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By Way2k Way2k
Way2k 7 Dec 2012
NCDEX to train execs with IIM-A help

National Commodity and Derivates Exchange (NCDEX) has collaborated with Indian Institute of Management, Ahmedabad (IIM-A) to offer a management programme for senior executives on Commodity Risk Management, from December 7-9, 2012 at the IIM-A campus.

The programme throws light on how corporates and commodity value chain participants can successfully navigate the current commodity market situation by embedding effective risk management throughout their organizations

 NCDEX to train execs with IIM A help

This programme will provide senior management an exposure on the nature and extent of such risks at their firms and the tools that enable these risks to be managed effectively.
The focus of the program will be to take cognizance of the risks and enable the establishment of appropriate risk policy that can lay down the level of exposures permitted at an operating level, with necessary controls and reports to ensure the same.
M. K. Ananda Kumar, chief-corporate services says, we have received an encouraging response from the industry. This strengthens our resolve to intensify these education efforts, which will not only create awareness about the need to hedge commodity risks but also build capacities in understanding how hedging can be done through commodity futures exchange.

Courtesy: Times of India

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