Each region has a distinct risk landscape, and risk management strategies are adapted to these local and regional challenges. Organizations operating globally must integrate these regional considerations into their broader risk management frameworks to ensure resilience and compliance across all markets.
Benefits of Regional Corporate Risk Management:
Tailored Expertise: Regional firms or teams offer localized knowledge, which can be more effective in addressing specific risks compared to a one-size-fits-all global approach.
Cost-Effective Solutions: By focusing on local risks, organizations can optimize their risk management strategies, potentially saving costs associated with unnecessary global-scale solutions.
Faster Response Times: A regional risk management firm can quickly respond to crises due to its proximity and knowledge of local conditions.
EMEA
Award Winning
- Best in Class Cash flow forecasting: Enhanced processes, increased efficiency, accuracy and visibility.
- Best in Class Transactional and Digital transformation Solution.
- Best in Class Foreign Exchange Solution. FX Policy Framework and integrated Technology.
The EMEA region is highly diverse, encompassing developed economies in Europe, emerging markets in Africa, and politically complex environments in the Middle East. This diversity drives the need for tailored risk management approaches in each sub-region. Below is a summary of the key corporate risk management practices in EMEA:
Europe: Strong focus on regulatory compliance (GDPR, environmental laws) and ESG integration. Companies in Europe emphasize political risk monitoring, currency risk management, and comprehensive cybersecurity strategies.
Middle East: Risk management practices focus on mitigating geopolitical risks, regulatory uncertainties, and economic volatility driven by oil prices. Political risk insurance and business continuity planning are widely adopted.
Africa: Businesses often face challenges related to political instability, underdeveloped infrastructure, and regulatory ambiguity. Risk management in Africa emphasizes political risk insurance, currency risk management, and developing partnerships with local stakeholders to navigate regulatory environments.
North America
Award Winning
- Best in class cash Foreign Exchange Solution – Industry and rules based approach.
In North America, encompassing the U.S., Canada, and Mexico, corporate risk management practices focus heavily on regulatory compliance, cybersecurity, financial risks, and natural disasters. Given the region’s economic significance, companies prioritize strategies that ensure business continuity, compliance with complex regulations, and protection from evolving threats like cyberattacks.
United States: Highly focused on cybersecurity, regulatory compliance, and litigation risk management. The legal environment and complex federal and state regulations require businesses to prioritize compliance and financial transparency.
Canada: Like the U.S. in many respects, with a strong emphasis on data privacy and environmental regulations. Canadian companies also face growing concerns around climate risk and sustainability.
Mexico: Risk management practices focus on regulatory compliance in labour laws and trade regulations (especially under USMCA). Political risks and corruption also shape the risk landscape for companies operating in Mexico.
Asia Pacific
Award Winning
- Best in Class Foreign Exchange Rules Based benchmarking and Financial Risk Solutions.
The Asia-Pacific (APAC) region, which includes countries like China, Japan, India, Australia, and Southeast Asia, is characterized by diverse economic environments, regulatory frameworks, and risk exposures. Corporate risk management practices in APAC focus on navigating complex supply chains, managing geopolitical risks, and addressing the region’s vulnerability to natural disasters and climate change.
APAC is a key global manufacturing hub, making it highly vulnerable to supply chain risks. Disruptions from the COVID-19 pandemic, geopolitical conflicts, or environmental disasters have led to increased scrutiny of supply chain resilience. Other significant risk in the region include: Natural Disasters and Climate Risks, Climate change, Geopolitical and Trade Risks: U.S.-China trade tensions, Regulatory Risks, and Data privacy regulations. In addition, Companies are also facing rising costs and shifts in trade policies,
I am pleased to recommend Erik. During our time working together, Erik expertly transitioned complex projects from planning to successful execution, showing a keen ability to manage both strategic initiatives and detailed financial analyses. His proactive approach in identifying potential risks and developing mitigation strategies greatly benefited our team and our clients.
Joakim Lidbark
Former Global Head of CitiFX Client Solutions
I had the pleasure of working with Erik on several high-level CFO and board projects, spanning capital risk, foreign exchange, global policy, and treasury transformation . His depth of knowledge and keen understanding of corporate priorities are unmatched. Erik’s forward-thinking approach to potential risks, coupled with his adaptability to industry and company-specific nuances, sets him apart. He is also an outstanding communicator, able to connect effectively at all levels of an organization.
Nick Pedersen,
Global Head of Digital – NatWest
I have known and collaborated with Erik Johnson for over 25 years, beginning with our roles as regional treasury heads at Siemens—Erik in Hong Kong and myself in New York. Together, we were responsible for designing, streamlining, and implementing customized processes and protocols aimed at clarifying and managing complex corporate risk profiles across various asset classes, including interest rates, foreign exchange, credit, and commodities. This work ensured alignment with company objectives and risk management practices. Over the years, we have frequently partnered on global hedging strategies for corporate clients. Erik has dedicated his career to advancing the field of treasury risk management, demonstrating an exceptional commitment to deep understanding, integrity, and high professional standards.
Mark Cipollina,
Former CFO Siemens Capital U.S.
I have collaborated with Erik on multiple global risk management C-suite initiatives over many years with several different corporates. His extensive experience as a corporate treasurer provided him with a deep understanding of our needs across various operational areas. Erik delivered a comprehensive policy and risk management framework that aligned with our objectives, while adhering to industry best-in-class practices. His proactive and strategic approach to identifying and addressing risks, combined with his forward-looking insight and ability to embed technology into both current and future needs, sets him apart. I highly recommend him.
Ciaran Fegan, CFA
Senior Director, FX Risk Management & Treasury Strategic Projects at Viatris
I have had the privilege of knowing Erik for nearly 30 years. During this time, and in my previous capacity as the head of foreign exchange trading at leading global financial institutions in the Asia-Pacific region, I have been consistently impressed by Erik’s extensive experience in global risk management and his deep understanding of financial markets across multiple asset classes. Erik displays a disciplined approach to risk management, spanning both emerging and developed markets, and stands out as an industry leader. His strong grasp of macroeconomic themes and expertise in financial risk modeling, allow him to translate complex data into practical, effective risk management solutions that consistently deliver value for his firm and their clients. I am confident in recommending Erik for roles requiring strong leadership, strategic vision, and deep expertise in financial markets and risk management.
Christopher de la Hoyde
Former Head of Foreign Exchange Asia Pacific at RBS
Get in Touch
Our team is here to guide you through the complexities of Risk Management.
Contact us today to learn more.