The Federation of European Risk Management Association (FERMA) has elected Charlotte Hedemark as its next president. Her election was announced during the meeting of the FERMA board following the Annual General Assembly in Brussels on 27 June. Hedemark’s tenure as president will commence on 17 October. She will succeed the current president Dirk Wegner following the completion of his four-year term. Hedemark is a risk management expert at SAP and currently serves as vice president and board member of FERMA. She has more than 15 years of global risk and assurance experience at SAP. Prior to joining SAP, Hedemark was a risk manager at IBM Denmark for four years. Commenting on her new role, Hedemark says: “During a period of unprecedented challenges for corporations across Europe, the criticality of FERMA’s role in representing the interests of its member associations and raising the profile of the risk profession has never been greater. “In my [new] role, I will work to ensure FERMA continues to be a rallying point for our members as we all strive to be risk leaders.”