Session at a Glance
Title:

505: Exploring the Upside of Managing Risk for an Organization

Speaker: Mike Soegtrop/Vaike Murusalu
Stream: Practice and Principles
Time: 9:45 - 10:45 AM (EST)
   
Description
Business resilience during disasters is becoming more than the ability to take a hit and keep going. This panel discussion will present and compare the best practices that have a dual capability of ensuring business resilience; yet also allow each business to exploit the upside opportunities of mitigating risk and reducing costs.
 
Speaker Bio
Mike is a Board member and Fellow of The Business Continuity Institute. The Institute has 4,000 members worldwide. He is also the Canadian Chapter President and a member of the Canadian Standards Association’s Z1600 Technical Committee on Emergency Management and Business Continuity Standard.

His ten years of private sector experience includes PricewaterhouseCoopers and two Canadian national banks (CIBC and BMO Financial Group). He has travelled to New York, Chicago, Winnipeg and Bermuda on business continuity projects in the financial, insurance, retail and telecom industries

Mike also has twenty years of emergency management experiences as the former Director of Specialized Services for Toronto’s Emergency Medical Services. With over thirty years of experience, Mike has developed a broad set of risk and disaster management tools and speaking at risk management, emergency and disaster conferences.

Co-Speaker Bio
Vaike Murusalu is a chartered accountant, currently working at the Bank of Montreal where she is Vice President & Senior Operational Risk Officer in the Bank’s Enterprise Risk & Portfolio Management Group.

Previous to assuming this position she was an Assistant Chief Auditor within the Corporate Audit Division leading the operational risk auditing practice. Prior to that she worked at the CICA beginning with the Assurance Standards Board developing standards and guidelines for the chartered accounting profession. Later she worked with CICA’s Criteria of Control Board developing guidance on assessing and reporting on control, risk and governance. At that time, COSO and control frameworks were new concepts, not universally appreciated or understood, and consequently not applied extensively.

She is also a member of the Canadian Institute of Chartered Accountants Auditing and Assurance Standards Board which has the authority to set professional standards for the provision of assurance and related services in Canada.

Founded in 1817, BMO Financial Group is Canada’s first bank and one of the largest financial institutions in North America, offering clients a broad range of financial services in Canada and the United States. BMO Financial Group has diversified activities concentrated in retail banking, wealth management, and corporate and investment banking.