The association had 643 members in Q1 2016. Its membership now stands at 1,084 across 41 countries.
PARIMA has reported a growth rate of more than 50 percent each year since its inception in 2013. It currently has a presence in 20 countries in the Asia Pacific region, and in 19 countries across Africa, Europe and the Middle East.
Singapore, the Philippines and Hong Kong are the most represented countries at PARIMA.
“PARIMA is establishing itself as the fastest growing platform for risk managers,” said Stacey Huang, executive director of the association. “We continue to look for opportunities to bring the risk community together and maintain ourselves as a not for profit association created by risk managers for risk managers.”
“We are looking forward to see PARIMA reaching our common goal to function as a key player in the industry and help cultivate the risk maturity and strengthen the standards and profession in Asia Pacific.”
PARIMA members represent 643 companies across different industries, with 25 percent from financial institutions. Other sectors such as energy, utilities, services, transportation and manufacturing are also evenly represented.
The association will hold its next regional conference in Manila, the Philippines, on 28 March.
This will be followed by two more regional conferences in Shanghai, China, on 21 June and Singapore in November.