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| When risk management meets reality
Thematic Journal, April 2026 |
| Who we areRisk Society is a knowledge co-production platform to bridge the gap between academic research, policy development, and real-world applications through fostering collaborative dialogue and interdisciplinary exchange. Risk Society is a network of leading experts united to share their insights to strategically steer the management of upfront complexities, deliver public values, and ensure societal resilience through risk thinking and anticipatory governance. |
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| Interview with Fabrizio Balda, Chief Risk Officer at the République et Canton de Genève carried out by Magda Stepanyan, Founder & CEO at Risk Society
Fabrizio Balda has over 25 years’ experience in risk, safety and business continuity management.
He has held various positions in these domains during his previous working experiences at CERN, Skyguide and IATA. He has a master’s degree in nuclear engineering and an Executive MBA.
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Cognitive biases in risk management: understanding our limitations to make better decisions
Pierre Lauquin, Head of ERM and BCM for the 1st Pillar, Swiss Confederation.
Risk management is often presented as a rational, structured, almost mathematical discipline. Organisations produce matrices, maps and mitigation plans, and present a picture of a well-controlled mechanism.
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| The discipline ERM is still missing: variance analysis in risk forecasting
Maya Shaham-Wellig is a senior Risk and Finance director with over 20 years of experience in Health Care and Consumer goods.
In finance, no one would dream of forecasting performance without later comparing it to actual results. Variance analysis is non-negotiable; it is how organizations learn, recalibrate, and improve.
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Quantitative Approach: Adding Substantial Value to Enterprise Risk Management
Joachim Schulte has more than 20 years of experience in risk management.
Enterprise Risk Management (ERM) has made significant progress in governance, process, and culture, yet in many organizations the analytical core remains predominantly qualitative.
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| What are the synergies between risk management, crisis management and business continuity management?
Bruno Parnet is responsible for global risk management at Audemars Piguet, Swiss watchmaking company.
Risk Management anticipates disruption, Crisis Management governs exceptional response and Business Continuity Management sustains operations.
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CONTACT US
info@risk-society.com
Fabrizio Balda, Chief Risk Officer at the République et Canton de Genève Guest Editor, April, 2026
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