"Risk management in China, especially among banks and insurance companies, is evolving quickly. The adoption of an international standard like the PRM is recognition of the need for all financial institutions to conduct risk management practices at the highest international levels," said David R. Koenig, Executive Director of PRMIA.
"As the unique international leader in risk management certification, PRMIA is performing one of the most value-added certification programs for financial risk managers around the world, the PRM," said Prof. Dash Wu, Director of the RiskChina Research Center (RCRC). "It is really exciting and challenging to introduce these leading certification programs to emerging economy such as China. RCRC endorses the PRM designation and is wholeheartedly taking the initiatives."
The PRM certification is offered at over 125 testing centers across mainland China, making it the only international risk certification program available to all Chinese financial institutions.
"We are very interested in collaborating with PRMIA regarding these research and endorsement issues," Dean Zheng Qin, from School of Information Management and Engineering, Shanghai University of Finance & Economics noted, “we believe the collaboration is very positive and we are looking forward to the intangible contributions in this area."
"We are glad to join RiskChina Research Center and other university programs in China in the endorsement of the PRM certification as the global standard which leads to Chinese risk managers to behave more professionally", said Barry Zhou, Dean of the International School of Software Engineering Wuhan University.
"I am happy to join in the endorsement of the PRM certification. I believe this is very promising and look forward to our collaboration!" said Professor Zhu Donghua, the Associate Dean of School of Management and Economics and Director of Laboratory of Knowledge Discovery and Data Analysis at Beijing Institute of Technology.
The PRM certification is the highest standard for financial risk managers worldwide, counting candidates in more than 90 countries. It has been formally endorsed by the Hong Kong University of Science and Technology Business School, the National University of Singapore Centre for Financial Engineering, the University of Toronto Risk Lab, the University of Reading ICMA Centre, Technical University of Munich - HVB-Institute for Mathematical Finance, the Macquarie University Applied Finance Center, a consortium of faculty in Paris representing ESCP-EAP, HEC, Ecole Polytechnique, Sorbonne and Université Paris Dauphine and Dr. Linda Kreitzmann, the Director of the Masters in Financial Engineering Program, Haas School of Business, University of California at Berkeley.
In addition, several leading service providers to the financial services industry have publicly endorsed the program including SunGard Trading and Risk, Algorithmics, The Canadian Securities Institute, Lombard Risk and MB Risk Management.
