David Arick is to serve as the 70th president of US-based risk management society, RIMS. Mr Arick, assistant treasurer, global risk management at International Paper Company, a producer of fibre-based packaging and pulp. Based in Memphis, Tennessee, his team is responsible for risk financing and captive management, insurance programmes and claims management and property loss prevention engineering.

Mr Arick has worked in the insurance and risk management field for over 35 years, beginning his career in claim services at Nationwide Insurance in Columbus, Ohio. He then progressed through risk management positions at Banc One Corporation, Abbott Laboratories, Emerson Electric and General Electric, prior to joining International Paper in June 2004.

“Risk management is at a crossroads,” he said. “While the profession’s momentum is at an all-time high, to keep it moving in the right direction it is up to the risk community to step out of their comfort zones, sharpen their skills and set their collective goals even higher.

“To truly tap risk management’s limitless potential, individually, we must be bold and dive into uncharted professional waters. My priority as RIMS president is to ensure that the society continues to deliver opportunities, resources, networking, events and so much more to empower the risk community to confidently dive into the unknown and advance risk management globally.”

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