The Risk Management Society (RIMS) has hired Soraya Wright, formerly the founder and chief risk officer of SMW Risk Management Consulting, as RIMS vice president of strategic initiatives. Wright started the role on 4 January, succeeding Carol Fox, who recently announced her retirement from the position. Fox will support Wright through the transition process. Reporting to RIMS CEO Mary Roth, Wright is responsible for helping to identify trends, assessing the viability of new initiatives and evaluating existing ones to ensure growth and sustainability. In 2017, Wright founded SMW Risk Management Consulting, serving as the company’s CEO and chief risk officer. The consulting firm focused on supporting the development of integrated risk management strategies, including enterprise risk management (ERM), to address global and emerging risks. Prior to SMW, she was the vice-president enterprise risk management for Target where her leadership responsibility included building the company’s post-breach risk management capabilities, spearheading the development of an ERM framework and designing governance structures. Fox joined the RIMS staff in 2010 after chairing several committees and serving on the RIMS’ board of directors for numerous years. As an executive, she spearheaded RIMS’ emphasis on applied risk management practices distinguishing its approaches to enterprise and strategic risk management as organisational disciplines, by influencing risk management standards and practices, and by contributing to the advancement of risk management as a profession. Wright says: “The power of RIMS really is it’s network; an expansive community of motivated risk professionals, from different backgrounds and with different experiences who are unified by their commitment to professional advancement.” “I am beyond proud to join this prestigious institution, to build on the work of Carol Fox and the RIMS team, and to not only help guide RIMS’ strategy, but to also create opportunities for the global risk management community to contribute to its evolution,” she adds. Recently, RIMS appointed Ellen Dunkin as president for the 2021 term.
