Skip to main content

Lecturer Shares Top Award With Nobel Prize Winner

Professor Carol Alexander, Chair of Risk Management and Director of Research at the ICMA Centre, has won the Professional Risk Managers' International Association Higher Standard award for her contribution to the practise of risk management globally.

She shares this year's award with Dr Robert Merton, who won the Nobel Prize for Economics in 1997.

David Koenig, Executive Director of PRMIA, said: "In a recent tally, the Board members of the Professional Risk Managers' International Association and the Regional Directors from our sixty chapters around the world selected two international leaders to be honoured as the inaugural recipients of the PRMIA Higher Standard Award.

"The PRMIA Higher Standard award is granted to individuals who have significantly impacted the global practice of risk management, provided a substantial contribution to the Mission of PRMIA and its members, and who show an ongoing commitment to the highest standards of the profession.

"Professor Alexander's selection for this award was made from over one dozen nominees, all of whom you would recognize from their outstanding work.

"Her leadership of the Academic Advisory Council, and in particular, her incredible dedication to the creation of the Professional Risk Managers' Handbook has earned her even greater respect from our leadership, building upon her already well-established reputation in our industry.

"The PRM Handbook is now used in over 105 countries and at nearly every major financial institution. It is no doubt that her work has had a global impact on the advancement of understanding of finance and risk management and has been especially helpful to our association's members."

Professor Alexander said: "I am honoured to accept this award in recognition of my work on setting standards for the financial risk management profession, and helping individuals achieve the required standard. A proper education in risk management is hugely important to development not only of the individual, but of the company and the whole economy. PRMIA's mission is to make such education accessible globally and it is a great pleasure to help them achieve this goal."

Published 8 December 2006

You might also like

Industry Insights - Leadership and Performance Under Pressure with Matthew Whitfield

28 February 2020
Matthew Whitfield joined us at the ICMA Centre on the 12 February 2020 to discuss how to perform under pressure and talk about leadership.
Industry Insights reviews

ICMA Centre executive education contributes to Henley Business School Financial Times Ranking

17 May 2010
Henley Business School's position as a world-ranked provider of executive education has been confirmed by the results of the Financial Times Executive Education Ranking published 10 May 2010. This is the first year that the ICMA Centre has contributed to the Business School's entry.
Rankings news

School students take on the stock market in local Business School competition

13 July 2016
On Tuesday 5 July, the ICMA Centre at Henley Business School hosted its annual Stock Market Competition for year 12 school students interested in a career in business and finance. The competition took place in the ICMA Centre’s world-class dealing rooms and simulated a stock market trading room. Following an exciting day, Chris Briant and Yucel Hulusi from Wilmington Grammar School For Boys were crowned competition winners and awarded iPads and a trophy.