houses
 Worked with McNally Bharat Engineering Company Ltd for 4 years
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27. Key Contacts
Corporate Mumbai Delhi Bangalore
Riskpro India Ventures (P) Manoj Jain Rahul Bhan Casper Abraham
Limited Director Director Director
M- 98337 67114 M- 99680 05042 M- 98450 61870
info@riskpro.in manoj.jain@riskpro.in rahul.bhan@riskpro.in casper.abraham@riskpro.in
www.riskpro.in
Shriram Gokte Hemant Seigell Vijayan Govindarajan
EVP - Risk Management SVP – Risk Management EVP – Risk Management
C 561, Defence colony M- 99536 97905 M- 99166 63652
M- 98209 94063
New Delhi 110024 shriram.gokte@riskpro.in hemant.seigell@riskpro.in vijayan.govindarajan@riskpro.in
Sivaramakrishnan Ravikiran Bhandari VP – IT
President – Banking & FS Risk Advisory
M- 98690 19311 M- 99001 69562
smaran.iyer@riskpro.in ravikiran.bhandari@riskpro.in
Ghaziabad / Noida Chennai Kolkata Gurgaon
Siddhartha Ghosh R. Muralidharan Kashi Banerjee Nilesh Bhatia
EVP - Finance EVP – Risk Management EVP – Risk Management Head – Human Capital Mgt.
M- 9810058072 M- 95660 77326 M- 98304 75375 M- 98182 93434
Siddhartha.Ghosh@riskpro.in murali@riskpro.in kashi.banerjee@riskpro.in nilesh.bhatia@riskpro.in
R Gupta - Insurance Risk Asok Sit
M- 98101 07387 EVP – Telecom Risk Advisory
M- 98105 03463
asok.sit@riskpro.in
Pune Salem Ahmedabad Hyderabad / Agra
M.L. Jain Chandrasekeran Maulik Manakiwala Phanindra Prakash (Hyderabad)
Principal – Strategy Risk Recruitment franchisee Member Firm Member Firm
M- 98220 11987 M – 94435 99132 M – 98256 40046 M- 95500 61616
mljain@riskpro.in
Gourav Ladha Alok Kumar Agarwal (Agra)
Sap 27
Risk Advisory Member Firm
M- 97129 52955 M- 99971 65253