Alexander Larsen Wins Prestigious Risk Award in Dubai
Published on Sunday, October 9, 2016
Dubai - At the gala for the the MEA Risk and Insurance Excellence Awards run by StrategicRISK and Global Reinsurance, Alexander Larsen won the Risk Manager of the Year Award for Middle East and Africa for his achievements in risk management in an extremely volatile country. Mr. Larsen is responsible for risk and controls at Lukoil's West Qurna Project in Iraq.
The judges praised Mr. Larsen for “successfully implementing risk management processes in a very challenging environment in Iraq and overcoming a number of barriers which would have deterred many others”.
They added: “The result of his work and dedication is clearly demonstrated by the fact that there is now a risk management culture and understanding of risk within all levels of his organisation.”
The effectiveness of the risk processes at Larsen’s company Lukoil was further demonstrated when it also won the MEA Risk Communication Strategy of the Year Award for bringing together “the whole spectrum of risk processes across the organisation - from the implementation of a global risk database to the quantification and analysis of individual risks”.
For more information on the MEA Risk and Insurance Excellence Awards run by StrategicRISK and its sister publication Global Reinsurance please use the following address: http://www.strategic-risk-global.com/success-rewarded-at-mea-risk-and-insurance-excellence-awards/1419966.article.
Alexander Larsen, FIRM, is responsible for risk and controls at Lukoil's West Qurna Project in Iraq. He holds a degree in Risk Management from Glasgow Caledonian University and is a Fellow of the institute of Risk Management. He has over 12 years of experience within risk management across a wide range of sectors, including oil & gas, construction, utilities, finance and the public sector, and has considerable expertise in training and working with organizations to develop, enhance and embed their Enterprise Risk Management (ERM), Business Continuity Management (BCM), and Partnership Management processes.
Alexander spent the first half of his career in the UK working in senior risk consultancy roles in the UK with Marsh and Zurich before leaving to join Det Norske Veritas (DNV) in Malaysia and the United Arab Emirates with responsibility of developing their risk management services for the energy sector in Middle East & Asia.
Since leaving DNV he has worked in the Middle East in a variety of roles. Prior to joining Lukoil, where he currently works as Risk Manager for major projects an more recently operations, Alexander was at Saudi Aramco developing their ERM framework and also spent a couple of years developing and implementing Enterprise Risk Management (ERM) and Business Continuity Management (BCM) within Qatar Foundation.
Baldwin Global is an independent advisory group offering professional services, education and training in risk governance and enterprise risk management. We help our clients’ boards of directors and management teams attain their objectives by embedding sound risk oversight and management practices into their decision-making process to have a significant positive impact on their business.