FAMCO Hosts Risk Management Forum on Digital ERM in Karachi

The forum introduced advanced risk

management tools, aimed at enhancing real-time

risk visibility, improving internal audit automation

Business Reporter

Karachi: FAMCO Associates, one of Pakistan’s oldest and most reputable management consulting firms, successfully concluded the Executive Risk Management Forum 2025 in Karachi. Held in collaboration with TransVare® Corporation USA, the exclusive event gathered C-level executives and senior leaders from across the country to explore Digital Transformation in Enterprise Risk Management (ERM) and Internal Control & Audit.

The forum introduced advanced risk management tools developed by TransVare, aimed at enhancing real-time risk visibility, improving internal audit automation, and strengthening regulatory compliance in line with IMF-SOE Governance Framework, COSO, and ISO 31000 standards.

Empowering Enterprises Through Digital ERM Tools

These cutting-edge tools help organizations automate risk assessments, streamline audit functions, and increase compliance tracking efficiency. By integrating advanced analytics, companies can now interpret large datasets, identify trends, and make informed, proactive decisions. The scalable solutions support risk strategy evolution and long-term sustainability while reducing operational costs.

Event Highlights

• Digital ERM Transformation Session: Arif Siddique, Associate Director at FAMCO Associates, presented a session outlining the global alignment of digital tools for ERM and internal audits.
• Keynote by PSX Director: Mr. Ahmed Chinoy, Director of the Pakistan Stock Exchange, emphasized the critical role of internal audit in strengthening enterprise risk management, particularly in State-Owned Enterprises (SOEs) and listed companies. He underscored that adopting automation tools improves governance, control mechanisms, and organizational resilience.
• Live Demos: Attendees witnessed live demonstrations of automation tools purpose-built for ERM and internal audit.
• Networking and Collaboration: The forum provided valuable networking opportunities for top-level executives, enabling future collaborations.
• Productive Lunch Session: Participants engaged in discussions focused on aligning their risk practices with IMF SOE Guidelines and future-proofing their organizations.

FAMCO Reinforces Commitment to Corporate Governance

“We are thrilled with the turnout and engagement at the Executive Risk Management Forum,” said Noman Siddiqui, CEO of FAMCO Associates. “The insights shared reflect a strong commitment across Pakistan’s corporate sector toward embracing digital transformation and improving governance standards.”

FAMCO Associates extended its sincere appreciation to all speakers, attendees, and partners who made the event a success. The firm looks forward to continued collaboration in building a more resilient and transparent corporate landscape in Pakistan.