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Global Association of Risk Professionals

Global Association of Risk Professionals
AbbreviationGARP
Formation1996
FoundersMarc Lore
Lev Borodovsky
TypeNot-for-profit organization
PurposeRisk Management Education and Certification
HeadquartersJersey City, New Jersey
Coordinates40°43′34.62″N 74°2′1.43″W / 40.7262833°N 74.0337306°W / 40.7262833; -74.0337306
Region served
Worldwide
Membership
279,000 (2021)
Official language
English
Bradford Hu
Richard Apostolik
Revenue
Increase USD $56.78 million (2021)
ExpensesIncrease USD $47.56 million (2021)
Students
84,925 (2021, FRM and SCR registrations)
Websitewww.garp.org
[1][2]

Global Association of Risk Professionals (GARP) is a not-for-profit organization and a membership association for risk managers. Its services include setting standards, training, education, industry networking, and promoting risk management practices. Founded in 1996 and headquartered in Jersey City, New Jersey, with additional offices in London, Washington, D.C., Beijing, and Hong Kong.[3][4][5][6][7] GARP offers several foundational and certificate programs, the best known of which is the Financial Risk Manager (FRM) certification.

GARP also runs initiatives such as the GARP Risk Institute (GRI) and GARP Benchmarking Initiative (GBI) for research and thought leadership efforts within the risk purview.

  1. ^ "Annual Report 2021". Annual Report 2021. Global Association of Risk Professionals. Retrieved 2 October 2022.
  2. ^ "Bradford Hu, Chief Risk Officer". About Citi. Citigroup, Inc. Retrieved 25 October 2020.
  3. ^ Nitschke, Lori. "GARP to Postpone May Exams Due to Uncertainty Surrounding COVID-19". Business Wire. Business Wire. Retrieved 12 October 2020.
  4. ^ Donohue, Christopher. "Global Association of Risk Professionals" (PDF). DePaul University Finance Department. Retrieved 15 October 2020.
  5. ^ Lore, Marc; Borodovsky, Lev (4 April 2000). Professional's Handbook of Financial Risk Management. Butterworth-Heinemann. p. 14. ISBN 978-0750641111. Retrieved 15 October 2020.
  6. ^ "Global Association of Risk Professionals Inc". Bloomberg. Bloomberg Inc. Retrieved 16 October 2020.
  7. ^ "SAS, GARP survey: 81 percent of risk professionals already seeing value of AI". SAS. SAS Institute Inc. Retrieved 25 October 2020.

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