How a structured BIA aligned business continuity management with Gallaher's strategic objectives

Author's Biography

Stuart Selden MBA ACII ACIS, is manager of the business risk consulting group of FM Global, a unique commercial and industrial property insurer that helps safeguard its clients’ businesses through cost-effective insurance coverage, risk transfer solutions and loss prevention research and engineering. The business risk consulting group works closely with clients to develop a better understanding of their business model, identify and quantify potential exposures and provide appropriate business continuity strategies and solutions.

Stephen Perks MIIA FIIA, a qualified internal auditor and a fellow of the UK’s Institute of Internal Auditors, is head of group risk assurance at Gallaher Group plc. This is made up of two distinct strands: internal audit and governance. Internal audit performs financial, operational and information systems (IS) reviews. The governance strand manages the Gallaher’s insurance portfolio, risk management process, control risk self-assessment (CRSA) and Sarbanes-Oxley programme. The governance output is dovetailed with the internal audit activity and vice versa, to provide Gallaher’s board with an efficient and effective groupwide assurance process. This model augments Gallaher’s ability to satisfy corporate governance requirements as well as ensuring business continuity objectives are aligned with its strategic goals.