GARP has announced the addition of six universities to the GARP Partnership for Risk Education. The new partner institutions are: Dublin City University (Ireland), University Institute of Lisbon (ISCTE-IUL, Portugal), North Carolina State University (US), Pace University's Lubin School of Business (US), Reims Management School (France), and the University of Colorado, Denver (US).

GARP presented its 2012 Risk Manager of the Year Award to Brian Leach, Head of Franchise Risk and Strategy at Citi, at the Association's 14th Annual Risk Management Convention in New York City.

On February 12, GARP announced that a financial services industry committee has been formed to study development of the GARP Benchmark Portfolio Initiative (GBPI).

Top risk managers for the two firms sat next to each other today at a panel discussion organized by a trade group in New York. David Weisbrod, vice chairman of risk management at JPMorgan, and Craig Broderick, Goldman Sachs's chief risk officer, repeatedly agreed with each other's statements during the discussion of new challenges in risk management at the annual convention of the Global Association of Risk Professionals.

"You might have a good year one year, but the next year turns out to be a bad one, and the employer can claw back the stock you got paid in," said Corrigan after delivering a keynote speech on Tuesday at the Global Association of Risk Professionals conference in New York, a trade meeting for finance professionals.

The Global Association of Risk Professionals presented its 2011 Risk Manager of the Year Award today to Aaron Brown, Head of Risk Management for AQR Capital Management at the Association's 13th Annual Risk Management Convention & Exhibition at the New York Marriott Marquis in New York City.

The Global Association of Risk Professionals has surveyed risk managers, analysts and academics to get a sense of the implications of the demise of MF Global Holdings for the role of risk managers. Its findings add to a growing sense that the firm's last chief executive, Jon Corzine, a former New Jersey Governor and U.S. Senator, was an edge-dwelling trader at heart, eager to play a "hands-on role in the firm's high-stakes risk-taking;" indeed, a man enmeshed in a "romance with risk."

The campaign, now under way, is on behalf of the Global Association of Risk Professionals, a nonprofit organization known as GARP. The campaign, with a budget estimated at $3 million to $5 million, encourages professionals to take the organization's examinations to become certified as a financial risk manager, or FRM.