THE PRMIA INSTITUTE ANNOUNCES FORMATION OF PRMIA INSTITUTE - CHINA

14 February 2007

The PRMIA Institute has formed a partnership with the RiskChina Research Center and several university programs in China to launch the PRMIA Institute – China.

The focus of this partnership will be the provision of training programs in China that feature leading international faculty as well as the top faculty from Chinese universities, the support of academic work at these institutions and the enhanced availability of publications and research serving Chinese risk management professionals.

The RiskChina Research Center is an institution affiliated with RiskLab from University of Toronto and jointly sponsored by Shanghai University of Finance and Economics. In addition to the RiskChina Research Center, the PRMIA Institute – China will work with the Shenzhen Institute of Advanced Technology, Chinese Academy of Sciences, the International School of Software Engineering Wuhan University and Shanghai University of Finance and Economics.

“We are thrilled to see the growth of the PRMIA Institute partnerships to mainland China and are especially pleased that Prof. Dash Wu will bring his leadership and academic expertise to the PRMIA Institute – China,” said David R. Koenig, President of the PRMIA Institute. “There is a vast demand for professional development programs for risk managers and the PRMIA Institute – China looks forward to serving the local needs.”

“There is no security on this earth, only opportunity,” said Prof. Dash Wu, Director of RiskChina Research Center and Adjunct Professor of Shanghai University of Finance and Economics “Joining the PRMIA Institute partnership, we are winning these opportunities.”

The PRMIA Institute is an international cooperative effort between the Professional Risk Managers’ International Association and leading university programs around the world. Current partners include the Columbia Business School, the Hong Kong University of Science and Technology Business School, the National University of Singapore Centre for Financial Engineering, the University of Toronto Risk Lab, the University of Reading ICMA Centre, Technical University of Munich - HVB-Institute for Mathematical Finance, the Macquarie University Applied Finance Center, Groupe HEC Business School, George Washington University’s MS in Finance program, the University of Michigan College of Engineering, the University of Cyprus Center for Banking and Financial Research. In addition, of the Masters in Financial Engineering Program, Haas School of Business, University of California at Berkeley is represented by ! Dr. Linda Kreitzmann, its Director.

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