Ghana Airports emerges best ERM complaint institution

The Ghana Airports Company Limited (GACL) has been adjudged the best enterprise risk management (ERM) compliant institution in the state-owned enterprises category for the 2022-2023 auditing year by the Internal Audit Agency (IAA).

The award was presented during the 2023 Internal Audit Conference held at the University of Professional Studies, Accra on Friday, September 15, 2023.

Enterprise Risk Management is the process of identifying, analysing, managing and monitoring current and emerging risks in an integrated way across the breadth of the enterprise.

It provides the methodology for integrating risk into the 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.

The Managing Director (MD) of GACL, Pamela Djamson -Tettey, in an interview after the event in Accra said “We deem it a great privilege to receive this recognition from the Internal Audit Agency.

“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 said for an industry that thrives on safety, GACL prioritises risk management and continuously updates its risk register to reflect current trends.

He said the award would undoubtedly spur the team on to ensure that enterprise risk management was embedded in all facets of the organization.