We are excited to share an insightful article on credit risk management authored by our Fellow Member and Executive Councilor, Mr. Raymond Lam, FCCMA, FCCA, Executive Director of Omron Hong Kong Ltd. and winner of the HKCCMA 2022–2023 Credit Management Excellence Award.
Leveraging over 27 years of experience, Mr. Lam offers valuable perspectives on building sustainable business growth through effective credit risk practices:
· Core components of credit risk
· Aligning risk appetite with business strategy
· Customer segmentation using the 80/20 rule
· Balancing payment terms and sales proportion for better cash flows
This is a valuable resource for professionals seeking to enhance their credit management practices and foster long-term business success.
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