Free - €1,800
In-person
18 CPD Units | 18 Hours
HRDA Subsidised
The programme is approved by the Cyprus Human Resource Development Authority (HRDA) as a Vital Importance training programme. HRDA Vital Importance programme fees are fully subsidised by the HRDA for up to three (3) eligible participants per business entity.
Course Overview
This 18-hour programme - comprising 14 hours of classroom training and 4 hours of inhouse training - aims to equip senior professionals with advanced knowledge and skills to transform risk management practices into a proactive, technology-driven approach that will enable them to identify, assess, and mitigate risks, enhance organisational resilience, and drive sustainable growth.
In today's rapidly evolving business environment, where organisations face a complex and ever-changing risk landscape, this has become critical. Traditional risk management approaches, relying solely on reactive measures, are no longer sufficient to protect businesses from emerging threats.
By participating in this training programme, senior executives will gain the insights and skills needed to position their organisations at the forefront of risk management practices, ensuring long-term success and resilience in the face of increasing uncertainty and complexity.
The Programme Learning Areas
A detailed programme outline, its objectives and learning outcomes are noted on the programme’s Training Schedule (clickable).
Who Should Attend
The programme is ideal for:
CEOs, CFOs, COOs, and CROs (Chief Risk Officers)
CTOs and CIOs interested in leveraging technology for risk management
Directors and heads of risk management departments
Senior managers responsible for strategic planning and decision-making
Heads and Managers of Risk, Compliance and Internal Audit
Decision makers
Training Style
The programme is interactive in nature and participants will be actively involved, using their own experiences and challenges to reinforce and adapt the new knowledge and skills to their own reality, as well as examples, case studies, tools and simulations.
The use of assessments, tools and reflective exercises will also allow participants to increase their awareness and provide opportunity for reflection and discussion.
The training sessions will combine elements of PowerPoint presentations, open discussions, case studies, audio/visual material and experiential exercises/tools.
In-house Training /Advisory Session
Upon completing the 14-hour in-class training programme, participants will engage in a tailored 4-hour in-house session offering focused guidance, advice, and training to address the specific needs and challenges of both the participants and their organisation. They will have the opportunity to apply the innovative risk management concepts learned in the classroom to their specific organisational context.
The session will be practical and hands-on during which participants will be able to create a customised action plan for implementing innovative risk management practices, addressing their organisation's specific challenges and leveraging emerging technologies to enhance risk prediction and mitigation strategies. They will work collaboratively to develop a tailored risk management framework, focusing on their company's unique risk landscape. Participants will use advanced tools and techniques, to identify and assess key risks.
Finally, after the completion of the in-house session, the trainer will prepare a report outlining the approach followed, the topics examined, key findings, and tailored recommendations for the organisation.
CPD Recognition
This programme may be approved for up to 18 CPD units in Risk. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies with which you hold membership.
Antonios Karpasitis
Antonis has over 40 years of international professional experience in non-life and life insurance with specialization in construction and large infrastructure projects insurance programs. Managed the insurance programs of multi-million-dollar projects such as airports, highways, sports centres, housing complexes, dams residential and office buildings etc. in the UAE, Saudi Arabia, Libya and Cyprus. He has over twenty years of life insurance general management experience in Cyprus and Central Europe with large multinational insurers. Holds a bachelor’s degree in business from SUNY and an Executive Development Diploma from the Wharton School of the University of Pennsylvania. He holds the title of Chartered Insurer, he is Associate in Risk Management with the Insurance Institute of America, and a Fellow of the Life Management Institute. He is a certified risk management professional with the Federation of European Risk Management Associations (FERMA) and a PECB certified ISO 31000 Lead Risk Manager. He is also a certified trainer with the Human Resources Development Authority (AnAD) of Cyprus.
The invoice is issued on the day the course starts.
Payments can be made by bank transfer, cheque, or credit card.
Certificates are issued within 7–10 days after the course has been completed, provided that the invoice has been paid.
Once your certificate has been issued, you will receive an automated email from Cademy notifying you that it is available.
Click the Get Your Certificate button in the email to download your certificate.
You can also access it from your Cademy account:
To access the course materials, such as presentations and recordings:
The Human Resource Development Authority (HRDA) of Cyprus is a semi-government governmental organisation that supports the development of workforce skills through training and development initiatives. Eligible training programmes approved by the HRDA may qualify for a subsidy, reducing the participation cost for eligible organisations and individuals, subject to the HRDA's terms and conditions.
The HRDA subsidy is available to:
To receive the subsidy, eligible persons must attend at least 75% of the course.
ERMIS is the online platform of the Human Resource Development Authority (HRDA) of Cyprus, used for managing training programme registrations, participant details, subsidy applications, and attendance records. All participants attending HRDA-approved courses must have an ERMIS profile and use the platform’s attendance register to check in and check out during each course session. https://ermis.anad.org.cy/
To attend an HRDA-approved course, you must:
See the FAQs below for detailed instructions.
Yes. ALL participants attending HRDA-approved courses must have an ERMIS profile, whether applying for the subsidy or not.
You can create or access your ERMIS profile here: https://ermis.anad.org.cy/
After booking your course through the EIMF website, you must also register through ERMIS, provided that the required profile(s) have already been created.
You must register through your personal ERMIS profile.
For example: If your organisation includes multiple companies, make sure each participant is registered under the correct company profile.
Around one week before the course starts (or immediately after booking if you register less than one week before the course), we will email you the HRDA course details and instructions on how to complete your ERMIS registration.
When registering for the course through ERMIS, you must upload both of the following documents obtained from the Public Employment Service:
You must update your ERMIS profile:
When submitting your request, you must upload one of the following:
Yes. All participants must log onto the ERMIS system and check onto the attendance register when they join a course session and check out when they leave a course session, as HRDA records attendance.
To receive the subsidy, eligible persons must attend at least 75% of the course. Check-ins and check-outs reflect actual attendance.
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